German engineer Rainer Marquardt honoured for Lifetime Achievement at the European Inventor Award ceremony The European Patent Office recognised Professor Rainer Marquardt for developing the Modular Multilevel Converter, a breakthrough in power electronicsHis inventions opened the high-power range up to the gigawatts level for electronically controllable power conversion combined with highest efficiency and reliabilityThis technology is now the global standard, used in modern electricity grids,…