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headwinds

Powin's senior lender has appointed Jerry Uzzi as independent manager of the company. Image: Powin

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

June 3, 2025
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.
The sector deployed 7,322MWh in Q3, 6,848MWh of which was in the grid-scale segment. Image: Wood Mackenzie

US energy storage deployments at record high but ‘multiple headwinds have emerged this year’

December 14, 2023
The US energy storage industry’s upward growth trajectory has seen another record-breaking quarter, with 2,354MW and 7,322MWh of deployments in Q3 2023, according to Wood Mackenzie.

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