Powin Energy Corporation - Company Profile
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Powin Energy Corporation (Powin) is a provider of energy storage solutions. The company's main activities include the design, development, and deployment of energy storage systems. Its major products include the Powin Pod and Powin Pod Max, which are liquid-cooled energy storage systems, the Powin Stack, a modular battery enclosure, and the StackOS software for storage management. Powin offers services such as field service, guarantees, remote support, warranties, spare parts and repairs, and training. The company serves the utilities and independent power producers. It operates in the US. Powin is headquartered in Tualatin, Oregon, the US.
Powin Energy Corporation premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Powin Pod | Guarantees | Powin |
| Powin Pod Max | Field Service | Centipede |
| Powin Stack | Remote Support | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Regulatory Approval | In August, the company secured bankruptcy court approval to sell its substantial part of the business to FlexGen Power Systems LLC, an energy storage provider. |
| 2024 | Contracts/Agreements | In February, the company entered into an agreement with Pulse Clean Energy to deploy a 50 MW/110 MWh Battery Energy Storage System (BESS) on project Overhill. |
| 2023 | Contracts/Agreements | In August, the company along with Suntech Power and REPT Battero signed a landmark framework agreement with Vena Energy for the expansion of Indonesia’s renewable energy supply chain. |
Competitor Comparison
| Key Parameters | Powin Energy Corporation | Fluence Energy Inc | Stem Inc | LightSail Energy, Inc. | NEC Energy Solutions Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Tualatin | Arlington | Houston | Berkeley | Westborough |
| State/Province | Oregon | Virginia | Texas | California | Massachusetts |
| No. of Employees | - | 1,595 | 569 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeff Waters | Chief Executive Officer | Senior Management | - | - |
| Kevin Paprzycki | Chief Financial Officer | Senior Management | - | - |
| Himanshu Khurana | Chief Technology Officer | Senior Management | - | - |
| Brian Kane | Chief Projects Officer | Senior Management | - | - |
| Mark Babcock | Chief Revenue Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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