Hillcrest Energy Technologies Ltd., a Canadian energy company listed on the Canadian National Stock Exchange, has recently announced its participation in the 2026 Open Compute Project (OCP) Global Summit in San Jose. The company, which specializes in the acquisition, exploration, development, and production of oil and gas reserves, is set to present its latest advancements in power-supply technology. Hillcrest holds a 75% working interest in the Western Canada Sedimentary Basin, located in Alberta and Saskatchewan, underscoring its significant role in the oil and gas sector.
At the summit, Hillcrest’s senior engineering and operations staff will showcase their research on an 800-volt power-supply design. This design employs a single-stage, Zero-Voltage-Switching (ZVS) technology aimed at enhancing conversion efficiency and reducing thermal load, particularly for high-density data-center applications. The prototype module, known as the PCS1000, incorporates this innovative ZVS technology and is currently in the prototype stage.
Hillcrest’s participation in the summit is strategic, as it seeks to engage with operators, equipment manufacturers, and suppliers to explore collaboration opportunities. The company aims to advance the deployment of its technology in next-generation data-center infrastructure, aligning with its ongoing efforts to develop power-conversion solutions for various applications. These include AI data centers, energy storage systems, microgrids, and electric-vehicle powertrains.
Despite facing challenges, as indicated by its negative price-to-earnings ratio of -2.45, Hillcrest continues to pursue growth and innovation. The company’s market capitalization stands at 22,360,000 CAD, with a close price of 0.125 CAD as of October 7, 2026. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 0.24 CAD on January 19, 2026, and a low of 0.095 CAD on October 13, 2025.
Hillcrest Energy Technologies Ltd. remains committed to its dual focus on energy production and technological innovation, positioning itself as a key player in both the oil and gas industry and the evolving landscape of energy-efficient technologies. For more information, the company’s website can be accessed at www.hillcrestpetroleum.com .
