Santa Cruz Based infiniRel is Awarded $100,000 in Round 3 of the American-Made Solar Prize
Santa Cruz, July 10, 2020 Santa Cruz startup, infiniRel, was one of the 10 winning teams today that will advance to the final phase of the American-Made Solar Prize Round 3. The U.S. Department of Energy (DOE) developed the competition to incentivize the nation’s domestic solar entrepreneurs. infiniRel and each of the 9 other finalists will receive $100,000 in cash and $75,000 in vouchers at the DOE National Labs or other qualified partner facilities, to further develop their technology.
The infiniRel team headed by Founder & CEO Bert Wank, of Capitola, have developed a patented hardware/software system that monitors inverters at large-scale solar power plants. infiniRel’s technology helps solar plant operators to reduce unexpected maintenance costs by monitoring the health of the solar inverters while they’re operating, and timely intervene to prevent costly and destructive failures. infiniRel won the Monterey Bay Startup Challenge, Venture Division, May 8 of this year.
Bert Wank, said of the prize, “This award allows us to advance and validate our solution by working with our national labs, and partners that the American-Made Solar connector network has cultivated. It is the first of the scalable innovations infiniRel is developing to improve operating efficiencies for emerging technologies including solar, energy storage, Electric Vehicles and hybrid-electric propulsion systems for cargo drones and air taxis”.
The team has had to work remotely due to the COVID-19 restrictions. Founder Wank said Skype and Zoom meetings allowed the team which includes William Allen, Co-Founder and Ronnie Pettersson, Advisor, both of San Jose, together with Andreas Schneider, infiniRel CMO-in-Residence of Munich, Germany to collaborate with the rest of the distributed team across borders.
This fall, infiniRel will submit their prototypes to the final round of the American Made Solar Prize for a chance to win the grand prize of $500,000 in cash and an additional $75,000 in vouchers.
For additional information on this press release contact Bert Wank at (408) 912-2600 email@example.com, or visit https://www.infiniRel.com.
Andreas Schneider | 07/21/2020