MOUNTAIN VIEW, Calif., Sept. 29, 2016 /PRNewswire/ -- Based on its recent analysis of the power quality applications market, Frost & Sullivan recognizes Merus Power with the 2016 Global Frost & Sullivan Award for Technology Innovation Leadership. Merus Power is rapidly gaining a reputation as a provider of power quality technologies that improve energy and cost-efficiency, lower environmental impact, and ensure high levels of safety and connection security. These exceptional advantages enable industrial facilities to run their operations smoothly and eventually realize their full profit potential.
Acknowledging the importance of offering cost-efficiency in the modern power application systems market, Merus Power makes strong efforts to deliver tailored and sophisticated solutions that enhance productivity and capacity, thereby reducing overall energy costs. It also addresses a range of power quality challenges, such as voltage and current distortion or unbalances, flicker, total reactive power, and short and long interruptions. The technology is proving ideal for a variety of markets including oil and gas, mining, steel, textiles, data centers, hospitals, and commercial facilities.
The company leverages cutting-edge technologies to develop products and services such as:
- STATCOM—A solution specially for heavy industries that ensures continuous power stability.
- Static Var Compensator (SVC)—A solution that improves power quality and supports productivity and transmission capacity enhancement for different utilities.
- Active Harmonic Filters A2-series—A solution based on three-level topology for power quality applications. It boasts the fastest response, least losses, and low audible noise. It is available as a small module ready for cubicle installation.
- Uninterrupted Power Quality (UPQ)—A dual-functionality solution that guarantees uninterrupted power supply and excellent power quality. Its design is flexible enough to connect with any battery energy storage and can integrate renewable energy sources such as solar power to the reliable microgrid.
"Merus Power's UPQ solution can work as a grid inverter and, simultaneously, protect critical processes," said Frost & Sullivan Senior Research Analyst, Avimanyu Basu. "Its functionality helps maintain power quality in the microgrid network and improves the resilience and reliability of the power grid. UPQ can flexibly use any type of energy storage, such as battery or ultra-capacitor technology, and connect to renewable energy sources to provide environment-friendly features and low total cost of ownership."
Due to its global geographical market coverage and deep expertise, Merus Power is a name to reckon with in the market. In a short time, it delivered various industrial and commercial building applications to 33 countries. It earned numerous references and repeat business all over the world due to the outstanding quality of products and technical service. Some of its top-tier clients include Belfast Telegraph, Kibali gold mine in Democratic Republic of Congo, and De Beers.
"To continue building its brand equity, Merus Power focuses on strategic communication with partners, investors, and media, helping educate them about power quality applications," noted Basu. "The company sees great potential for changes in the industry, mainly driven by regulatory power quality standards and therefore, works intensively on new products to make the most of these market opportunities."
Each year, Frost & Sullivan presents this award to the company that demonstrated uniqueness in developing and leveraging new technologies, which significantly impacts both the functionality and the customer value of the new products and applications. The award lauds the high R&D spend towards innovation, its relevance to the industry, and the positive impact on brand perception.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.
About Merus Power
Merus Power offers world leading power quality solutions for active harmonic filtering, dynamic reactive power compensation and power protection. With our solutions our customers are able to increase productivity, guarantee reliability, save energy and reduce energy costs – all enabled by better power quality. Our solutions portfolio includes active harmonic filters, STATCOM's, SVC's and UPQ's. For more information, you may contact Kari Tuomala- Managing Director +358 20 735 4321, +358 20 7354 320, or visit www.meruspower.fi
About Frost & Sullivan
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SOURCE Frost & Sullivan