Ideal Power Converters won a "National Innovation Award" at the recent TechConnect National Innovation Conference near Washington, D.C. This private company's 3-Port Hybrid Converter reduces costs and improves the efficiency of systems that integrate photovoltaic, grid-storage, and electric-vehicle charging.
IPC believes its technology can disrupt traditional products offered by ABB and Eaton . Our roving reporter Rex Moore caught up with IPC CEO Paul Bundschuh at the conference, and chatted about the advantages of his company's power converters, including a massive reduction in size and weight.
Meanwhile, there are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article How This Company Is Disrupting the Energy Conversion Market originally appeared on Fool.com.
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