Powin completed the acquisition of EKS Energy.

Powin, an energy storage platform provider, completed the acquisition of EKS Energy, a provider of advanced power electronics and energy management solutions for energy storage and renewables. Financial terms were not disclosed. “The EKS acquisition will give us direct access to an industry-leading team, their power conversion technology, advanced controls, and decade’s worth of experience; enabling Powin to offer a fully wrapped solution to further enhance the customer experience. This landmark deal accelerates our mission to building the grid of the future by delivering safe, scalable and integrated storage solutions,” Geoff Brown, Powin CEO.