Powering Ahead with DC Solutions in 5G, Electric Vehicle Charging, and Nano/Microgrids



KEY POINTS
  • Founded in 1979, Polar Power is a leader in providing clean and efficient DC power systems for backup, primary, and mobile power needs.
  • The DC power market is expected to reach $5.5 billion by 2025 from $4.2 billion in 2019 .
  • Polar presently supplies DC power systems for a variety markets including 5G telecom, EV charging, and nano/microgrid systems for homes and business.
  • Global Tier 1 telecom customers are currently the primary source for the revenue and backlog, with 5G deployments driving demand for tower infrastructure and backup power worldwide.
  • The global telecom power systems market is expected to grow at a CAGR of 9.7% between 2020 and 2027.
  • The rapidly growing demand for EV charging is likely to strain the utility grid and can be supplemented by cost effective, clean, and efficient solutions by Polar’s DC power systems in both stationary and mobile charging applications.
  • Nano/microgrids are seeing growing demand for several reasons. Polar plans to actively pursue this market in sub-200kW applications where its DC power platform offers several advantages over incumbent AC power solutions.

CATALYST MONITOR

  • Develop and execute a strategy to access the EV charging and distributed energy (nano/microgrid) markets.
  • Launch Toyota 1KS and 4Y engines operating on natural gas and LPG for residential and commercial markets in 2Q21. The soft launch in Q420 in the telecom segment has shown promising results.
  • Achieve technology milestones, including a commercially available 50kW DC power system to help access the nano/microgrid market.

CHARTING THE PATH

Founded in 1979, Polar Power is a leader in providing clean and efficient DC power systems for backup, primary, and mobile power needs.

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