FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.

Competition from Chinese manufacturers put Powin on a tricky footing, even before industry headwinds dealt the company what appears to have been a lethal blow.

US battery storage system integrator Powin has filed for Chapter 11 bankruptcy at a court in New Jersey.

Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.

European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.

Australian zinc-bromide flow battery manufacturer Redflow has ceased operations with administrators unable to find a buyer.

After Redflow entered administration, Energy-Storage.news Premium speaks to Richard Hughes of Deloitte, appointed to evaluate the flow battery manufacturer’s options.

Delays in product development, high commodity prices and investors pulling out were behind some of the most recent bankruptcies in the ESS battery technology space, which include Nilar, AMTE and Ambri.

Ambri, the MIT-spinoff commercialising a liquid metal battery for stationary storage applications, looks set for a fresh start.

Here’s news in brief from around the world in energy storage with liquid metal battery maker Ambri, a German government-funded sodium-ion initiative, and ESS Inc’s iron flow battery project at Amsterdam.