Press Releases

Recent Press Releases

2014
February: CODA Energy to Help Curb Utility Expenses with Princeton Power Systems Inverters.
January: EnStorage Israel Ltd. and Princeton Power Systems Awarded BIRD Foundation Energy Grant from DOE.
January: Princeton Power Systems Inverters Selected by Bysolar for Frequency Regulation.
2013
October: Matt Koenig Joins Princeton Power as Director of Sales- Eastern Region.
September: Princeton Power Appoints Ken McCauley CEO and Marshall Cohen Chairman.
September: Princeton Power Systems GTIB-30 Receives UL Listing.
May: General William Lennox Joins Princeton Power's Board of Directors.
March: Princeton Power Systems DRI-10 Receives UL Listing.
2012
November: Princeton Power Systems Develops a 2MW Inverter for the Department of Energy.
September: City of San Diego Unveils Microgrid System based on Princeton Power Technology.
July: Princeton Power Systems Power On Energy Storage System At BMW Technology Office.
July: Princeton Power Systems Launches Its New Demand Response Inverter (DRI-10).
July: Princeton Power Systems Introduces Its New Demand Response Inverter (DRI-10).
May: Princeton Power Systems Announces Energy Storage System to Support New Microgrid at Ft. Bliss.
April: Green Charge Networks Selects Princeton Power Systems as Inverter Supplier for NYC Smart Grid Project.
2011
Dec: Princeton Power Systems Unveils High-Voltage DC Transformer.
Dec: Princeton Power Systems Integrates Grid-tied Inverter Into PJM Regulation Market.
Sept: PPS Unveils "An Island in the Sun" Demonstration Site, New Manufacturing Facility in NJ.
Sept: U.S. Army Using Princeton Power Electronics for Microgrid Demonstration.
July: Sandia Labs and Princeton Power Systems Selected for R&D 100 Award.
Jan: New Cleantech Manufacturing Facility Opens, Triples Production Capacity for Inverters and Energy Storage Systems.
2010
Nov: United States Department of Energy Awards Princeton Power Systems Hydropower R&D Program.
Oct: United States Department of Energy Selects Princeton Power Systems to Develop a Converter for MW-Scale Wind Turbines
Sept: Department of Energy's Sandia National Laboratories Awards Princeton Power Systems $2.7M For New SEGIS Solar Inverter Design
Aug: United States Department of Energy Selects Princeton Power Systems to Develop Converter for Hydropower Applications
Aug: Princeton Power Systems to Build Next-Generation Large-scale Solar and Energy Storage System
Feb: Stephen E. Morgan Joins Princeton Power Systems Board of Directors

Press Release Archives

2009
Dec: Two Companies Awarded Funding Under New Jersey’s Clean Energy Manufacturing Fund
Sept: PPS Selected by US Department of Energy to Develop Advanced Power Electronics for Grid-connected Hydropower Applications
July: Princeton Power Systems Awarded $2.8MM Contract With Sandia National Lab to Commercialize New Inverter Design
July: Governor Corzine Lauds Expansion of Homegrown Clean Energy Company
June: Princeton Power Systems Appoints CEO, COO, EVP
June: Princeton Power Systems to Develop Revolutionary Silicon Carbide Energy Device
June: Princeton Power Systems Develops High-Voltage DC Converter for Remote Alaska Interties
June: Princeton Power Systems Announces Underwriters Laboratories Standard 1741 Approval for 100kW Grid-Tied Inverter
2008
Sept: Princeton Power Systems Wins Contract from U.S. Department of Energy to Develop High Performance Commercial Scale Solar Conversion Technologies
2007
Jan: Princeton Power Systems Wins Grant from NASA for Highly-Compact Power Converter
Jan: Princeton Power Systems Accepts Orders for New 100 kW M-link™ Grid-Tied Inverter
Sept: Purchase Order for Aircraft Carrier (CVN 78) Motor Drives
Nov: Princeton Power Systems Installs Hybrid Solar, Wind, Battery System for Bermuda Electric light Company
2006
Apr: Princeton Power Systems Delivers Advanced AC-link Clean Power Variable Speed Drive to Passaic Valley Sewerage Company
July: Princeton Power Systems Wins $262,000 Award to Commercialize Grid-tied Solar Inverter
July: Princeton Power Systems Partners with Princeton University to Win $529,626 for Solar Power Technology Development
2005
Mar: US Navy Awards Active Transformer SBIR Contract to Princeton Power Systems
June: Princeton Power Systems Delivers Advanced AC-link Clean Power Variable Speed Drive to University's Chilled Water Plant
June: Princeton Power Systems’ CEO Honored as 2005 New Jersey Business Leader
Aug: Princeton Power Systems’ CEO Honored as Outstanding Entrepreneur by Red Herring Magazine
Nov: Princeton Power Systems Wins 2005 "Early Stage Company of the Year" Award
2004
Nov: Princeton Power Systems Secures $250,000 EDA Grant
2003
Sept: Princeton Power Wins Contract to Develop Low Cost, Highly Reliable Clean Power Renewable Energy System
Oct: Princeton Power Wins Contract to Develop Low Wind Speed Technology for Small Wind Turbine
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