Polar Power Inc.

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Polar Power Completes Installation of UNHCR Nigeria Contract Microgrid Installation Anticipated to Reduce Fuel Costs by up to 70% with Excellent Follow-on Opportunity at other UN sites GARDENA, CA – October 9, 2024 – Polar Power, Inc. (NASDAQ: POLA)(“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions announces that its DC generator, solar PV inverters, batteries, and controls were seamlessly integrated and installed at a United Nations High Command for Refugees (“UNHCR”) facility in Nigeria. Assisting Polar Power on this project were Leonics Ltd. (supplying inverters and lithium batteries), Biohenry Ltd. (providing installation and maintenance services), and the Greening and Sustainability Team at UNHCR. Polar Power’s unique “microgrid” power system for grid connected application ensures continuous power for critical operations during blackouts and can also reduce the utility cost when installed with the solar option. During frequent and long duration outages, this microgrid can provide businesses with the necessary continuity by providing continuous power to refrigeration, computers, lighting, water pumping, and communications equipment. Arthur Sams, Polar Power’s CEO, commented, “Polar Power has delivered one of the best solutions at around half the cost of other bidders proposing lesser systems. Besides the huge fuel savings from up to a 70% reduction in diesel, another advantage of Polar Power’s online uninterruptable power supply (UPS) with the DC generator and solar PV array is the complete shielding of application loads from the grid’s power fluctuations and interruptions. Lastly, the solar PV array is designed to operate efficiently with a small footprint, providing additional installation and operating benefits, especially in remote areas. These advantages from our microgrid solution collectively present huge operating cost savings and reliability improvement.” While the UNHCR facility in Nigeria will continue to benefit from this innovative power solution that simultaneously significantly reduces generator maintenance, fuel cost, and the utility bill, Polar Power looks forward to future collaborations and projects that can provide sustainable and reliable energy to regions that need it most. This microgrid technology platform is designed to solve many of the power generation problems that other worldwide organizations, including FEMA (Federal Emergency Management Agency in the U.S., may encounter during storms and disasters by providing fuel resupply, generator maintenance, and remote equipment monitoring. For more information, please visit www.polarpower.com or follow Polar Power on https://lnkd.in/dyMMG5xG

Polar Power has recently taken remarkable strides - using 2 decades of insight & experience - in enhancing 1. safety 2. noise reduction 3. control & monitoring 4. TCO & ROI Over the next few weeks, we will publish a series of posts here, commencing with NOISE REDUCTION: Polar’s Multi-Layer generator enclosure panels are a standout innovation, offering a unique level of fire safety and noise reduction. For a video demonstration in English, please follow this link: https://lnkd.in/dkjgMGbC For a video demonstration in Spanish, please follow this link: https://lnkd.in/dUHkaT4D These panels are standard on our Propane/LPG and natural gas vertical generator enclosures and by Q4, they will be integrated into both Horizontal and Vertical DC Generators across all fuel types. Our Multi-Layer Panels, when placed on a standard UL-142 tank, can outperform the extremely costly UL-2085 cement-lined tanks. However, certification remains an issue. These videos will clarify any issues of installation restriction or fire safety. Please visit our web site as we are actively adding manuals, white papers and new products weekly.

Polar will be posting a series of videos on various aspects of our products in the upcoming weeks, including safety features, environmental considerations and ultra high efficiency. Here is the first in the series: fire containment and noise abatement https://lnkd.in/dkjgMGbC

Polar will be exhibiting at the following events over the next few weeks: 14 Aug - 15 Aug Northeast Propane Show 2024 DCU Center, 50 Foster St., Worcester MA 10 Oct- 14 Oct Annapolis Sailboat Show Booth D8 Annapolis City Dock 1 Dock Street, Annapolis, MD 18 Nov - 22 Nov LPG Week Cape Town 2024 Cape Town, South Africa Full details of each event, including Booth number and address are available via Polar event section here: https://lnkd.in/dK95_ye5

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Last week we meet with Congresswoman Barragan who is on various energy and environmental committees. We demonstrated the Toyota engine, for use in EV charging and nano grids, see https://lnkd.in/drdD9HgE

Digital Journal just published a Q&A with Arthur Sams, CEO Polar, entitled: Where is the Energy Sector Headed Next? Read Arthur’s insightful views on this right here: https://lnkd.in/escqC9uK