Module build failed: Cannot find module 'fs/promises'

Error running Webpack5 with Babel: Cannot find module 'fs/promises'

few ways to resolve this issue:

• installing babel-loader version 8.0.4
• The problem is with the node.js older version.
• Delete your package-lock.json
• Delete node_modules folder
• Uninstall your node.js older version and Update to the latest node.js version by installing from the official site https://nodejs.org/en/download will solve the problem.
• Also check npm version, and update to latest npm version by using: npm install -g npm
• At the end also update all npm packages by: npm --force update This will update all packages in the package.json and installs latest packages.

command that can help:

npm ls webpack

npm uninstall webpack

npm install webpack@2.1.0-beta.25