Published: July 06, 2011
Sandia Labs and Princeton Power Selected for R&D 100 Award
PRINCETON, N.J. - (BUSINESS WIRE) - The editors of R&D Magazine along with an independent judging
panel have selected Princeton Power Systems (PPS) as a recipient of an
R&D 100 Award for their Demand Response Inverter (DRI). The 49th
Annual R&D 100 Awards salutes the 100 most technologically significant
products introduced into the marketplace over the past year.
The DRI is an advanced multi-port inverter designed to reduce the
Levelized Cost of Energy of photovoltaic energy, and to integrate solar
energy with energy storage (batteries) and electric grid communications
and support functions. Applications for the DRI include microgrids,
electric vehicle charging, renewables management, and grid services such
as power factor compensation, frequency regulation, and demand response.
Development of the DRI has been funded in part by the US Department of
Energy's Sandia National Laboratories, under the Solar Energy Grid
Integration Systems (SEGIS) program.
"The DRI combines a commercial-scale solar inverter with Smart Grid
functions and advanced battery management, to allow advanced
applications such as large microgrids," stated Darren Hammell, Executive
Vice President Business Development. "This award is a well-deserved
recognition for the tremendously skilled R&D and Engineering teams at
PPS, for bringing this exceptionally powerful new inverter to the
market."
The R&D 100 Awards have long been a benchmark of excellence for industry
sectors as diverse as telecommunications, high-energy physics, software,
manufacturing, and biotechnology. Since 1963, the R&D 100 Awards have
identified revolutionary technologies, such as the halogen lamp (1974)
and now the Demand Response Inverter.
"During the recent economic downturn, industry, academia, and government
labs continued to innovate. The editors were impressed with the strong
field of candidates for this year's R&D 100 Awards. The number of
entries exceeded that of recent years," said Rita Peters, editorial
director of R&D Magazine.
Winners will be recognized at the R&D 100 Awards Banquet on Oct. 13,
2011, in Orlando, Florida. A full list of this year's winners is
available at www.rdmag.com.
About PPS
Princeton Power Systems is a manufacturer of advanced power conversion
products and alternative energy systems, with patented electronics that
provide a more reliable and cost-effective means for converting electric
power cleanly and efficiently. The company has solutions for renewable
energy, distributed power generation, and military applications.
Princeton Power Systems
Marta Loc, 609-955-5390 ext. 112
mloc@princetonpower.com
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