Ideal Power Inc., a developer of innovative power conversion technologies, announced today that it has signed a Master Purchase Agreement with JLM Energy, a leading provider of commercial and industrial (C&I) energy storage systems, to supply its 30kW and 125kW power conversion systems for JLM Energy's portfolio of commercial battery energy storage systems and microgrid projects. The agreement includes an initial purchase order for 4 MW of products to be delivered over the course of the next year.
"We researched all options for power conversion systems from manufacturers both domestic and abroad," said Bob Montano, Vice President of Operations for JLM Energy. "Ideal Power offers a full range of products that fulfill the requirements of our product line while also providing industry-leading performance, cost, and customer focus."
Ideal Power's power conversion systems are based on its patented, industry-leading Power Packet Switching Architecture™ (PPSA) which offers customers a proven, compact, high-efficiency solution that has gained broad acceptance in the industry.
"JLM is a leading energy storage technology company with an impressive pipeline of commercial and residential projects. Their ability to drive stand-alone energy storage or microgrid projects through every development phase from design to manufacturing, installation, and system monitoring makes them a highly valued partner. We are pleased to supply our award-winning power conversion systems to their customers," commented Ryan O'Keefe, Senior Vice President of Business Development of Ideal Power.
Source: Ideal Power
Date: Oct 24, 2016