Oregon-based energy storage platform provider Powin LLC have announced an agreement with Florida-based manufacturing solutions provider Jabil to produce its Stack750 Centipede energy storage system (ESS). Starting in Q4 of 2023, Jabil will manufacture an initial 2GW capacity, subsequently rising to 4GW.
The collaboration is intended to address Powin’s expanding US customer base, reduce supply chain risk and support customers in meeting domestic content requirements resulting from the Inflation Reduction Act of 2022.
According to Wood Mackenzie, the US energy storage market installed a record 4.8 GW in 2022, with installation expected to reach 75GW between 2023-2027.
Powin states it selected Jabil due to a combination of the company’s high-level assembly techniques, deep energy storage prowess, and commitment to environmental health, social equity and sustainable practices. Powin’s COO, Stuart Bolland, said: “Jabil’s flexible business model enables Powin to scale quickly and efficiently to meet high industry growth.”
The Stack 750storage system is a 750KWh Direct Current lithium iron phosphate (LFP) battery that is judged to provide 2-4 hours of battery discharge over a cycle life of 7,300 cycles. Its calendar life is expected to be 20 years and the round-trip efficiency 93-95%, with the 4-hour discharge providing the higher efficiency. The company claim procurement and deployment times are reduced by 50%, space on site reduced by 30% and lifestyle cost reduced compared to other typical modular storage systems.