Hillcrest Energy Technologies Ltd. announced a non-binding agreement in principle with the AI Hub of Innovation ("AHI"), a project of Agritech Haven Limited Partnership, dated July 20, 2026. The agreement advances Hillcrest's PCS1000 on two fronts: an operational BESS pilot at AHI's Alberta campus, and access to AHI's network of datacenter tenants, operators, and technology vendors to evaluate the PCS1000 for 800V DC sidecar power conversion. The PCS1000 is built on Hillcrest's proprietary Zero Voltage Switching (ZVS) topology, with IP entirely Canadian-developed and Canadian-owned. The BESS pilot provides a real operational environment to validate PCS1000 round-trip efficiency and BMS integration. AHI will provide facility access for the BESS pilot and facilitate introductions to its datacenter tenant network, subject to execution of a definitive joint development agreement and confirmation of program funding. CleanPath Distribution Inc., Hillcrest's Indigenous-led commercialization channel majority-owned by Pasqua First Nation #79, is a named party to the agreement.