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Powin LLC Files for Chapter 11 to Restructure

Powin LLC, a U.S.-based global energy storage integrator, today announced that it has voluntarily filed for Chapter 11 protection under the U.S. Bankruptcy...

Flow battery maker Redflow goes out of business

The flow battery company, which holds the IP for its zinc-bromide energy storage technology, ceased trading on 18 October, according to an ASX announcement from

Large-scale ESS company Powin files bankruptcy

Oregon-based energy storage company Powin Energy has filed for Chapter 11 bankruptcy protection in the District Court of New Jersey. The

Why Energy Storage Companies Are Closing Down (And What

Let''s cut to the chase: energy storage companies are closing down faster than phone batteries at a TikTok convention. In 2023 alone, over 15 grid-scale storage startups filed

Key Supplier to One of the World''s Largest Batteries Goes Bankrupt

Powin, a battery energy storage system company in Oregon, has filed for Chapter 11 bankruptcy at a court in New Jersey, the United States.

Portland energy company Powin faces shutdown | kgw

A month after a round of layoffs, Tualatin grid-scale energy storage company Powin on Friday revealed "the potential cessation of business operations" at its headquarters

Layoffs hit major Portland metro grid storage company

Powin, with Tualatin and Portland offices, had been growing fast. Portland green energy company snares $200M Powin CEO on keeping

Powin Energy''s future hangs in the balance with 250 jobs at stake

US battery energy storage provider Powin Energy could be preparing for a final curtain call. The Tualatin, Oregon-based company submitted a notice of potential cessation of

Liquid metal battery storage specialist Ambri emerges

The company filed for bankruptcy in May, blaming a challenging fundraising environment and thwarted plans to expand into manufacturing.

[US Energy Storage Integrator Powin Files for Bankruptcy,

Bankruptcy documents revealed that several Chinese companies, including CATL (US$44 million) and Qingdao CIMC Prowin (US$49 million), were among the top 50

U.S. battery supplier Powin files for bankruptcy

Bloomberg reported the company had become the third largest battery supplier, by battery energy storage capacity installed, in the United States and referred to a press

Is Azelio''s abrupt bankruptcy a bad omen for

Azelio, a Swedish startup that aimed to supply thermal storage technology to long-duration energy storage applications, filed for bankruptcy

Battery storage firm Powin files for bankruptcy in New

US energy storage provider Powin LLC has filed for Chapter 11 bankruptcy relief in New Jersey after registering at least USD 300 million (EUR

FlexGen acquires Powin assets following bankruptcy

FlexGen Power Systems, a provider of battery energy storage solutions and energy management software, announced that the U.S. Bankruptcy Court for the District of

Rising costs, tariffs, overseas production behind closure of AESI

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

Volvo Group buys battery firm Proterra out of bankruptcy

Volvo has acquired the US lithium-ion battery company Proterra out of bankruptcy, and a subsidiary has launched EV charging BESS

European battery firm Northvolt files for Chapter 11

The company''s flagship battery gigafactory in Sweden, Northvolt Ett. Image: Northvolt. European battery company Northvolt has filed

Electriq Power Bankruptcy: Moecker Auctions Liquidate US$18m

Electriq Power Holdings, Inc. filed Chapter 7, a voluntary petition for relief in the U.S. Bankruptcy Court, Southern District of Florida on May 3, 2024 with Judge Mindy A. Mora

Solar Company Files for Bankruptcy After Receiving

A solar installation company that received a $3 billion partial loan guarantee from the Biden administration declared bankruptcy earlier this week as the solar

EV Battery Giant Faces Bankruptcy

Swedish battery maker Northvolt, once a leading player in Europe''s electric vehicle battery and energy storage markets, is now grappling with severe

Powin could cease operations by end of July

Though the company has pushed into international markets including Australia, Europe and Latin America, Powin''s announcement comes amid a backdrop of uncertainty for the US battery

Oregon clean energy company files for bankruptcy,

Tualatin battery manufacturer Powin filed for Chapter 11 bankruptcy Tuesday, reporting more than $300 million in debt. Powin warned

US battery supplier Powin files for bankruptcy

Oregon-based LFP battery supplier Powin has filed for Chapter 11 bankruptcy protection in New Jersey. Last week, the battery business notified local and state officials of a

Energy Storage Bankruptcies: Why 30,000 Companies Sank in

Welcome to the energy storage sector in early 2025 – where market euphoria met brutal reality. This blog unpacks why energy storage bankruptcies skyrocketed, who

CATL seeking $44m in overdue payments from Powin for batteries

CATL has filed a complaint in a US court against system integrator Powin for alleged non-payment of shipments of battery cells for BESS.

Rising Costs and Tariffs Lead to Closure of American Energy

Details have emerged regarding the closure of American Energy Storage Innovations (AESI), a US-based battery energy storage system (BESS) firm. Meanwhile,

Powin Files for Bankruptcy Amid $325M Crisis

The power behind millions of batteries used in global green energy projects is short-circuiting. Powin LLC, a key player in energy storage

Aquion, the Advanced Battery Startup Funded by Bill Gates and

Bill Gates is also an investor in LightSail Energy, the challenged compressed-air startup, and Ambri, the liquid metal battery project from MIT professor Don Sadoway. Not so

Energy Storage Provider Powin Files for Bankruptcy in New Jersey

Powin LLC, an energy storage platform provider, filed for Chapter 11 in New Jersey, according to court documents dated Tuesday. The petition lists $100 million to $500

The Complete List of Solar Bankruptcies and

The California Solar & Storage Association reports that the fallout includes thousands of stalled projects, over 17,000 industry layoffs, and

Powin could cease operations by end of July

Image: Powin Battery energy storage system (BESS) integrator and technology provider Powin is at risk of shutting down its business within weeks. The US company filed a

''The bar is going up & up'': Sodium-ion firm Natron Energy closes

6 · Natron Energy was attemping to scale up two sodium-ion gigafactories in the US. Image: Natron Energy. US sodium-ion battery firm Natron Energy has ceased trading, putting

EV Battery Giant Faces Bankruptcy

Swedish battery maker Northvolt, once a leading player in Europe''s electric vehicle battery and energy storage markets, is now grappling with severe financial difficulties. The company is

Powin files for bankruptcy due to supply chain crisis

Powin, once a major player in the global energy storage market and a fierce competitor to Tesla and Fluence, has recently filed for bankruptcy under Chapter 11 of the US

Another Oregon battery company warns of layoffs,

Tualatin clean-energy storage company Powin warned Oregon officials this week that the company may shut down by the end of July, citing "unforeseen

CATL seeking $44m in overdue payments from Powin

CATL has filed a complaint in a US court against system integrator Powin for alleged non-payment of shipments of battery cells for BESS.

Powin Energy''s future hangs in the balance with 250 jobs at stake

One of Powin''s energy storage projects with Apex Clean Energy in Texas. Image: Powin Energy Battery storage provider Powin Energy is preparing for its final curtain call. The

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