Powin Energy gets US$100m+ towards ‘disrupting traditional cost structures of energy storage'

Energy storage system integrator Powin Energy has gained equity investment which the company claimed will allow it to significantly improve its integrated software and hardware platform. The Oregon-headquartered company has also sold its controlling interest to the two investment groups involved, Trilantic North America and Energy Impact Partners and obtained equity funding which a company representative told Energy-Storage.news is “in excess of US$100 million”.