Insights

Strategic expansion Plus Power is rapidly expanding its footprint with new facilities and market entry in Alabama and the Southeast, signaling growing demand for utility-scale energy storage partnerships and opportunities with regional utilities.

Utility partnerships Active collaboration with major utilities like Tennessee Valley Authority positions Plus Power as a trusted provider for long-term energy storage capacity, offering predictable revenue streams from 200 MW / 800 MWh projects and ancillary services.

Strong financing A robust funding profile including significant tax equity investments and a multi-billion-in-dollar funding footprint enables aggressive project deployment and scalable EPC collaborations, which can be leveraged to secure project finance for new prospects.

Integrated delivery End-to-end capabilities spanning EPC through financing and operation, plus a diversified tech stack, suggest opportunities to streamline procurement and project execution for utilities seeking reliable, bankable energy storage solutions.

Growth momentum Recent revenue milestones and multi-state deployments indicate healthy growth trajectory and expanding market acceptance, making proactive outreach to utilities and municipal entities a timely sales priority.

Similar companies to Plus Power

Plus Power Tech Stack

Plus Power uses 8 technology products and services including Azure Databricks, Docker, Squarespace, and more. Explore Plus Power's tech stack below.

Media & News

Plus Power's Email Address Formats

Plus Power uses at least 3 email formats:
Plus Power Email FormatsExamplePercentage
FLast@pluspower.comJDoe@pluspower.com
92%
First_Last@pluspower.comJohn_Doe@pluspower.com
7%
First.Last@pluspower.comJohn.Doe@pluspower.com
1%

Frequently Asked Questions

What is Plus Power's official website and social media links?

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Plus Power's official website is pluspower.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Plus Power generate?

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As of August 2026, Plus Power's annual revenue is estimated to be $100M - $250M.

What is Plus Power's NAICS code?

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Plus Power's NAICS code is 33441 - Semiconductor and Other Electronic Component Manufacturing.

How many employees does Plus Power have currently?

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As of August 2026, Plus Power has approximately 267 employees across 4 continents, including North America, Asia and Europe. Key team members include Senior Director, Tax: A. L., Director Of Environmental, Health & Safety: J. K. -. F. and Manager, Corporate Operations: H. G. Explore Plus Power's employee directory with LeadIQ.

What industry does Plus Power belong to?

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Plus Power operates in the Renewable Energy Semiconductor Manufacturing industry.

What technology does Plus Power use?

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Plus Power's tech stack includes Azure Databricks, Docker, Squarespace, Adobe Experience Cloud, PostgreSQL, Bluebeam, NetSuite and Claude by Anthropic.

What is Plus Power's email format?

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Plus Power's email format typically follows the pattern of FLast@pluspower.com. Find more Plus Power email formats with LeadIQ.

How much funding has Plus Power raised to date?

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As of August 2026, Plus Power has raised $2.4B in funding. The last funding round occurred on Nov 05, 2025 for $82M.

When was Plus Power founded?

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Plus Power was founded in 2018.
Plus Power logo

Plus Power

Renewable Energy Semiconductor ManufacturingCalifornia, United States201-500 Employees

Plus Power is a company focused on deploying transmission-connected battery storage across the United States. It positions itself at the intersection of energy, technology, and finance, with a presence in Houston, San Francisco, and New York. The firm partners with electric utilities to supply capacity, energy, and ancillary services from energy storage projects, aiming to reduce operating costs and deliver benefits to rate-payers. 

Within the renewable energy semiconductor manufacturing sector, the company emphasizes grid-scale storage projects that support utility reliability and cost management. A notable development in 2026 was a 20-year energy storage agreement with the Tennessee Valley Authority to add 200 MW / 800 MWh of battery storage to the Tennessee Valley grid.

Section iconCompany Overview

NAICS Code
33441 - Semiconductor and Other Electronic Component Manufacturing
Founded
2018
Employees
201-500

Section iconFunding & Financials

  • $2.4B

    Plus Power has raised a total of $2.4B of funding over 5 rounds. Their latest funding round was raised on Nov 05, 2025 in the amount of $82M.

  • $100M - $250M

    Plus Power's revenue is estimated to be in the range of $100M - $250M

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