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Main supplier to Australia’s most powerful big battery warns it may go out of business

Jun 3, 2025

The US-based Powin, the main supplier to the Waratah Super Battery in New South Wales, the most powerful big battery to be built in the country, has warned that it may go out of business and be forced to lay off all its staff within weeks.

Powin has filed a letter with regulatory authorities in the US state of Oregon, where it is based, warning that it may be forced to shut down by July 28, or earlier, if business conditions do not improve.

In a letter dated May 29, Powin warns that “due to unforeseen business circumstances, Powin LLC’s situation, as well as the economy generally, remain dynamic and fluid.”

The letter, signed by Powin’s VP for human resources, Scott Getman, says. “If Powin LLC’s present business circumstances do not improve, it is currently anticipated that a layoff will occur on or before 28 July 2025.

“If such cessation of business operations occurs, it is presently contemplated that the affected employees will be permanently terminated.” The letter lists affected job descriptions for more than 250 employees, including the CEO and COO.