Powin Energy has signed framework agreements with four developers for 5.8GWh of battery storage solutions to be delivered in the 2022-2024 timeframe.
The Oregon, US-headquartered energy storage system integrator said yesterday that the systems would be deployed at multiple projects in the US and in Taiwan.
The company, which sources cells and other key components and assembles them into its manufactured battery energy storage system (BESS) solutions, would supply the undisclosed developers with full integrated systems.
Those would include the battery cells, battery management system (BMS), battery stacks, enclosures, cabling, transformers and inverters as well as software and controls system architecture.
Powin Energy builds its systems at multiple locations from its own factories as well as through manufacturing partners in China and Taiwan — deciding in 2020 to ramp up production capacity at facilities in the latter territory from 700MWh to 2.5GWh as a counterpoint to political and trade tensions between the US and China.
More recently, towards the beginning of this year, the company announced a ‘nearshoring’ deal to establish scaled production closer to its largely US customer base. Powin’s partnership with design, manufacture and supply chain specialist Celestica will see Powin units manufactured in Monterrey, Mexico.
The majority of the 5.8GWh supply announced yesterday would be manufactured at that site, the company claimed. They will also all be based on Powin’s recently-launched Centipede hardware platform.
Centipede enables the easy combination of multiple Powin Stack750E BESS units, with up to 200MWh of capacity able to be fitted into a single acre footprint. Even prior to the latest agreement, Powin had already logged more than 2GWh of orders for Centipede — equivalent to the amount of systems the company has deployed in its history to date — from a total contracted pipeline of 5GWh of orders.
If the new framework agreements solidify into solid order intake, Powin would commission the systems and provide long-term services from operations and maintenance (O&M), to augmentation and 20-year extended warranty support.
“With the significant strides that Powin has made as a company in the previous 12 months, these agreements signify that we have built a superior level of trust within the energy storage industry,” Powin CEO Geoff Brown said.
“These agreements are with some of the industry’s most well-respected developers with healthy pipelines of projects located near some of the largest power hubs throughout the American West and Northeast, as well as Asia.”
The company sources the majority of its lithium iron phosphate (LFP) battery cells from China, including through two large master supply agreements with CATL and EVE, but has said that it would like to see more dispersed production capacity closer to customer demand, especially in the US.
Powin Energy executive VP Danny Lu took part in our recent Year in Review 2021 interview blog series, offering more insights into the company’s strategies and how it views the energy storage market of today.