Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm. The facility will be instrumental in supporting
Energy Storage
Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology we commonly see. The joint venture is set to meet exponential growth in
Intelligent power management company Eaton is bringing to market its new energy storage product, xStorage Hybrid, which is designed to simplify the energy transition in residential and light commercial buildings. Comprising a variety of single and multi-phase battery systems that can be combined with Eaton’s pre-wired distribution boards and power protection boxes,
Volts – first energy storage manufacturer in UAE starts 2024 by expanding its geographical presence with supplying a batch of energy storage systems in Lagos, Nigeria. 17 energy storages have been shipped to Nigeria and are ready to be installed at local sites. The customer is METSCO Company that will distribute energy storages in the […]