Powin

The Power of Innovation

General Information
Company Name
Powin
Founded Year
2010
Location (Offices)
+2
Founders / Decision Makers
Number of Employees
533
Industries
Energy, Manufacturing, Renewable Energy +2
Funding Stage
Private Equity
Social Media

Powin - Company Profile

Powin is a global leader in cost-effective, safe, and scalable energy storage systems. The company's flagship product, the Powin Stack™ and StackOS™ energy storage platform, is designed for utility-scale, commercial and industrial, and microgrid applications. With a modular architecture and streamlined installation process, Powin's Stack hardware allows for efficient scaling from MWhs to GWh scale. Headquartered in Greater Portland, Oregon, Powin has a strong industry presence and offers large-scale energy storage systems crucial for the development of a flexible and reliable grid. The company's holistic business model, spanning from battery cell procurement through project operation, enables full integration, cost management, quality control, and supply chain certainty. Founded in 2010, Powin has installed or delivered over 2.5 GWh of energy storage projects and is on track to exceed 10 GWh by 2023. The latest $135.00M Private Equity Round investment on 14 July 2022 brought in notable investors such as GIC, Energy Impact Partners, and Trilantic North America, further affirming Powin's strong position in the market. For further details, visit Powin's website.

Taxonomy: energy storage systems, utility-scale, commercial and industrial, microgrid applications, battery management systems, battery packs, battery cell procurement, energy management system, scalable energy storage, reliable grid, contract manufacturing, OEM parts

Funding Rounds & Investors of Powin (3)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round $135.00M 3 14 Jul 2022
Private Equity Round Unknown 2 04 Feb 2021
Venture Round $25.00M 1 Shunfeng Photovoltaic 08 Aug 2014

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