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 (ABBN.Y 5.51%) and Eaton (ETN -1.64%). 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.
