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layoffs

Rendering of Powin's recently launched Pod Max solution, which features 6.26MWh storage capacity in a 20-foot container. Image: Powin

Powin could cease operations by end of July if ‘present business circumstances do not improve’

June 2, 2025
Battery energy storage system (BESS) integrator and technology provider Powin is at risk of shutting down its business within weeks.
SolarEdge's Sella 2 battery production plant in Chungcheongbuk-do Province, South Korea. Image: SolarEdge

SolarEdge closes utility-scale energy storage division to focus on ‘core’ solar PV business

November 28, 2024
SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.
weview vizn zinc-iron flow battery energy storage system

Redox flow ‘leader’ VIZn admits cashflow difficulties, denies going out of business

March 28, 2018
Flow battery manufacturer VIZn Energy has confirmed that nearly all its employees have been “furloughed” amid financial difficulties, but denied that the company has exited the business altogether.

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Powin files for Chapter 11 bankruptcy protection and spins off project services business

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California Energy Commission public information meeting for Engie BESS project draws huge interest

Powin could cease operations by end of July if ‘present business circumstances do not improve’

Texas governor Greg Abbott signs law establishing decommissioning procedures for BESS

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