Ideal Power enters Microgrid Market
Ideal Power Inc. announced today that it has received a multi-unit purchase order from EnerDel, a manufacturer of advanced lithium-ion batteries and energy storage systems for electric grid, transportation and industrial applications, for its Grid-Resilient 30kW Multi-Port Power Conversion Systems which will be used for multiple microgrid installations. The systems are scheduled to ship in Q4 2015. This order represents Ideal Power's first significant multi-unit order for microgrids.
"Microgrids represent a significant opportunity for Ideal Power's Grid-Resilient Multi-Port products, allowing us to expand our product reach beyond traditional behind-the-meter battery energy storage systems," Dan Brdar, CEO of Ideal Power said. "Microgrids are a reliable and less expensive alternative to using diesel fuel-based gensets - not only for the military, but anywhere conventional generators are used as a primary source of power."
"Ideal Power's compact, efficient multi-port product provides unique features that enable robust deployment for mobile microgrid applications," stated Michael Canada, CEO of EnerDel. "Selecting Ideal Power was a natural choice for microgrid systems requiring renewable integration."
Ideal Power's patented Power Packet Switching Architectureâ„¢ (PPSA)-based power conversion systems are smaller and lighter than traditional technology without the high level of efficiency losses associated with conventional power converters. The Company's multi-port technology enables the integration of solar with battery storage and diesel generation using a single power conversion system, dramatically reducing the cost required to form stable, flexible microgrids.