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Home - Energy Storage - American battery supplier Powin files for bankruptcy – PV Magazine International
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American battery supplier Powin files for bankruptcy – PV Magazine International

solarenergyBy solarenergyJune 11, 2025No Comments1 Min Read
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The oregon -based battery producer Powin is confronted with steep rates because the lithium -iron phosphate (LFP) imports battery components from China.

June 11, 2025
Max Hall

Image: Airbus, Maxar Technologies, Metro, Portland Oregon, Vexcel Imaging Us

By ESS News

LFP battery supplier Powin, based in Oregon, has submitted bankruptcy protection in New Jersey for Chapter 11.

Last week, the battery industry indicated Local and government officials for a possible stopping of business activities warn that nearly 250 employees, including senior executives, could be dismissed if the operating conditions did not improve by July 28.

Powin had to issue the notification at least 60 days before planned closures or dismissals, as an employer with at least 100 employees.

Visit our visit ESS News website.

This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.

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American bankruptcy battery files International magazine Powin supplier
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