Ideal Power Inc. (NASDAQ: IPWR) has received a purchase order for ten of its 30 kW battery converters from Coritech Services, a provider of custom engineering solutions for EV charging. Coritech intends to install the converters in its bi-directional charging system for use in Vehicle-to-Grid (V2G) applications for the Department of Defense (DoD).
The US military has been testing V2G technology for some time, as a way to improve the energy independence and grid resilience of military installations. In 2013, Coritech developed a commercial truck V2G demonstration as part of the DoD’s Smart Power Infrastructure Demonstration for Energy Reliability and Security (SPIDERS) program. SPIDERS is expected to help inform infrastructure investment decisions having to do with renewable energy and advanced energy storage in the civilian sector. Navigant Research estimates that more than 250,000 V2G-enabled electric vehicles will be sold by 2022.
Ideal Power’s 30 kW battery converter is based on the company’s patented Power Packet Switching Architecture (PPSA), which provides electrical isolation without the use of a transformer. PPSA is designed to offer reduced size, lower cost and improved efficiency compared with conventional systems. The DoD has announced plans to deploy up to 500 V2G-enabled EVs at select installations, and Coritech will be providing charging systems that include the PPSA battery converters.
“Coritech Services is a leader in the development and early deployment of high power bi-directional electric vehicle charging systems,” said Dan Brdar, CEO of Ideal Power. “We are pleased to support Coritech in accelerating market adoption of V2G charging systems for military non-tactical fleets as well as commercial electric vehicle fleets.”
“As the leader in V2G-enabled charging solutions we are using Ideal Power’s battery converter to improve the efficiency and reduce the cost of our systems,” said Russell Ristau, CEO of Coritech Services.
Source: Ideal Power