Solar+Storage, Energy

Polar Power Launches New Line of Mobile Electric Vehicle Chargers

Polar Power Launches New

Polar Power Inc. a global provider of prime, backup and solar hybrid DC power solutions, announced it is now taking advance orders for its new line of mobile Combined Charging System (“CCS”) Electric Vehicle (“EV”) chargers, which are expected to be available before the end of the first quarter of 2024. Mobile EV chargers are used for emergency roadside service providing a fast-charging solution for EVs that have run out of charge before reaching a stationary charging facility. The goal is not to fully charge the vehicle but place a sufficient charge allowing the vehicle to proceed to the nearest charging station; this being analogous to the can of gasoline provided to stranded motorists.

Polar is currently upgrading its mobile CHAdeMO EV chargers to the universal CCS standard to meet the larger market opportunity. Because of the supply chain shortages and long delivery of engines and electronics, Polar is taking orders for shipments starting in the first quarter of 2024.

Since 2011 Polar has sold its CHAdeMO chargers to most of the major U.S. automakers for fast charging their EVs during field testing. The performance advantage Polar provided to mobile EV charging was a significant reduction in the charging system's size, weight, fuel consumption (for both the charger and vehicle transporting the charger), and system cost. Using the Polar system, a complete charging system can be deployed on the back of a small pickup truck relative to alternative solutions requiring a large trailer towed by a truck or tractor/trailer. The Polar mobile EV charger technology is DC based and is less than half the weight and size of an AC generator coupled to an AC to DC charger.

The other alternate solution to an EV running out of power on the road is a flatbed truck to transport the vehicle to the nearest charging station. This is a cumbersome solution requiring a considerable time to load the EV, transport it, and unload it at the charging station. In aggregate, this can take hours and to exacerbate the situation, in many cities, there is a long wait for flatbed truck availability. Using a mobile EV charger allows a small van or pickup truck to perform a 15-to-30-minute charge (about the same time required to only load the vehicle on to the flatbed truck) allowing the motorist to drive to a charging station, which is a substantially more elegant and cost-effective solution. In fact, the Polar EV chargers are small enough to be installed on tow trucks / wreckers or on a small pickup or van. Polar expects this will substantially accelerate the establishments of fleets to serve the fast-growing EV market.

The first sizes to ship will be 15 kW and 30 kW using either propane, natural gas, or diesel. Polar's next generation of DC alternators, its 9000 series, is in test with 50 kW charging output. These chargers are expected to be available in the second quarter of 2024.

Mr. Arthur D. Sams, CEO of the Company, comments, "There is a large number of gas stations in our cities and highways with short lines where it takes only minutes to refuel yet there are still a substantial number of drivers that run out of fuel," said Polar Power CEO Arthur Sams. "I am intimately familiar with the challenges as an EV owner myself for the past 8 years and I know that keeping a charge in your vehicle requires an extra effort. There have been many times that I arrived at the charging station with less than 5 miles of charge remaining in the vehicle and I expect this is a familiar comment from many EV owners".

"One factor causing EVs to run out of charge is commonly referred to as phantom discharge or vampire drain; EV owners can experience continued battery discharge while the vehicle is parked. My EV loses up to 10 miles a day while my car is parked at the airport, so I must make sure there is sufficient charge to manage the time away from the vehicle and the charge needed to get home. The factors causing phantom discharge vary from EV to EV, including preconditioning and temperature regulation of the battery and cabin interior, security cameras, charging the onboard 12 Vdc battery, and miscellaneous apps. As soon as I figure out the setting to reduce my phantom discharges, a software update comes along and seems to switch them on again. In addition to the EV owners’ needs for mobile charging there are the needs of EV manufacturers, transportation logistics, and dealer sales lots. When the automotive manufacturing plant ships an EV there can be problems with dead batteries due to long storage and transportation time, mobile chargers are needed at the docks, storage yards, and the dealerships. Fleet vehicle operators need mobile chargers to maintain and service their fleet.

Mr. Sams concluded, "Many EV owners are burdened with range anxiety, and we can provide a cost-effective and easily accessible solution to give owners greater comfort through emergency on-road charging solutions using our power technology platform. The incumbent solution frequently leads to bad experiences for EV owners who have faced very long waits for a flatbed truck to haul their EV to a charging station, keeping in mind that most EVs are not even towable with standard tow trucks. Overall, we see this as a substantial market opportunity for us by providing the enabling technology to solve this real-world problem that will only become more prevalent with the proliferation of EVs.

We believe supplying each city in the USA with just one mobile EV charger represents a huge market potential."

About Polar Power, Inc.

