FlexGen Power Systems, LLC, a leading provider of energy storage technology, has announced the acquisition of key assets and intellectual property from Powin. The move significantly expands FlexGen’s role in the fast-growing battery energy storage sector, with the company now supporting more than 25 gigawatt-hours (GWh) of storage systems across over 200 sites in 10 countries.
The acquisition includes the integration of Powin’s technology and talent, as several former Powin employees have joined FlexGen to ensure operational continuity and maintain technical expertise. According to FlexGen, existing Powin customers will continue to receive uninterrupted support and will have the option to upgrade systems through FlexGen’s HybridOS® platform and lifecycle services.
Kelcy Pegler, CEO of FlexGen, underscored the strategic importance of the acquisition. “Batteries are critical to meeting the world’s growing demand for affordable, reliable electricity. This is more than an acquisition – it’s a reflection of FlexGen’s commitment to immediate continuity and the future of grid-scale storage,” Pegler said. He added that FlexGen’s hardware-agnostic software, focus on innovation, and operational track record will allow the company to maximize the value of the Powin assets while supporting global grid reliability.
Powin CEO Brian Kane also expressed confidence in the transition. “The goal was to ensure that those systems and customers are supported by an industry leader that provides the services enabling reliable, long-term operation,” Kane said. “Based on their experience and reputation, and having collaborated with their team in recent days, we have full confidence that FlexGen is that leader.”
With the acquisition, FlexGen strengthens its position as a global player in grid-scale storage. Its HybridOS® platform, known for being hardware-agnostic, allows for flexible deployment models, advanced performance analytics, and enhanced operational control, regardless of underlying hardware.
Industry observers note that the move comes at a time when energy systems worldwide are under pressure to deliver resilient, reliable, and sustainable power solutions, further cementing FlexGen’s role in the global energy transition.
