Powin Partners with Hitachi Energy for Majority Stake in EKS, Enhancing Energy Management Solutions and Market Reach.

Energy storage company Powin has announced a partnership with Hitachi Energy, a global technology provider, to take majority ownership in eks Energy (EKS), a power electronics and energy management solutions provider. As part of the transaction, Powin retains a significant minority ownership in EKS and will remain actively involved in product development and marketing activities. EKS will now have access to Hitachi’s advanced engineering and control capabilities, expanded market reach, and supply chain leverage. The partnership is expected to lead to joint marketing efforts, integration of EKS technologies into Powin’s product roadmap, and inclusion of Powin’s batteries in Hitachi’�s energy solution projects.