Powin Energy Adds to Executive Leadership with Stuart Statman

Powin Energy, a leading next generation provider of fully integrated energy storage solutions for utility, commercial and industrial, and microgrid applications, announced that Stuart (Stu) Statman will be the company's new head of product and engineering. Mr. Statman will lead Powin in every aspect of product development from initial strategy to customer delivery while assuring exceptional quality and technological capabilities. 

Powin Energy will be exhibiting in booth #1435 at the upcoming Solar Power International (SPI) conference September 10-13 in Las Vegas, Nevada.

"Stu is very highly respected in the distributed generation and energy storage space and we're excited about the level of engineering expertise he will bring to our next generation of products," said Geoffrey Brown, president of Powin Energy. "His track record speaks for itself, having spearheaded the design and production of the first lithium-ion energy storage project to be approved in New York City and leading the creation of the world's largest virtual power plant in Australia. At Powin, we expect he'll to be able to use his big data proficiency to enhance our award-winning technology and help us transition from project development to focusing on providing market-leading energy storage products and services for our customers." 

Prior to joining Powin, Statman was the senior vice president of technology (and first employee) for Sunverge Energy. His key achievements included: leading the engineering of the most advanced integrated energy storage platform in the industry; heading development of the 5 MW virtual power plant (VPP) in Adelaide, Australia; and the integration of multiple battery component and inverter technologies to create a broad product line with an aggregate product and service uptime across 600 different sites of greater than 98%. He is also a veteran of multiple startups including: Slam Media (as a founder), CloudReactor (as a founder), the Boeing-funded startup Kovatis, and Keas. Earlier in his career, Statman led RealNetworks' Rhapsody Direct Services from product design to deployment as it became the framework for Verizon's V CAST Music, Yahoo Music, and Rhapsody and handled millions of data points per minute.

"I'm excited to work with Powin's impressive battery storage technology and looking forward to the opportunity to extend its capabilities while delivering a low cost, high-power platform to the market," said Statman. "The energy storage industry is growing rapidly, but is still nowhere close to its potential. This company's leadership has a unique and infectious vision for how to achieve 100% renewables penetration and it's something I'm proud to be a part of."

Powin Energy's Stack140 is a modular, purpose-built 140 kWh battery array that easily and cost-effectively scales from 125 kW to multiple megawatt applications. It is available in both indoor and NEMA 3R outdoor models, each of which is engineered to maximize energy density and minimize system footprint. All Stack140 systems are operated by Powin's proprietary bp-OS software that includes the industry-exclusive Battery Odometer and Warranty Trackerâ„¢. Powin's supply chain expertise, modular design, and software proficiency streamline installation and make integrating energy storage into projects pain free.

Powin Energy | www.powinenergy.com