Ideal Power Inc. received a half MegaWatt order for its Grid-Resilient 30kW Power Conversion Systems (PCS) for the German market. The order comes after the successful deployment of an initial demonstration system at a commercial facility in Germany using Ideal Power's technology. The Ideal Power 30kW PCS, based on its patented Power Packet Switching Architecture™ (PPSA™), will be integrated into new commercial energy storage projects in Germany.
Germany is one of the world's leading energy storage markets with 67MW of energy storage (128 MW-hours) at the end of 2015. Factors including the nation's declining feed-in tariffs, high retail electricity rates and abundance of installed renewables make it an attractive market for the energy storage value proposition.
"We are pleased to expand into Germany, which has a mature residential storage market and burgeoning demand for commercial and industrial (C&I) storage," said Dan Brdar, CEO of Ideal Power. "The pilot commercial installation was a successful case study and shows that our products combined with distributed energy storage have value beyond the U.S. demand charge application."
Ideal Power's patented PPSAâ„¢-based PCS are smaller and lighter than traditional technology without the efficiency losses associated with conventional power converters. The grid resilient 30kW PCS offers customers a proven, compact, high-efficiency solution for integrating energy storage at C&I facilities where space can be limited.
Ideal Power's systems are also software configurable, which allows operation in 50Hz or 60Hz environments -- improving the ease of deployment in different geographical markets -- and provides the flexibility to enhance performance for a variety of energy applications. The significant reduction in the size and weight of Ideal Power systems also results in dramatically lower installation costs.
