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Power Correction Systems
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Short description

Developer and provider of energy efficiency solutions for power quality, process, lighting, HVAC, and building shell energy dynamics

Founded in 1998
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

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 Los Angeles, CA Los Angeles, United States
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Updated by Brahm Segal at Power Correction Systems on 01/14/2014

Edited by Cleantech Group on 09/14/2021

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Date Company
12/31/2007

Neel Controls Neel Controls

Confirmed by Neel Controls

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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
12/31/1998 (0)
Post-money valuation of
Private and angel investment.
Seed $700,000
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Products
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Product image Name Product status Revenue model Cost metrics

micro grid and utility grid energy storage systems

vanadium flow battery with high speed power electronics for grid reliability, stability,,energy conservation ,peak shaving,,load shifting ,

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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