{"id":13467,"date":"2017-07-26T06:33:19","date_gmt":"2017-07-25T20:03:19","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=13467"},"modified":"2018-06-12T13:32:20","modified_gmt":"2018-06-12T03:02:20","slug":"aquion-energy-battery-rebirth-mb0139","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/","title":{"rendered":"Aquion Energy Back In The Salt Water Battery Business"},"content":{"rendered":"
\"Aquion

Aquion battery installation in Perth | Image: Aquion Energy<\/p><\/div>\n

U.S. battery company Aquion Energy has emerged from Chapter 11 bankruptcy status with new owners at the helm and renewed confidence in its future.<\/p>\n

<\/p>\n

—–
\nUPDATE 12 June, 2018.<\/strong> According to the Battery Test Centre<\/a> (page 6 of the report): “Although Aquion was bought out in July 2017, it is not supporting existing products in any way, and all existing warranties are void. ”
\n——<\/p>\n

Aquion Energy was previously manufacturing a zero-maintenance, non-flammable “salt water battery<\/a>” (Aqueous Hybrid Ion – AHI) system that boasted 100% depth-of-discharge capability and other claimed advantages over lithium-ion chemistry batteries.<\/p>\n

Like other manufacturers of solar batteries<\/a>, Aquion had eyed the Australian market hungrily and racked up some sales here. The company posted case studies<\/a> of Aquion battery performance in a couple of Australian installations in Perth and Melbourne.<\/p>\n

Early this year, Aquion Energy was named “North American Company of the Year” in the 2017 Global Cleantech 100, adding to other accolades including the 2016 Platts Global Energy Award and PV Magazine Top Innovation Award 2016.<\/p>\n

Then in March 2017, the wheels fell off the Pittsburgh-based company. It filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code, stating<\/a> it had been unable to raise the growth capital needed to continue operating as a going concern. The company said it had let most of its workers go and ceased production, marketing and sales of its energy storage solution just prior to the announcement.<\/span><\/p>\n

Aquion’s leadership at the time was confident that it would rise from the ashes. While other firms state this during what turns out to be their death throes, it appears Aquion Energy has realised its goal of getting back in the saddle – the company is resuming operations <\/span>this week<\/p>\n

Greentech Media reports<\/a> Juline-Titans LLC acquired the company at auction for USD $9.16 million in June – a fraction, says GTM, of the $190 million in venture capital and debt the company had raised from investors.<\/p>\n

Aquion’s CEO seemed very upbeat about the company’s prospects under new ownership in a statement published yesterday, saying Aquion intends to deliver the lowest price per kWh-cycle battery in the world and expand its sodium-ion storage offerings into growing markets.<\/p>\n

“We are confident with our committed business orders and aiming to build Aquion into a billion-dollar company in the upcoming years,” said Philip Juline<\/span><\/a>. “<\/span>We are only limited by our ability to ramp and scale our operations.”<\/p><\/blockquote>\n