Gardena, California-based Polar Power, Inc. designs, manufactures, and sells direct current, or DC, power systems, lithium battery powered hybrid solar systems for applications in the telecommunications market and, in other markets, including military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply. Within the telecommunications market, Polar's systems provide reliable and low-cost energy for applications for off-grid and bad-grid applications with critical power needs that cannot be without power in the event of utility grid failure.

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Greenwood Sustainable Infrastructure (GSI)-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

PR Newswire | January 25, 2024

Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced that Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean Man First Nation, has been awarded a Power Purchase Agreement (PPA) to construct and operate a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada. Developed in partnership with Ocean Man First Nation, the project will be one of Canada's top 10 solar facilities by size. Under an exclusive PPA, the largest with a utility in Canada since 2015, Iyuhána plans to invest approximately $200 million (CDN) to construct the solar facility, which it will operate, supplying generated power to the principal municipal utility company, SaskPower, for 25 years. Located in the Rural Municipality of Estevan in southeast Saskatchewan, this emissions-free solar facility will produce enough power for the equivalent of approximately 25,000 homes. "We are proud to bring the transformative power of solar energy to Saskatchewan by working with partners such as Ocean Man First Nation," said Mazen Turk, CEO of GSI. "This unique collaboration shows the power of renewable energy to harness resources and empower communities responsibly. This work is core to our ethos as a Libra company, and we look forward to continuing to help support a clean energy future across Canada and beyond." As a founding partner, Ocean Man First Nation will have an ownership stake in Iyuhána Solar. Band members will also receive specialized training to maintain the solar facilities and employment opportunities with the project. Additionally, partnering with two of Saskatchewan's leading post-secondary academic institutions, Iyuhána will provide scholarships, internships, and direct research projects in clean energy to benefit the community. "Our partnership with GSI and SaskPower will bring great opportunities for Ocean Man First Nation, including employment and revenue that will provide stability and sustainability for our Band," said Chief Connie Big Eagle, Ocean Man First Nation. "We are proud that this project, which is able to generate clean power, will be known as Iyuhána Solar, which, in Nakotah translates to 'everyone' or 'all of us.' This is derived from our Nakotah belief that everyone and everything is related and therefore we must care for each other." While investment in renewable energy grows across Canada, Saskatchewan's clean power supply mix has predominantly consisted of hydro and wind. This is the first of many planned solar projects in the province; by 2035, SaskPower plans to support approximately 3000 MW of new renewable energy capacity in the region. "This new solar facility will play an important role in our path to net-zero by 2050 or sooner," said Rupen Pandya, SaskPower President and CEO. "We are proud of our ongoing collaboration with Indigenous peoples and the critical role they are playing in the successful expansion of renewable energy in our province." GSI is one of four renewable energy subsidiaries of Libra Group, a privately owned, global business group that encompasses 20 businesses in six sectors, including renewable energy, maritime, aerospace and more. The Group's renewable energy portfolio encompasses approximately 3.5 gigawatts (GW) of projects owned, developed, or pending development in 10 countries, including solar, wind, battery storage, and waste-to energy projects. This is the second partnership with an indigenous community led by a Libra Group subsidiary. "Libra Group is proud of this novel partnership, which has come together through shared values and a commitment to driving economic growth and positive outcomes for communities," said Libra Group's CEO Manos Kouligkas. "Sustainability is core to our global business, and we look forward to continuing to leverage synergies across our six sectors in 60 countries with agility and impact." Last year, GSI acquired Saturn Power Inc.'s solar and battery development portfolios, including its team of seasoned developers and an approximate 1.4-gigawatt (GW) pipeline of early- to late-stage solar and energy storage projects. Today, GSI has a footprint across Canada and in 12 U.S. states. About Greenwood Sustainable Infrastructure Greenwood Sustainable Infrastructure (GSI) is one of the clean energy subsidiaries of Libra Group. GSI is a renewable energy company focused on the development, construction, and operation of distributed generation and utility-scale solar energy and battery storage projects in North America. As of January 2024, the company developed approximately 388 MW DC across 71 renewable energy projects, many of which are still owned or operated by GSI and have an additional project pipeline of 1.6 GW. GSI's seasoned team has a proven track record of investing in power assets and partnering with multiple top-tiered investors. For more information on Greenwood Sustainable Infrastructure (GSI), visit: http://www.greenwoodinfra.com/ About Ocean Man First Nation The Ocean Man First Nation is a Nakota, Cree, and Saulteaux Band Government in southeast Saskatchewan. OMFN is led by Chief Connie Big Eagle & Council and features a population of 565 members. Ocean Man First Nation created a renewable energy company in 2019 called Second Wind Power. The name Second Wind Power reflects Ocean Man First Nation's history of relocating, re-establishing and starting over as a new community since 1989. About Libra Group Libra Group is a privately owned, global business group encompassing 20 businesses predominately focused on aerospace, renewable energy, maritime, real estate, hospitality, and diversified investments. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale.

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