“Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin.
Following the acquisition of a controlling stake by Hitachi Energy, Powin retains a “significant ownership stake” in the Seville-headquartered inverter and power conversion system (PCS) manufacturer. The pair have formed a strategic partnership with a view to developing PCS products for the energy storage market together.”
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Colthorpe, Andy. Energy Storage News 24 October 2023.