PowerFlex’s patented technology was incubated out of Steven Low’s NetLab research laboratory at the California Institute of Technology (Caltech). Founded by technologists with entrepreneurial experience to develop, deploy and manage industry-leading large-scale EV charging systems based on advanced algorithmic research at Caltech.
The optimization algorithms and methods were the outgrowth of a broad research program supported by grants from a variety of sources, including the National Science Foundation, ARPA-E, Department of Energy, Southern California Edison, California Energy Commission’s CalSEED program, Caltech’s Resnick Institute, Rothenberg Innovation Initiative, and the Wells Fargo Innovation Incubator at NREL.
PowerFlex has deployed some of the largest single-site EV charging deployments in the world thanks to their Adaptive Charging Network (ACN) technology. This system enables site hosts to maximize delivery of electricity to EVs while reducing or eliminating the need for costly utility upgrades by managing charging depending on driver’s demand, building load, onsite generation, and other variables.
In September of 2019 EDF Renewables North America acquired PowerFlex Systems. Incorporating the PowerFlex technology alongside the Companies existing solar, storage, and energy management offering, they can provide building owners and facility managers with a single energy ecosystem where all assets work in concert to deliver clean, reliable, and affordable carbon-free power when and where it is needed.