Ideal Power Enters Distribution Agreement with WESCO International

Ideal Power Inc. (NASDAQ:IPWR) has entered into a distribution agreement with WESCO International, Inc. (NYSE:WCC). WESCO International is a provider of electrical, industrial, and communications maintenance, repair and operating and original equipment manufacturers products, construction materials, and advanced supply chain management and logistics services.
According to the press release:

WESCO added Ideal Power’s Grid Resilient 30kW and 125kW power conversion systems to its distribution portfolio in markets including California, New York and Hawaii, where the energy storage opportunity complements its core PV solar business. These grid-resilient power conversion systems enable the integration of solar photovoltaic systems and conventional generation with battery storage to deliver stable, flexible, and reliable energy whether on or off the grid. WESCO currently has inventory in stock at its warehouses in California.
“We’re excited about the possibilities this agreement brings to our customers, particularly utilities and those working in remote locations,” said David Bemoras, WESCO Vice President, Global Sales and Marketing. “These products have proven to be an economical choice by enabling customers to store energy created by solar and use it at a later time.”
The distribution agreement gives Ideal Power access to WESCO’s network of 80,000 worldwide customers and 500 branches in North America and overseas.
“This agreement with WESCO will give Ideal Power additional channels to market, increasing our access to WESCO’s loyal base of customers,” commented Dan Brdar, CEO of Ideal Power. “We look forward to working with WESCO as we continue expanding our business.”

Click here to read the full press release.