The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Powin picks Jabil to manufacture BESS in the US, starting in Q4 2023

LinkedIn
Twitter
Reddit
Facebook
Email

Global battery storage system integrator Powin has selected manufacturing firm Jabil Inc to produce its Stack750E utility-scale energy storage product in the US.

Jabil, which is based in Florida, will start producing Powin’s products in Q4 2023, starting with an annual capacity of 2GWh with plans to grow that to 4GWh.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

A spokesperson confirmed to Energy-Storage.news that it is the US facility that has been alluded to by executive VP Danny Lu and president Anthony Carroll in separate interviews. The deal won’t be large enough to cover Powin’s near-term US projects, however, due to the size of the company’s pipeline far exceeding it.

The company already produces its products in Mexico through a partnership with Celestica which started last year.

The announcement comes a week after the IRS released its rules for how clean energy projects in the US can benefit from a 10% ‘domestic content’ adder to the investment tax credit (ITC). The spokesperson would not confirm whether the Jabil agreement was dependent on those rules being clarified, but did reveal that the company waited 11 months to announce the deal after signing.

“We actually signed our contract in June 2022 and only announced it now because we were sorting through production details, logistics, etc. Powin had plans to invest in expanding our US capacity because it will help us better serve our customers, markets and support US job growth,” they said.

Stack750E is Powin’s lithium iron phosphate (LFP) modular grid-scale storage unit which the firm assembles into its Centipede platform.

The company has had a busy few weeks in terms of announcements. Last week it enlisted South Korea-based Ace Engineering to produce Stacks for a large project in Australia, while at the end of April it secured a 3GWh battery cell supply deal with Tier 2 OEM Rept Battero.

22 May 2024
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.
22 October 2024
New York, USA
Returning for its 11th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

Read Next

April 25, 2024
Morrow Batteries, one of several startups committed to producing lithium-ion batteries at gigawatt-hour scale from factories in Scandinavia, has secured a 5.5GWh offtake deal.  
April 24, 2024
The fifth edition of the DNV Battery Scorecard takes a deep dive into the performance and safety metrics of electric vehicle (EV) and energy storage system (ESS) battery cells.
April 24, 2024
The New York City Industrial Development Agency (NYCIDA) has approved five BESS projects while governor Kathy Hochul has announced groundbreaking on a sixth, all in all totalling around 42.5MW of capacity.
April 24, 2024
LG Energy Solution has said it will take a strong stance against those copying its technology following what it says is a surge in battery patent infringements, including in the ESS market.
Premium
April 23, 2024
The energy storage arm of Canadian Solar said the technology ‘has more complexity than solar’ when it comes to nearshoring manufacturing away from China, and local cell manufacturing could be part of the long-term strategy to leverage domestic content incentives.

Most Popular

Email Newsletter