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.