Powin logo — The Power of Innovation

Powin

The Power of Innovation

Founded 2010 127 employees Debt Financing Total: $160.00M Energy, Manufacturing +3

General Information

Company Name Powin
Founded Year 2010
Employees 127
Industries Energy, Manufacturing, Renewable Energy +2
Funding Stage Debt Financing
Business Model B2B, SaaS, Platform
Revenue Model Product Sales, Subscription, Project Based
Social

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About Powin

Powin, founded in 2010, stands at the forefront of the energy storage industry. Known for its slogan, "The Power of Innovation", the company excels in providing cutting-edge solutions to mitigate the economic and environmental impacts of climate change. Specializing in transforming energy generation and distribution, Powin has successfully deployed or is constructing over 17,000 MWh of energy storage systems globally.

Operating in industries like Energy, Manufacturing, Renewable Energy, Semiconductor, and Energy Storage, Powin delivers cost-effective and high-value solutions for utility, commercial, industrial, and microgrid applications. The company's robust supply chain management enhances its competitive edge by ensuring reliability and efficiency.

In its recent growth trajectory, Powin secured a Debt Financing investment on 02 October 2024. Though details of the investors remain undisclosed, this investment underscores the company's strong positioning and appeal within the renewable energy sector.

Business keywords: Energy Storage Systems, Battery Management Systems, Utility Applications, Microgrid Applications, Commercial and Industrial Energy Solutions, Energy Storage Technology, Portable Power Applications, Electric Vehicle Power Supplies, Telecommunications Energy Solutions, Battery Cell Procurement, Energy Management Systems, Stationary Power Solutions, Emergency Services Energy Solutions

Services & Products

Battery energy storage system design and integration
Spare parts inventory management
Energy management software development
Remote monitoring and operations
Performance assessments
Controls and software optimization
24/7 Remote Operations Center support

Target Customers

Utilities Developers Independent Power Producers (IPPs) Former Powin customers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed -
02 Oct 2024
Private Equity Round $135.00M 3
GIC, Energy Impact Partners +1
14 Jul 2022
Private Equity Round Undisclosed 2
Energy Impact Partners, Trilantic North America
04 Feb 2021
Venture Round $25.00M 1
Shunfeng Photovoltaic
08 Aug 2014

Powin Alternatives & Competitors

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Powin vs

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Powin vs
Teplore
Teplore China

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Powin vs
Alumina Energy LLC
Alumina Energy LLC United States

US based developer of energy storage systems for distributed and utility energy generation systems.

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FAQ About Powin

The Power of Innovation
Powin was founded in 2010.
Powin operates in Energy, Manufacturing, Renewable Energy, Semiconductor and Energy Storage. Its work centres on Energy Storage Systems, Battery Management Systems, Utility Applications and Microgrid Applications. Its customers include Utilities, Developers and Independent Power Producers (IPPs).
Powin has a B2B, SaaS and Platform business model. Its revenue comes from Product Sales, Subscription and Project Based.
Powin has approximately 127 employees.
Powin has completed 4 funding rounds, raising a total of $160.00M. The latest funding stage is Debt Financing.
Powin offers: Battery energy storage system design and integration, Spare parts inventory management, Energy management software development, Remote monitoring and operations, Performance assessments, Controls and software optimization, 24/7 Remote Operations Center support.
Top alternatives and competitors to Powin include HiTHIUM Energy Storage, Teplore, Alumina Energy LLC, Canadian Solar Inc., H2SYS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Powin and HiTHIUM Energy Storage are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Powin, https://bouncewatch.com/company/powin, updated 27 May 2026. When citing, please name BounceWatch and link this page.

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