Ideal Power Completes Department of Energy Phase I SBIR Project Deliverables for B-TRAN™ Compatible AC Solid State Circuit Breaker
AUSTIN, Texas, March 07, 2022 (GLOBE NEWSWIRE) — Ideal Power Inc. (Nasdaq: IPWR), a pioneer in the development and commercialization of highly efficient and widely patented B-TRAN™ bi-directional power switches, today announced have delivered on its Phase I project commitments under the Small Business Innovation Research (SBIR) grant awarded in collaboration with Diversified Technologies, Inc. (DTI) of the Department of Energy (DOE) to develop the conceptual design of a B-TRAN™ 50 MW, 13.8 kV Alternating Current (AC) Low Power Solid State Circuit Breaker (SSCB). The SSCB is intended for use in medium voltage power distribution and renewable energy/microgrid connection to the United States main electrical grid.
As part of Phase I of the project, Ideal Power conducted comprehensive semiconductor device optimization, completed B-TRAN™ device design and wafer layout for potential fabrication in Phase II, leveraging of its existing design to accommodate a multi-chip package design and, with the assistance of a world-class packaging company, completed the conceptual design of the multi-mold package with double-sided cooling , modeling both thermal performance and inductance. These designs demonstrate the ability of B-TRAN™ switch modules to interrupt AC power and confirm the efficiency and speed of B-TRAN™ devices in AC operation. The B-TRAN™ based SSCB is expected to limit fault energy by orders of magnitude compared to conventional mechanical circuit breakers.
“B-TRAN™ compatible SSCBs could potentially displace mechanical circuit breakers, which are about a hundred to a thousand times slower than SSCBs (operating in milliseconds rather than microseconds) and prone to arcing and wear, as well as solve the problems posed by SSCBs using conventional switches such as IGBTs that experience high conduction losses, resulting in significant wasted energy that must be dissipated as heat,” said Dan Brdar, President and CEO of the management of Ideal Power. “We look forward to taking the next step with DTI, submitting a Phase II proposal to build and demonstrate a 50 MW, 13.8 kV AC SSCB, and are excited about the potential of B-TRAN. ™ to revolutionize the SSCB market in both DC and AC applications.
SSCBs prevent damage to downstream loads, upstream generators and the grid itself by using current interruption times in the microsecond range. B-TRAN™ should make SSCBs more efficient, smaller and cheaper through:
Elimination of the need for external cooling systems by instead using passive cooling similar to a pad-mounted service transformer;
50% less conduction loss compared to conventional power semiconductor switches; and
Fewer components/switches and smaller footprint thanks to the unique bi-directional capability of B-TRAN™.
DTI and Ideal Power plan to collaborate on a grant application for a Phase II project. If a Phase II grant is awarded by the DOE, DTI will build and test a complete 50 MW AC SSCB using Ideal Power B-TRAN™ devices.
According to Fortune Business Insights, the global market for all circuit breakers, including SSCBs, is expected to grow at a compound annual growth rate of over 6% to reach $25.85 billion by 2027. There is a tremendous opportunity for SSCBs to replace mechanical circuit breakers and earn an additional share. in many medium voltage applications in the utility, distributed generation, and transmission/distribution markets, as well as other commercial and industrial power switching applications such as powertrain and hybrid vehicle charging and electrical.
About Diversified Technologies, Inc.
Diversified Technologies, Inc. designs, manufactures and markets the patented PowerMod™ line of high-voltage solid-state pulsed power modulators and switched-mode power supplies. DTI’s PowerMod technology is the recipient of prestigious local and national awards and is recognized as a true breakthrough in high voltage electronic design. The company has shipped hundreds of systems to customers in the U.S. Departments of Energy and Defense, leading universities, and private sector companies for a range of applications including semiconductor manufacturing, food processing, high energy physics research, medical electronics and radar. For more information on the DTI, please click here.
About Ideal Power Inc.
Ideal Power (NASDAQ: IPWR) is at the forefront of developing its extensively patented bi-directional power switches, creating highly efficient and environmentally friendly energy control solutions for electric vehicles, charging electric vehicles, renewable energy, energy storage, UPS/data center, solid state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction (B-TRAN™) semiconductor technology. B-TRAN™ is a unique bi-directional AC switch capable of delivering substantial performance improvements over today’s conventional power semiconductors. Ideal Power believes that B-TRAN™ modules will reduce conduction and switching losses, thermal management complexity, and operating costs of medium voltage AC power switching and control circuits. For more information, visit www.IdealPower.com.
All statements in this release that are not based on historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as as amended, and Section 21E. of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements regarding our expectation that B-TRAN™ based SSCBs can limit fault energy by orders of magnitude compared to conventional mechanical circuit breakers, B-compatible SSCBs. TRAN™ could potentially displace mechanical circuit breakers in addition to solving the problems posed by SSCBs using conventional switches, the potential for B-TRAN™ to revolutionize the market for SSCBs in DC and AC applications, that B-TRAN™ will make SSCBs more efficient, smaller and cheaper, Collaborative Plan on Grant Application for Phase II Project, Global Market for All Circuit Breakers Including SSCBs and Expected Growth of the same and the possibility for SSCBs to replace mechanical circuit breakers and gain additional share in many medium voltage applications in the service market utility, distributed generation, and transmission/distribution, as well as other commercial and industrial power switching applications. Although the management of Ideal Power has based all forward-looking statements included in this press release on its current expectations, the information on which these expectations were based is subject to change. These forward-looking statements are based on a number of assumptions about future events and are subject to a number of risks, uncertainties and other factors, many of which are beyond Ideal Power’s control and which could cause that actual results differ materially from these statements. These risks, uncertainties and other factors include, but are not limited to, the risks and uncertainties associated with market conditions and the risks and uncertainties set forth in Ideal Power’s quarterly, annual and other reports filed with the SEC. In addition, Ideal Power operates in a highly competitive and rapidly changing environment where new and unforeseen risks may arise. Accordingly, investors should not rely on forward-looking statements as a prediction of actual results. Ideal Power disclaims any intention and assumes no obligation to update or revise any forward-looking statements.
Ideal Power Investor Relations Contact:
LHA Investor Relations
Carolyn Capaccio, CFA
Phone. : 212-838-3777