April 13, 2022
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Merus Power’s power quality solutions receive Frost & Sullivan Award 2021 for Technology Innovation Leadership

Recognition for a powerful competitive advantage by enabling unique and complex power electronics applications.

Merus Power earns Frost & Sullivan’s 2021 Technology Innovation Leadership Award in the global power quality industry with its strong overall performance. Frost & Sullivan’s independent analysis of the global power quality market clearly shows Merus Power has a powerful competitive advantage by enabling unique and complex power electronics applications. A robust technology platform based on its innovative and ever-evolving Merus™ A2 inverter and controls along with an exclusive focus on power quality and energy storage and one of the industry’s most comprehensive product portfolios allows the company to compete with
Tier | vendors successfully. Merus Power’s high-quality product, unmatched customization capabilities, and high-level service have enabled it to grow and maintain a loyal base of channel partners and customers globally.

READ FULL AWARD REPORT


“Merus Power’s successful platform approach allowed the company to exhibit one of the market’s broadest power quality portfolios in a relatively short period of time. It also provides great advantages in terms of development and costs, supply chain, and stock management.”
– María Benintende, Principal Analyst

“With these types of products, there are no limits to innovation. We can support any type of functionality within the controller so that clients can make millions of things.”
– Pedro Esteban, Director, Asia-Pacific

Merus Power is a fast-growing green technology company that has expanded at a 30% compound annual growth rate (CAGR) during the past decade. Considering Merus Power’s superior power electronics, software expertise, and strong pipeline of new projects, Frost & Sullivan believes Merus Power will fulfill its ambition to become an €80 million company by 2026.


“I think it’s wonderful how a fairly small group of people from a town in Finland can produce technological solutions of such high quality and performance that can successfully compete with huge global companies across the world. I’m proud of my colleagues at Merus Power.”
– Markus Ovaskainen, Sales Director