SEATTLE, Sept. 09, 2017 (GLOBE NEWSWIRE) -- Pacific Volt, a recently organized provider of smart grid technologies, announced today that it has completed the integration of the voltage regulation technology and operations of MicroPlanet, Inc., which were acquired earlier this year in a court approved settlement with MicroPlanet’s creditors. The strategic purchase returns control of the technology to a group of committed financial investors, technologists, and distribution partners that are supporting the management team’s efforts to re-launch an improved product line under the Pacific Volt™ brand.
Deployed across four continents by utilities, the U.S. military, and multiple industrial and commercial customers, Pacific Volt’s technology regulates voltage with a bi-directional power flow to a user programmed set point on low voltage power networks with exceptional accuracy, reliability, and speed, to improve power quality, grid efficiency, energy conservation, and integration of distributed generation sources (e.g. solar and wind). Utilities need solutions that will help them cost effectively manage voltage irregularities at the edge of their networks and mid-stream volatility caused by reverse flow of excess power from renewable energy producers. Consumers see improved efficiency and durability of electric motors, bulbs, and other connected equipment, which increases product life and uptime, lowers maintenance and replacement costs, and reduces energy consumption.
“Many years and millions of dollars have been spent developing and validating this patented technology and there are thousands of installations around the world that will be candidates for replacement or upgrade to our technology," said Wolfgang Struss, Chief Executive Officer of Pacific Volt. “Our customers and their consultants have been incredibly patient waiting for our products and the team at Pacific Volt is very excited about our prospects given the market’s demand from our technology.”
Greg Wiegand, Chief Technology Officer of Pacific Volt and one of the original inventors of Pacific Volt’s technology, is overseeing the integration of new features into the Pacific Volt product line. “One of the problems we will resolve in our upcoming product release is the elimination of the “visible flicker” observed in many of today’s energy efficient LED lighting systems,” said Mr. Wiegand. "Our technology incorporates stable, sub-cycle regulation, which typically reduces a Pst (flicker) value by 67%. In other words, Pacific Volt’s regulators now produce much cleaner voltage than a utility can possibly supply without it, and at the same cost effective price."
Products
Pacific Volt’s initial product offerings focus on the single phase 50Hz Low Voltage Regulator (LVR) models such as the LVR-20 & LVR-30, with a 50kVA model for the North American 60Hz market to be announced shortly. The 3 phase models will be updated to support the latest advancements as quickly as practical. Future product launches are scheduled to begin in October 2017.
About Pacific Volt
Based in Seattle, Pacific Volt was founded by technologists who believe that the quality of our electrical supply will soon be as ‘top-of-mind’ as the purity of the food and water we need to survive. Our accelerating dependence on connectivity to sustain our economy and quality of life is making power spikes, sags, flicker, and brownouts more and more intolerable. Pacific Volt products and technology optimize power quality by removing harmful voltage irregularities from the electrical infrastructure that can disrupt, damage, and shorten the life of the connected devices we depend on.
For More Information:
Wolfgang Struss
Chief Executive Officer
phone: (360) 930-8283
email: wstruss@pacificvolt.com
web: www.pacificvolt.com