Home Tag "ENERGY STORAGE"

Two More Failed Firms in Storage: Axion Power and Camborne Energy Storage

Neither could find the cash to continue operations. This August brought the collapse of two emblematic energy storage firms. In the U.S., lead-carbon battery maker Axion Power International filed for Chapter 7 bankruptcy. In the U.K., grid-scale storage system developer Camborne Energy Storage went into administration. Both firms ran aground after failing to secure cash […]