Powin’s battery packs for the European market will include a digital battery passport, accessible via a QR code.
The collaboration utilizes Circulor’s advanced traceability technology to monitor materials such as graphite, lithium, aluminum, steel, and copper, ensuring clear records of their origins and associated carbon emissions. This initiative supports responsible sourcing practices and aligns with regulatory requirements, including Europe’s Batteries Regulation and U.S. import standards, fostering trust in the supply chain.
Mike Wietecki, Powin’s Senior Vice-President of Regulatory Affairs, emphasized the importance of the partnership, stating: “The energy transition requires not only advanced technologies but also a firm commitment to responsible sourcing.” He added: “Partnering with Circulor enables us to deliver traceable, transparent energy storage solutions that align with global trade and sustainability standards. This is a pivotal step in building a more ethical and resilient supply chain for the clean energy future.”
For the European market, Powin’s battery packs will now feature a digital battery passport, accessible through a QR code, surpassing the requirements of Europe’s February 2027 battery passport deadline. This tool provides customers with detailed production data and real-time performance insights, enabling more effective maintenance and servicing of energy storage systems while promoting accountability in material sourcing.
Douglas Johnson-Poensgen, CEO and Founder of Circulor, highlighted the partnership’s broader impact, saying: “The BESS market is growing rapidly and it’s clear why — our power systems need the clean, firm power that batteries can deliver.” He further noted: “While we build out this portion of our energy portfolio, I’m thrilled that Circulor and Powin are showing that supply chain responsibility and circularity are of utmost importance, and achievable through transparency and traceability.”
In a related development, Powin secured a revolving credit facility of up to $200 million in October 2024, primarily from insurance accounts managed by investment firm KKR. This funding supports the company’s efforts to expand its energy storage initiatives, reinforcing its commitment to advancing sustainable energy solutions globally. The collaboration with Circulor and ongoing financial backing position Powin to meet growing demand for transparent and responsibly sourced energy storage systems.
