Princeton Power Systems earns big capital investment and new ISO certification

princeton-power-systemsPrinceton Power Systems (PPS), is a global designer and manufacturer of technology products and embedded software for energy storage, microgrid operations, and electric vehicle charging, and it must be doing something right as the company was just recognized by the International Organization for Standardization (ISO) for its process driven design and manufacturing through the designation of a ISO 9001:2008 Certification. The certification was received in December 2015.

The ISO 9001: 2008 certification indicates that the ISO acknowledges that PPS is meeting the ISO 9001:2008 standard for Quality Management Systems with their design, manufacturing and distribution of power inverters and energy storage systems. ISO certification is based on quality management principles that include a strong customer focus, motivation and implication of top management, process approach, continual improvement and review. The company’s quality policy maintains those principles by declaring that all employees must be committed to providing customers with empowering and innovative technology solutions. These goals are continuously met by providing world-class quality in products, services, and people.

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“Investing in the ISO certification is a direct response to customer demand for the highest quality products. We are very excited to have achieved this milestone in our efforts to drive continuous improvement in our company-wide culture of innovation and quality,” said Paul Heavener, director of quality assurance and project management at Princeton Power Systems. “As a pioneer in inverters and embedded software for energy storage, adopting and maintaining ISO certification enables our unique products to be deployed in mission-critical applications for enterprise customers.”

Princeton Power Systems also received a capital investment from GHO Ventures, which has had a sustained investment in Princeton over the past 15 years and has seen the company through its initial set of revenue milestones. This latest investment indicates continued long-term support for the company, its leadership and its products. Princeton will use this funding to develop new and improved products as well as expand the company’s sales capabilities. Special emphasis will be placed upon planned shipments of energy management systems using a new Silicon Carbide-based inverter platform that is quiet, more efficient and significantly smaller and lighter than existing models.

“GHO Ventures has been a loyal investor since our inception and we appreciate their confidence in our ability to outpace the competition by leveraging their investment commitment,” says Darren Hammell, president, Princeton Power Systems. “With this raise in capital from GHO, we have been given the opportunity to continue our role as an innovation flash point and demonstrate industry leadership.”

For more on Princeton Power Systems, head to their website.

— Solar Builder magazine

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