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.
Energy storage-focused lithium-ion OEM Hithium has started mass production of the world’s first 1,000Ah+ battery cell, which it is targeting for long-duration energy storage (LDES) applications.
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.