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Powin was the system integrator for Waratah Super Battery (pictured) in New South Wales, Australia. Image: Akaysha Energy.

US bankruptcy court approves FlexGen acquisition of Powin assets, including all IP

August 7, 2025
Software-focused energy storage system integrator FlexGen’s bid to acquire assets from bankrupt rival Powin has been approved in court.
Tesla's exhibition stand at the RE+ clean energy industry event in California, US, September 2024. Image: Andy Colthorpe / Solar Media

Tesla is making LFP cells for energy storage in the US this year, opens diner

July 29, 2025
Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.
FlexGen's exhibition stand at the RE+ trade show in Anaheim, California, September 2024. Image: Andy Colthorpe / Solar Media
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FlexGen steps into Powin bankruptcy proceedings as stalking horse bidder

July 3, 2025
FlexGen Power Systems (FlexGen) has bid to take over rival US system integrator Powin during the latter’s Chapter 11 bankruptcy proceedings.
Intersect Power's Athos III solar-plus-storage project in Riverside County, California, which went into operation in 2023. Image: Intersect Power
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Intersect Power renegotiates BESS offtake deal to mitigate US tariff uncertainty

June 25, 2025
Intersect Power has become the latest player in the energy storage space to feel the adverse effects of tariff increases and policy uncertainty.
Powin's suppliers like EVE Energy would later become among its biggest direct competitors. Image; Cameron Murray / Solar Media
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Powin ‘struggling to compete with Chinese OEMs’ integrated BESS offerings’

June 24, 2025
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.
Saticoy, a 4-hour duration 100MW standalone BESS project in California, US. Image: Arevon Asset Management.

Lazard says US energy storage cost reduction in 2025 offsets prior pandemic-driven increases

June 19, 2025
LCOS for battery storage in the US has declined enough recently to offset increases between 2021 and 2024, according to Lazard.
Wood Mackenzie's analysis of construction cost changes as a result of tariffs. Image: Wood Mackenzie

US import tariff analysis spells out extent of challenge facing US battery storage industry

June 4, 2025
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
Aerial view of the 15-acre battery yard at Longroad Energy's Sun Streams 3 solar-plus-storage project in Maricopa County, Arizona. Image: Longroad Energy
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Energy storage IPPs reveal impacts of tariffs and tax credit uncertainty: Stockpiles, strategy shifts and price increases

May 29, 2025
Matthew Biss looks at how energy storage companies plan and mitigate tariff and tax credit risks within an uncertain policy landscape.
Peninsula Clean Energy CEO Shawn Marshall cuts the ribbon to inaugurate a solar PV carport project in Los Banos, California, with the city's mayor Michael Amabile earlier this year. Image: Peninsula Clean Energy
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California CCA’s contract for KKR-owned BESS includes protections for tariff, tax credit risk

May 28, 2025
Even during times of turmoil for the US renewable energy industry, IPPs are continuing to secure long-term offtake agreements in California.
A D.E. Shaw Renewable Investments solar PV plant in New Mexico, US. Image: DESRI
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California utility SMUD’s BESS PPA deal with DESRI includes protections against tariff uncertainty

May 13, 2025
Sacramento Municipal Utility District (SMUD) has finalised terms of a PPA with developer D. E. Shaw Renewable Investments (DESRI).

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Viridi claims its BESS products meet the One Big Beautiful Bill’s FEOC requirements

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Copenhagen Infrastructure Partners acquires 1GWh BESS project from EDF Renewables North America

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Threshold projects scrapped, higher PPA prices, FEOC uncertainty: Life as a US BESS developer-operator post-OBBB

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California county adopts ‘balanced’ BESS zoning, hopes to stop developers seeking state-level approvals

US ROUNDUP: Energy Vault, Richardson and Fluence make strategic supply chain moves

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