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"Powin Energy Enters Strategic Partnership with Oregon Tech"

Powin Energy, a wholly owned subsidiary of Powin Corporation (OTC QB: PWON), announced today it has entered a strategic partnership with the Oregon Institute of Technology (Oregon Tech) to provide battery testing equipment to Oregon Tech’s Wilsonville Campus, for use by students and faculty of the Renewable Energy Engineering program. The company will also initiate a student internship program with Oregon Tech.

Oregon Tech - OIT.edu

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Powin Energy, a wholly owned subsidiary of Powin Corporation (OTC QB: PWON), announced today it has entered a strategic partnership with the Oregon Institute of Technology (Oregon Tech) to provide battery testing equipment to Oregon Tech’s Wilsonville Campus, for use by students and faculty of the Renewable Energy Engineering program.  The company will also initiate a student internship program with Oregon Tech.

The addition of new equipment will complement capabilities of the Wilsonville lab and create state-of-the-art battery testing facility unique for Oregon. The Oregon Tech students will have an opportunity to conduct advanced experiments on batteries while earning senior project credits. The data from tests will be publically disseminated and will help provide needed technical information for companies that design and use battery products. 

“We are excited to initiate this collaborative project with Oregon Tech’s Renewable Energy Engineering program,” said Virgil Beaston, Chief Technology Officer at Powin Energy.  “The partnership will not only benefit Oregon Tech students in the renewable energy field, it will also provide us with valuable information about the performance of our own batteries, systems and technology.”

Beginning this month, the Oregon Tech team will conduct a series of tests on  lithium ion batteries provided by  Powin Energy aimed at evaluating the performance characteristics and predicting the cycle life of battery packs used in Powin Energy’s stationary energy storage system.  The testing is expected to produce valuable results that will be published by May 2013. 

Powin Energy has also committed to providing Oregon Tech internships under the U.S. Department of Energy Strategic Training and Education in Power Systems (STEPS) program.  These may include a full-time summer position for a Klamath Falls-based Embedded Systems student, or a part-time position for a Portland-based student. The program uses Electric Power Engineering Education Partnership

Program funds to support internships in the areas of generation, transmission and distribution of electrical power, energy storage, and design of related power electronic devices.

“In the years ahead, we also hope to explore research opportunities with Oregon Tech that will further the development of renewable energy and energy storage solutions in Oregon,” Beaston added.

 
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