Company Overview
Powin is a battery energy storage system provider founded in 2012 and headquartered in Portland, Oregon, designing and delivering large-scale battery storage solutions for utilities, grid operators, independent power producers, and large commercial customers. The company provides complete turnkey storage systems combining battery hardware, power conversion, thermal management, and its Stack OS software platform for system monitoring, optimization, and performance tracking. Powin has deployed over 6 gigawatt-hours of energy storage across projects in the US, Europe, and Asia Pacific, establishing itself as one of the leading independent BESS integrators in the market. The company is battery-agnostic and works with multiple cell manufacturers to optimize cost and performance for specific project requirements. Powin raised $150M in 2022 to scale operations and expand its manufacturing and project development capabilities. As renewable energy penetration on electricity grids increases, the demand for grid-scale storage to balance supply and demand is growing rapidly and Powin is positioned to capture significant share.
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