Details on the wind-down of US-based BESS firm American Energy Storage Innovations (AESI) have come out, while battery recycler Li-Cycle has filed for Chapter 15 bankruptcy and been ordered to cease stock market trading.
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.
Finnish marine and power technology firm Wärtsilä has ended an 18-month long strategic review of its Energy Storage and Optimisation (ES&O) business, a process which could have led to the firm divesting it.
Juan Ceballos, Trina Storage head of sales for Europe, tells ESN Premium how one of solar’s big players aims to become a major presence in energy storage.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.