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SMA signs 2-year agreement to supply Powin with battery inverters

November 29, 2022
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SMA signs 2-year agreement to supply Powin with battery inverters
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SMA America and U.S. battery specialist Powin signed a two-year framework settlement for the availability of SMA system options for a complete of two GW of storage capability in addition to for service work.

“We’re wanting ahead to a synergistic partnership on this development sector,” mentioned Jay Arghestani, VP of huge scale options at SMA America. “Powin and SMA each symbolize innovation and technical excellence and are dedicated to the growth of renewable power. We all know that Powin values the standard and reliability of SMA’s merchandise and options, and we’re assured that we’ll ship the appropriate options for future storage initiatives.”

Underneath the settlement, Powin has dedicated to putting in no less than 2 GW of storage capability with SMA options over the following few years. With the two-year settlement, the U.S. firm will profit from a predictable forecast for the following two to a few years, extra predictable pricing for SMA parts and thus extra certainty for mission planning. On the similar time, the settlement can be anticipated to enhance the corporate’s provide chain administration and supply the power to extra simply plan and scale initiatives.

“Our dedication to the U.S. market and to our clients is additional strengthened by our partnership with SMA, one of many world’s greatest producers of inverters,” mentioned Anthony Carroll, president of Powin. “The power storage market is getting into a brand new stage of transformative development and SMA will assist us meet the rising demand and supply our clients with extra flexibility in selecting their most popular energy conversion know-how.”

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