May 25, 2023: Powin said on May 23 it had selected Florida-based Jabil to produce its Stack750E utility-scale energy storage system product in the US.
Starting in the fourth quarter of 2023, Jabil is to produce an initial annual capacity of 2GWh, with plans to ramp up to 4GWh per year.
Powin said it selected Jabil based on factors that included the firm’s environmental health, social equity and sustainable practices.
Stuart Bolland, Powin’s COO, said the deal underlined its commitment to building a domestic energy storage supply chain.
The move will reduce supply chain risk and benefit Powin customers who can take advantage of incentives under the Inflation Reduction Act for buying US-content products, Powin said.