Oct 08, 2020 6:30 AM
The new ESS product is comprised of three major elements including a hybrid inverter to support a wide-range of deployment scenarios, a battery pack for energy storage and a data logger featuring a web-based monitoring portal. The Coolisys hybrid inverter supports a load up to 5.5kW off-grid and 7kW grid-tied. The ESS product is designed for a wide range of applications, including off-grid, self-consumption, net-metering, power backup and time-of-use optimization.
The battery pack features an energy storage system with either one cabinet that can store power of up to 12kWh or two cabinets that can store up to 24kWh. The lithium ferrite phosphate battery pack is ideal for extreme conditions including those in rural or isolated locations.
The web-based monitoring portal provides remote access for system maintenance and performance monitoring.
Coolisys’ President and CEO,
For more information, DPW recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.DPWHoldings.com or available at www.sec.gov.
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Coolisys and its portfolio companies and divisions are primarily engaged in the design and manufacture of innovative, feature rich, and top-quality power products for mission critical applications in the harshest environments and life-saving, life sustaining applications across diverse markets including defense-aerospace, medical-healthcare, industrial, telecommunications, and automotive. Coolisys’ headquarters are located at
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Forward-Looking Statements
This press release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the
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