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Ideal Power
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Short description

Developers of a new, light-weight power inverter technology; formerly Ideal Power Converters

Founded in 2007
Founded in

Company type Public Public (IPWR)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Spicewood, TX Spicewood, United States
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Updated by Cleantech Group on 08/17/2021

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Date Company
08/07/2015

Sonnen Sonnen

Sonnenbatterie has selected Ideal Power's power conversion systems for commercial energy storage solutions. Sonnenbatterie will integrate Ideal Power's power conversion systems with its commercial system.

Confirmed by Sonnen
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Date Partner Type
04/09/2015
Aquion Energy Aquion Energy
Ideal Power's PCS underwent testing and validation in Aquion Energy's labs to verify the compatibility of the two companies' products under typical operating conditions. The results demonstrated that Ideal Power's PCS is an excellent fit for Aquion Energy's battery products, delivering exceptional efficiency and reliability.
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Confirmed by Aquion Energy
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IPO INFORMATION

Date

11/22/2013

IPO status

Listed

IPO Type

IPO

Amount

$15M

Initial shares

3000000

Ticker symbol

IPWR

Exchange listed

Nasdaq SmallCap Market

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Date Investors Type Amount
02/12/2021 (0)
Post-money valuation of
Ideal Power announced the closing of an underwritten public offering of 1,352,975 shares of its common stock
 Follow-on Public Offering $21,100,000
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Products
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Product image Name Product status Revenue model Cost metrics

IPV-30kW-480

- 30kW PV Inverter - Suited for medium-size commercial installations and solar parking structures, typically ranging in size from 25kW to 250kW. - Supports standard grounded PV arrays (unipolar and bipolar configurations) without requiring internal or external transformers.

 Wide Commercial Availability
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$/kW (projected)
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