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.
Chinese battery manufacturer Rept Battero has announced plans to develop an 8GWh gigafactory in Indonesia specialising in lithium-ion cells for battery energy storage systems (BESS).
Idaho-headquartered KORE Power claims it will have 6GWh annual production capacity for its lithium battery energy storage solutions, based on high-power nickel manganese cobalt (NMC) cells, up and running during the first quarter of next year.