Ideal Power Converters won a "National Innovation Award" at the recent TechConnect National Innovation Conference near Washington, D.C. This private company's 3-Port Hybrid Converter reduces costs and improves the efficiency of systems that integrate photovoltaic, grid-storage, and electric-vehicle charging.
IPC believes its technology can disrupt traditional products offered by ABB (NYSE: ABB ) and Eaton (NYSE: ETN ) . Our roving reporter Rex Moore caught up with IPC CEO Paul Bundschuh at the conference, and chatted about electric vehicles, and combining grid storage with photovoltaic technology.
A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names two global auto giants poised to reap big gains in the world's largest auto market that could drive big rewards for investors. You can read this report right now for free – just click here for instant access.