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Ideal Power Converters Achieves Key Certification for Grid Storage Battery Converter
AUSTIN, TX, Feb 06, 2013 (MARKETWIRE via COMTEX) --
Ideal Power Converters ("IPC" or "the Company"), a developer of
disruptive electronic power converter solutions, announced today that
its 30kW Battery Converter has been certified for UL1741 conformance.
The certification for UL1741 ensures safety and grid compatibility
for distributed generation technology that supplies power to the
electric grid in North America.
IPC has invented and patented indirect Energy Packet Switching(TM)
topology that uses a standard lightweight hardware design and
embedded application-specific software to serve the fragmented
multi-billion dollar power conversion market. This approach
dramatically improves efficiency, installation and manufacturing
costs. IPC's initial focus is on photovoltaic (PV), grid storage, and
electric vehicle (EV) charging infrastructure applications.
"Battery converters can contribute up to half the energy efficiency
losses and costs in grid storage systems," said Paul Bundschuh, CEO
of Ideal Power Converters. "IPC's Battery Converter provides both
battery charging and inverter functions with higher efficiency and
lower installed cost thereby improving the economic value of battery
storage. Industry leaders are working with us on emerging
grid-storage applications including commercial peak demand reduction,
utility load shifting, buffer storage for EV fast charging, and
bi-directional EV charging."
IPC's 30kW Battery Converter weighs only 97lbs, much less than the
weight of conventional bi-directional battery chargers. It is easily
wall-mountable, reducing shipping and installation costs by up to 90
percent. It is built on the same Universal Power Converter
Platform(TM) as the Company's initial PV inverter product, and is the
next step in the company's roadmap of solutions for photovoltaic,
grid-storage and electric vehicle charging infrastructure.
The Battery Converter provides greater than 96 percent charging and
inverter efficiency on average.
"Grid storage battery converters often operate at low rated power,
and the IPC Battery Converter delivers 95 percent efficiency at 10
percent of rated power, compared to 85-88 percent efficiency for
conventional charger/inverter systems," said Bill Alexander, Chief
Technical Officer of Ideal Power Converters. "This can reduce battery
costs by about 7 percent and electric energy operational costs by
about 14 percent."
The Battery Converter provides bi-directional power conversion over a
full power DC range from 500 to 1000V DC, and with 60Amp DC limit
down to 200V DC. It also provides isolation between the battery
system and the grounded 480V AC grid without the need for either an
internal or external transformer. It is suitable for interfacing a
wide variety of battery systems to the grid including new and used
electric vehicle lithium-ion batteries.
IPC's products also support industry standard interfaces and provide
detailed third party efficiency test results to encourage
standardization of battery system components. The product was
developed and is being manufactured in Austin, Texas.
About Ideal Power Converters
Ideal Power Converters has invented,
patented and commercialized a revolutionary new technology that
significantly improves the weight, size, cost, efficiency and
reliability of electronic power converters - the conduits to modern
energy. Based on patented indirect Energy Packet Switching(TM)
topology that uses a standard lightweight hardware design and
embedded application-specific software, IPC serves the multi-billion
dollar power conversion markets of renewable energy, electrical
energy efficiency, smart grids and electric vehicles. IPC products
include solar inverters, bi-directional battery and electric vehicle
chargers, all built on the same lightweight Universal Power Converter
Platform(TM). IPC has received funding from the State of Texas
Emerging Technology Fund, and has been awarded $2.5M from the U.S.
Department of Energy Advanced Research Projects Agency - Energy
(ARPA-E). IPC was also included in the "Cool Vendors in Solar Energy,
2012" report published by Gartner Inc, and won the 2012 Defense
Energy Technology Challenge. For more information, visit:
http://www.IdealPowerConverters.com.
Ideal Power Converters Media Contact:
Mercom Capital Group
Wendy Prabhu
1.512.215.4452
Email Contact
SOURCE: Ideal Power Converters
http://www2.marketwire.com/mw/emailprcntct id=1EAE9324ED662A81
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