As 2024 draws to a close, we’re excited to share Powin’s most impactful moments from the past year in our first-ever “Powin Wrapped.” From groundbreaking deployments to industry accolades and financial milestones, we’ve continued driving the global transition to clean, reliable energy. Here are some highlights from our journey:
GLOBAL IMPACT
- 1+ TWh of clean energy discharged since 2020. That’s enough to power 34,482,759 homes daily or charge over 50 billion smartphones!
- 17+ GWh of energy storage projects deployed and under construction.
PRODUCTION MILESTONES
- 7 GWh of hardware produced, marking a significant ramp-up in manufacturing capabilities to meet surging global demand.
- 12,839 battery segments delivered to sites worldwide, enabling critical energy projects that drive progress toward net-zero emissions.
- 950 Stacks (230P/360E) built, ensuring scalable and efficient energy storage solutions.
DEPLOYMENT ACHIEVEMENTS
Our top five projects of 2024 include:
- Waratah Super Battery – Located at the former Munmorrah Power Station in New South Wales, Australia, this project will be one of the world’s most powerful batteries. It serves as a buffer against sudden power disruptions, enhancing grid stability for over 8 million residents in Sydney and surrounding areas.
- Trenton Channel Energy Center – Transforming a former coal power plant site in Michigan, this project will deliver zero-emission power to approximately 40,000 homes while supporting local economic development.
- Ravenswood Microgrid – Situated in West Virginia, this microgrid will provide critical resilience and off-grid capabilities, supplying sustainable power and enhancing energy reliability in one of the world’s largest urban centers.
- Sunstreams – Located in Arizona, this project supports the state’s shift toward renewable energy by balancing intermittent solar energy and ensuring a resilient grid.
- Arrow Canyon – Demonstrating cutting-edge battery storage technology at the 2024 Super Bowl, showcasing real-time energy management under high-demand conditions.
FINANCIAL GROWTH & INDUSTRY RECOGNITION
- Secured $200M in debt capital from KKR, boosting our ability to scale projects and invest in next-generation technologies.
- Named one of TIME’s 100 Most Influential Companies — a recognition that reflects the collective dedication of our team and partners.
- Recognized as a Top 4 System Integrator Globally and Top 3 in the U.S. by S&P Global Commodity Insights.
As we reflect on this transformative year, we’re energized by what lies ahead. Thank you to our partners, customers, and team members who power our journey. Together, we’re advancing the next frontier of energy — ensuring access to clean, resilient, and affordable power for all.
Here’s to an even brighter 2025!
