EVO Power
EVO Power is an Australia-based energy storage technology company founded in 2019 that enables the electrification of large commercial and small utility projects through battery energy storage solutions. It partners with EVE Energy on 2.2GWh of utility-scale storage capacity in Australia.
- Company typePrivate
- Founded2019
- HeadquartersBayswater, Australia
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What EVO Power does
EVO Power is an Australia-based energy storage technology company founded in 2019 and headquartered in Bayswater. Per its own positioning, the company enables the electrification of large commercial and small utility projects through battery energy storage systems (BESS). It operates with a headcount of 51-100 employees and serves customers in the Oceania region, with no disclosed global footprint.
The company's core offering centers on energy storage solutions targeting the commercial and small-utility segments of the Australian electricity market. On 2025-11-05, EVO Power signed a strategic agreement with EVE Energy — a major Chinese lithium battery cell manufacturer — to co-develop 2.2GWh of energy storage capacity in Australia. This partnership represents the company's most significant disclosed commercial milestone and signals a transition toward utility-scale project execution, leveraging EVE Energy's cell supply and EVO Power's local integration capability.
The business model is not explicitly disclosed in the available data. There is no public pricing model, no disclosed customer count, no named reference customers, and no published revenue figures. No management team, ownership structure, or funding rounds are evidenced. The company appears to operate as a project-focused BESS integrator/supplier in Australia, with its competitive thesis anchored to the EVE Energy partnership and domestic market positioning rather than disclosed software, services, or recurring-revenue layers.
EVO Power firmographics
Firmographics- Name
- EVO Power
- Website
- https://evopower.com.au
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- EVO Power is an Australia-based energy storage technology company founded in 2019 that enables the electrification of large commercial and small utility projects through battery energy storage solutions. It partners with EVE Energy on 2.2GWh of utility-scale storage capacity in Australia.
- Ownership category
- akta.pro rank
EVO Power industry classification
Industry- Product category
- Energy Storage Systems
- NAICS
- Other Electric Power Generation (221118)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems) (IMAGAHAF)
Keywords
Where EVO Power is headquartered
LocationHeadquarters
- HQ city
- Bayswater
- HQ country
- Australia
- HQ region
- Oceania
Markets served
EVO Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure
EVO Power product offering
Product offeringCore offering
EVO Power is an energy storage technology company that enables the electrification of large commercial and small utility projects. The company develops and delivers energy storage solutions and is building 2.2GWh of energy storage capacity in Australia through a strategic partnership with EVE Energy.
Product overview
EVO Power provides innovative energy storage solutions, though the source data contains limited information about specific product offerings or portfolio structure. The company has entered a strategic partnership with EVE Energy focused on developing energy storage capacity in Australia.
Differentiator
Problem solved
Functional benefit
Products and services
- Energy Storage Solutions Energy storage products and solutions designed to enable the electrification of large commercial and small utility projects in Australia. Targeted at commercial organizations and small utility operators undertaking energy storage deployments.
Companies that use EVO Power
Customer profileIdeal customer profiles1 record
EVO Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EVO Power partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EVE EnergycoreEVE Energy and EVO Power signed a strategic agreement to accelerate expansion in Australia. The partnership focuses on developing a 2.2GWh energy capacity, representing a significant strategic collaboration in the energy storage sector.
Scale indicators1 record
Recent moves2 records
Expansion highlights4 records
EVO Power competitors and assessment
Company assessmentDirect peers
- Tesla Energy: Tesla's energy business (Megapack, Powerpack, Autobidder) is the global benchmark for utility-scale and commercial battery energy storage. It directly competes with EVO Power in the commercial and small-utility segment, though Tesla operates at vastly greater scale globally.
- Fluence Energy: Fluence is a leading global provider of utility-scale and commercial battery energy storage products, services, and digital applications. It is a direct peer to EVO Power in delivering grid-scale BESS, with a comparable focus on integrated software and hardware solutions.
- Sungrow: Sungrow is a major Chinese inverter and energy storage system provider with strong presence in Australia. Its commercial and utility-scale BESS offerings directly compete with EVO Power in the same geographic and customer segment.
- BYD Energy Storage: BYD is one of the world's largest battery manufacturers and a major supplier of integrated BESS solutions for commercial and utility applications. It is a direct peer and a potential competitor to EVO Power in the Australian market.
- Alpha ESS: Alpha ESS is a battery energy storage company with strong commercial and residential offerings and a significant presence in Australia. It directly competes with EVO Power in the commercial C&I storage segment in the same geographic market.
- Powin Energy: Powin is a US-based BESS integrator serving utility-scale and commercial customers globally. It is a direct peer to EVO Power in delivering turnkey battery storage systems for grid and commercial applications.
- Wärtsilä Energy Storage: Wärtsilä's energy storage business delivers grid-scale BESS solutions globally, including in Australia. It is a direct peer in the utility and large-commercial BESS market.
- Trina Storage: Trina Storage is the energy storage arm of Trina Solar, offering integrated BESS solutions for utility and commercial customers. It is a direct peer in delivering vertically-integrated battery storage systems.
- Saft (TotalEnergies): Saft is a global manufacturer of advanced batteries and energy storage systems serving grid, commercial, and industrial customers. It is a direct peer in the broader BESS market and competes for similar utility-scale and microgrid projects.
Regional players
- Redflow: Redflow is an Australian-headquartered battery energy storage company focused on flow battery technology for commercial, industrial, and utility applications. It is a regional peer operating in the same Australian market with overlapping customer segments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
EVO Power social profiles
Digital presenceEVO Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVO Power leadership team
Management profileNumber of profiles
EVO Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVO Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EVO Power
What does EVO Power do?
EVO Power is an energy storage technology company that enables the electrification of large commercial and small utility projects. The company develops and delivers energy storage solutions and is building 2.2GWh of energy storage capacity in Australia through a strategic partnership with EVE Energy.
When was EVO Power founded?
EVO Power was founded in 2019. It employs 51 to 100 people.
Where is EVO Power based?
EVO Power is headquartered in Bayswater, Australia, in the Oceania region.
Who are EVO Power's main competitors?
Direct peers on record are Tesla Energy, Fluence Energy, Sungrow, BYD Energy Storage, Alpha ESS, Powin Energy, Wärtsilä Energy Storage, Trina Storage and Saft (TotalEnergies). Redflow is listed as a regional player.
Does EVO Power have an API?
No public API is recorded for EVO Power.
What industry is EVO Power in?
EVO Power's product category is Energy Storage Systems. Its primary akta.pro industry code is IMAGAHAF, EV & Fleet Charging Equipment (AC/DC chargers, depot charging systems). Its NAICS code is 221118 and its SIC code is 4911.