Indie Power Systems Microgrid Technology

Our Microgrid technology was internally designed from the ground up to provide everything required to manage a Microgrid. Owning all of the IP necessary to build a Microgrid system has enabled Indie Power Systems to become a one-stop-shop for a complete energy management solution. We design and manufacture each of the three basic components required to manage a Microgrid: 1) energy management software, 2) power electronics hardware, and 3) battery energy storage.

Below are images from the Indie Power Systems Microgrid at the Lamar Buffalo Ranch in Yellowstone National Park.
View a video of the history of this revolutionary Microgrid that integrates used Hybrid Electric Vehicle batteries for energy storage.
Click here for video

Our Team


Steve Tolen

Founder, President/CEO

Steve Tolen is an energy storage pioneer and visionary who concieved of blending electrons from different sources to optimize cost and performance. This concept resulted in Indie Power Systems' first of 6 granted patents. He began his professional career at Electronic Data Systems (EDS) where he served as assistant cash manager. He next served as VP and portfolio manager at Southwest Corporate, a bankers’ bank in Dallas where he managed a $1 billion investment portfolio and was responsible for credit and interest rate risk management for the company. Mr. Tolen authored the books Credit Union Asset/Liability Management Theory and Techniques and Credit Union Investment Strategies. He also served as a trainer for the National Credit Union Administration (NCUA) auditors. During this time he designed and programmed Credit Analysis and Asset/Liability Management software. In 1996 Tolen was named president of Indiana Corporate Federal Credit Union, a banker's bank for credit unions that was under regulatory supervision. Three years later, that institution earned a Bankwatch "A" rating. He then engineered the merger with an institution twice its size with his board retaining control of the resulting Mid-States Corporate Federal Credit Union. He left that position to found Symphony Bank and next founded Indy Power Systems LLC which is now Indie Power Systems Inc. Mr. Tolen serves as Chairman of the SAE International Secondary Battery Use Committee.


Harsh Vardhan

Senior Electrical Engineer

Harsh Vardhan was previously a research associate at the University of Texas at Dallas where he tested and validated DC-DC converters, designed Printed Circuit Boards, and designed and developed Processor-in-Loop testing systems.His previous position was Digital Design and Verification Engineer for Scalable Systems Research Labs where he worked on memory controllers for Hybrid Memory Cube, FPGA development and designed Advanced Encryption Standard (AES) encryption cores. His skill sets include multiple programming languages including C, C++, Java, JavaScript and others. He earned his Masters of Science in Electrical Engineering from the University of Texas at Dallas.


Corey Schoene

Electrical Engineer

Corey Schoene began his career as an intern at Indie Power Systems in 2014 and assists with the design and build of all hardware, including circuit boards, component sourcing, and the physical assembly of systems. Mr. Schoene possesses extensive electrical and mechanical design skills. Software expertise includes Autodesk Inventor and Altium, and Cadence OrCAD. His expertise also includes including soldering, welding, system assembly, testing, and battery pack characterization and assembly. Mr. Schoene has a Bachelors of Science degree in Electrical Engineering Technology from Purdue University.

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