Trilantic North America and Energy Impact Partners provided the capital for the Shunfeng Photovoltaic-backed energy storage technology producer.
Powin Energy, a US-based battery storage system provider backed by solar module producer Shunfeng Photovoltaic International, has secured more than $100m in funding, Greentech Media has reported.
Private equity firm Trilantic North America and investment firm Energy Impact Partners (EIP) provided the funding, taking a controlling interest in the process.
Powin provides modular battery systems for grid-scale storage, helping to make renewable energy more reliable for general energy use. It has so far built out more than 600 MWh of…
