Phillip Southard, PDS Consulting, LLC
9/11/2012 8:07 AM EDT
Product development for industrial applications involves extensive research and preparation in an environment of rolling deadlines and ever-evolving product specifications. While time-to-market for this sector may not be as short as it is for consumer electronics, products must ship quickly and with as many essential functions, features and potential hooks for the next generation as possible. Companies vie to be industry leaders in their respective competitive arenas—especially in new markets such as green power, which in their infancy and without defined leaders require pioneers to design, develop and deliver new products. Success depends not only on an inspired, dedicated team of engineers, advanced computing technology and new materials, but also on angel investors or government agencies to provide grants for promising approaches to improved energy generation, distribution, monitoring, metering and consumption.
In the fall of 2011, engineers from Princeton Power Systems (PPS), a New Jersey-based manufacturer of advanced power-conversion products and alternative-energy systems, demonstrated their latest green power product. This demand response inverter (DRI) was the result of a three-year collaboration between PPS, the United States Department of Energy and Sandia National Laboratories’ Solar Energy Grid Integration Systems (SEGIS).
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