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Energy Storage

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Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

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 Powin’s working capital needs, driving continued innovation, and further enhancing
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Enercap Holdings and Apex Investments in Joint Venture to Build the World’s Largest Supercap Energy Storage Capacity

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
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Eaton launches xStorage Hybrid its new energy storage product for residential and light commercial buildings

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,