Powin Energy

Powin LLC is a global energy storage platform provider based in Portland, Oregon. The company specializes in the development and supply of energy storage systems (ESS), both in terms of software and hardware. Their primary offering is a product called StackOS™, a highly advanced battery management system designed for large-scale, stationary energy storage applications. This system combines both Energy Management System (EMS) and Battery Management System (BMS) functionalities, providing customers with unprecedented visibility and control over their energy storage systems, down to the cell level.

Powin serves a broad range of clients, including utility companies and other businesses that require large-scale energy storage solutions. The company operates in the global energy storage market, which is rapidly growing due to increasing demand for renewable energy sources and the need for efficient energy storage solutions.

The company's business model revolves around the development, production, and sale of their energy storage systems. They generate revenue through the sale of these systems to their clients. In addition, Powin has recently secured a $135 million growth equity investment, which will be used to support the company's continued growth and international expansion.

Recently, Powin has entered into a strategic alliance with Hitachi Energy, a global powerhouse in the energy sector. This partnership aims to expand energy storage offerings, with Hitachi Energy acquiring a majority stake in eks Energy.

In summary, Powin is a leading player in the energy storage market, with a strong track record of safe and reliable hardware operations, and a promising future backed by strategic partnerships and significant capital investment.

Keywords: Energy Storage, Battery Management System, Energy Management System, StackOS™, Utility-Scale Energy Storage, Safe Hardware Operations, Strategic Partnerships, Growth Equity Investment, Global Market, Renewable Energy.