Arista Power Inc. Stock Analysis ASPW

Arista Power, Inc. engages in developing, manufacturing, and supplying of custom-designed renewable power solutions. The company is headquartered in Rochester, New York. The company went IPO on 2009-11-16. The firm provides solutions in power management systems, renewable energy storage systems, WindTamer wind turbines, and a supplier and designer of solar energy systems. The Company’s products include Power on Demand system and Solar PV systems. The Company’s Power on Demand system is an energy storage and management system that lowers a customer’s peak electricity demand, thereby reducing the customer’s electricity costs. The Company’s Power on Demand system utilizes inputs from multiple energy sources, including wind, solar, fuel cells and the grid in conjunction with a custom-designed battery storage system. Its renewable power station (RPS) is comprised of five components: solar photovoltaic (PV) energy generation, wind energy generation, energy storage, alternating current (AC)/ direct current (DC) power distribution and controls/integration.