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News Breaks
January 8, 2014
13:25 EDTIPWR, IPWR, IPWRIdeal Power to host investor conference call
Conference Call to introduce new CEO and discuss market opportunities for its proprietary PPSA technology will be held on January 13 at 2 pm. Webcast Link
News For IPWR From The Last 14 Days
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October 22, 2014
08:09 EDTIPWRIdeal Power receives purchase order for over 3.5MW of 30kW battery converter
Ideal Power has received multiple new purchase orders for over 3.5 Megawatts of its 30kW battery converter products. Orders were received from two market leaders in the energy storage system industry and are for delivery between October 2014 and early 2015. The orders are for the company's 30kW battery converters that will be incorporated into energy storage systems targeting retail demand charge reduction in California and several other states. Demand charges can be up to 50% of a commercial customer's total energy bill. The typical installation uses between one and eight 30kW units in a commercial building with high peak loads such as retail, office and professional buildings. Many of these energy storage systems are expected to be financed by Ideal Power's customers with no upfront capital costs and guaranteed minimum monthly demand charge savings.

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