SQ blogger Ronald wrote about the energy storage system last year – check out his Aquion\u00a0 battery review<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. battery company Aquion Energy has emerged from Chapter 11 bankruptcy status with new owners at the helm and renewed confidence in its future.<\/p>\n","protected":false},"author":17,"featured_media":13469,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-13467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAquion Energy Back In The Salt Water Battery Business - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"U.S. battery company Aquion Energy has emerged from Chapter 11 bankruptcy status with new owners at the helm and renewed confidence concerning the future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aquion Energy Back In The Salt Water Battery Business\" \/>\n<meta property=\"og:description\" content=\"U.S. battery company Aquion Energy has emerged from Chapter 11 bankruptcy status with new owners at the helm and renewed confidence concerning the future.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-25T20:03:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-06-12T03:02:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/aquion-energy-batteries.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Aquion Energy Back In The Salt Water Battery Business\",\"datePublished\":\"2017-07-25T20:03:19+00:00\",\"dateModified\":\"2018-06-12T03:02:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\"},\"wordCount\":434,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/aquion-energy-batteries.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/aquion-energy-battery-rebirth-mb0139\/\",\"name\":\"Aquion Energy Back In The Salt Water Battery Business - 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Worried about having a big box of toxic and\/or\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"DIY Salt Water Battery","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/08\/SaltWater.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/08\/SaltWater.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2016\/08\/SaltWater.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":38484,"url":"https:\/\/www.solarquotes.com.au\/blog\/redflow-zbm2-installation-mb1462\/","url_meta":{"origin":13467,"position":1},"title":"Swansea University Chooses Redflow ZBM2 Flow Batteries","author":"Michael Bloch","date":"March 27, 2020","format":false,"excerpt":"Britain's Swansea University has purchased a bunch of batteries from Australian energy storage manufacturer Redflow. Redflow says Swansea University in Wales recently installed twelve of the company's ZBM2 flow batteries for use with its Active Building demonstrator - \"positive energy\" buildings that generate more energy than they consume. Completed in\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Redflow battery installation - Swansea University","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/redflow-battery-installation.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/redflow-battery-installation.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/redflow-battery-installation.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/redflow-battery-installation.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/redflow-battery-installation.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":31139,"url":"https:\/\/www.solarquotes.com.au\/blog\/6th-canberra-battery-test\/","url_meta":{"origin":13467,"position":2},"title":"6th Canberra Battery Test Centre Report — 61% Of Tested Batteries Faulty","author":"Ronald Brakels","date":"June 26, 2019","format":false,"excerpt":"The Canberra Battery Test Centre has released their latest six monthly report.\u00a0 It took them 9 months to get it out, but I'm glad they took their time, as it's a beauty. It gives information on the performance of every solar battery they've been able to successfully test and can\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/batt-test-june2019.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/batt-test-june2019.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/batt-test-june2019.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/batt-test-june2019.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/batt-test-june2019.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":21987,"url":"https:\/\/www.solarquotes.com.au\/blog\/battery-test-centre-results\/","url_meta":{"origin":13467,"position":3},"title":"Worrisome Results From Canberra’s Battery Test Centre","author":"Ronald Brakels","date":"June 13, 2018","format":false,"excerpt":"I am very happy.\u00a0 I just found out there is a battery testing centre in Canberra.\u00a0 Who would have thought there would be something useful in Canberra?\u00a0 Besides, of course, for the Federal Government and the bureaucracy that's necessary for the functioning of a modern representative democracy.[1. And Reposit.] The\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"battery test centre website screenshot","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/battery-test-centre.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":36481,"url":"https:\/\/www.solarquotes.com.au\/blog\/battery-test-7th-report\/","url_meta":{"origin":13467,"position":4},"title":"The Canberra Battery Test Centre’s 7th Report: 83% Faulty","author":"Ronald Brakels","date":"February 3, 2020","format":false,"excerpt":"Good news!\u00a0 The Canberra Battery Test Centre have released their 7th report.\u00a0 I admit I'm a little behind in reporting this because it wasn't released this month, or last month, or even the month before that.\u00a0 It came out all the way back in September.\u00a0 But it's their fault I'm\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"Battery test winners","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/batt-test-7.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/batt-test-7.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/batt-test-7.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/batt-test-7.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/02\/batt-test-7.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":63504,"url":"https:\/\/www.solarquotes.com.au\/blog\/battery-testing-final-report\/","url_meta":{"origin":13467,"position":5},"title":"Canberra Battery Test Centre Final Report: Only 2 Of 26 Batteries Fault-Free","author":"Ronald Brakels","date":"August 15, 2022","format":false,"excerpt":"For eight years, the Canberra Battery Test Centre lived up to its name and tested batteries. From 2016, they put 26 home batteries through their paces. If I had to sum up the results in a single word, it would be: Atrocious If I had to sum it up in\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"Canberra Battery Test Centre Final Report","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/battery-final-report.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/battery-final-report.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/battery-final-report.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/battery-final-report.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/battery-final-report.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=13467"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13467\/revisions"}],"predecessor-version":[{"id":22215,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/13467\/revisions\/22215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/13469"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=13467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=13467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=13467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}