ICP Solar buys Newfoundland company (3)
ICP Solar, a Montreal-based company which produces a whole range of innovative solar panels and chargers, has bought this week WES Power Technology Inc, a small newfoundland company.
WES Power Technology started as a small DIY project, where the original team asked themselves how to manage a combination of hybrid energy, i.e. solar panels and wind turbines. As you might know, renewable sources of energy are not regular throughout time, unlike a classical electrical plant where you can control the power throughput. WES’s idea was then to connect the solar arrays and wind turbines to a set of batteries, and control both of them via a hardware and software setup, so as to enable a constant power output. It’s very similar in principle to the system you can find nowadays in hybrid cars.
WES Power’s acquisition will add a much-needed product to ICP Solar’s range of product. It will enable them for instance to sell solutions for industries and businesses that requires reliable and constant power.
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