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 6.26%) and Eaton (ETN -0.40%). Our roving reporter Rex Moore caught up with IPC CEO Paul Bundschuh at the conference, and chatted about the billion-dollar opportunities in these markets.
