Powin Energy Raises $100M to Compete for Leadership in Grid Storage Market
By [email protected] Energy storage startup Powin Energy has raised more than $100 million in equity investment to compete with better-funded rivals in the large-scale grid battery market. Powin buys battery cells and hooks them up with proprietary software controls and ancillary equipment to produce full-fledged power plants. It competes in the upper echelons of the…