Wärtsilä ties up with Eve, Powin eyes 5GWh US supply by 2025

September 12, 2023
LinkedIn
Twitter
Reddit
Facebook
Email

System integrator Wärtsilä has signed an MSA with Eve Energy while peer Powin is targeting 5GWh of US-made BESS equipment in its supply chain by 2025.

Finland-headquartered Wärtsilä has signed a “large, multi-year supply agreement” (MSA) with Eve Energy, a lithium-ion battery cell supplier. It did not reveal the size of the deal, only saying it support its pipeline of energy storage projects exceeds 3.5GW/7GWh either awarded, contracted or in deployment globally.

“Our partnership with EVE Energy is one of several strategic measures Wärtsilä is taking to diversify and strengthen our supply chain in response to industry-wide disruptions over the last few years,” said Andrew Tang, vice-President of Energy Storage & Optimisation at Wärtsilä, in the announcement today (12 September).

In concurrent news, Oregon-headquartered system integrator Powin has said it intends to source 5GWh of US-made battery technology and components annually starting in 2025, though its announcement didn’t give much specific detail.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • 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

The company said it is collaborating with new contract manufacturers for the assembly and integration of Powin’s Stack750 Energy and Collection segments. It already signed up with US-based manufacturer Jabil for this earlier this year.

It also said it would be sourcing HVAC (Heating, Ventilation, and Air Conditioning) systems exclusively from US-based manufacturers.

Powin also said it is “taking decisive steps to shape the future of energy storage in America by securing supply agreements with key partners that are expanding manufacturing capabilities in Tennessee, Georgia, and South Carolina.”

It didn’t reveal what company or product that part of the announcement referred to. Microvast is expanding its Tennessee gigafactory in Q4 this year, Norway-based Freyr has chosen Georgia for its first US gifactory, while Turkey-based Pomega, which Energy-Storage.news interviewed earlier this year, is building a cell and ESS gigafactory in South Carolina.

Since the Inflation Reduction Act was passed a year ago, US$270 billion of US clean energy investment has been announced, much of it in upstream manufacturing, according to trade body the American Clean Power Association (ACP).

Our publisher Solar Media is hosting the10th Solar and Storage Finance USA conference, 7-8 November 2023 at the New Yorker Hotel, New York. Topics ranging from the Inflation Reduction Act to optimising asset revenues, the financing landscape in 2023 and much more will be discussed.See the official site for more details.

Read Next

Premium
November 21, 2025
The Community Development and Infrastructure Department at Santa Cruz County has become the latest California jurisdiction to publish a draft zoning ordinance regulating the deployment of battery energy storage systems. 
November 20, 2025
From the US, Maxwell Technologies is acquired for its third time, by Clarios, Fullmark Energy completes a tax credit transfer, and OATI partners with Colville Tribes on microgrid solutions.
November 20, 2025
A year since the implementation of the initial steps in EU Batteries Regulation went into effect and the impacts are already being seen, writes Nicholas Bellini of TÜV SÜD.
Premium
November 19, 2025
An energy storage agreement (ESA) between Toronto, Ontario-headquartered developer Hydrostor and California community choice aggregator (CCA) Central Coast Community Energy (3CE) is set to be amended for the third time. 
Premium
November 18, 2025
ESN Premium speaks with Mukesh Chatter of Alsym Energy about the potential advantages of sodium-ion energy storage.