Ideal Power Inc (IPWR)

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Ideal Power and Enerdel Sign Strategic Alliance Agreement for Mobile Hybrid Power Systems
Sep 9 14

Ideal Power, Inc. and EnerDel, Inc. have signed a Strategic Alliance Agreement. EnerDel is developing a new line of Mobile Hybrid Power Systems (MHPS) that will integrate Ideal Power's 30kW hybrid converter, EnerDel's lithium-ion batteries, and proprietary control systems with a diesel generator. EnerDel's new 3(rd) generation MHPS is designed for both remote and grid-tied microgrid applications that depend on diesel generators as the primary power source and is expected to be commercially available later this year. EnerDel's Mobile Hybrid Power System (MHPS) offers up to a 70% reduction in diesel fuel consumption compared to stand-alone generators, and has been tested by the United States Army Corps of Engineers' Engineer Research and Development Center (USACE-ERDC) in Champaign, Illinois. EnerDel expects its 3(rd) Generation MHPS to further reduce diesel consumption and costs, while offering other benefits to commercial, industrial, utility and government customers. The new MHPS will be a family of modular products starting from a 30kW - 40kWh base system sold by EnerDel worldwide.