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.
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
US grid-scale energy storage solutions provider Energy Vault claimed its diversification into new geographies and business models “shielded” its backlog from tariff risk.
