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Press Release

Aquion & Siemens Industry Integrate Technologies for Developing Microgrid & Grid Energy Storage Systems

PITTSBURGH, Pennsylvania, October 1, 2013 – Aquion Energy, Inc., a developer and manufacturer of Aqueous Hybrid Ion (AHI™) batteries and energy storage systems, today announced it has signed a memorandum of understanding (MOU) with Siemens Industry, Inc., under which both parties will test the integration of Aquion’s AHI batteries and Siemens’ Sinamics S120 drive technology. As part of the MOU, Siemens purchased an initial set of Aquion batteries for immediate shipment to their manufacturing and test facility in Alpharetta, Ga.

Siemens’ Sinamics S120 inverter solution and Aquion’s M100 Battery Module product are currently under high voltage test at Aquion’s R&D facility in Pittsburgh, and will undergo additional joint testing at Siemens’ Alpharetta facility. Based on Aquion’s breakthrough AHI battery technology, the M100 Battery Module is an 18 kilowatt hour system that provides high performance, long-duration daily cycling for microgrid and grid applications.

“With its novel Aqueous Hybrid Ion technology, Aquion has emerged with an exciting new energy storage solution. We want to explore the Aqueous Hybrid Ion technology proposed by Aquion, validate its capabilities and potential for offering cost effective grid-scale deployments and energy efficient Microgrid and Renewables support functions,” said Dr. Razvan Panati, director of new technologies at Siemens Industry. “Our intention is to support the Aquion team in developing fully integrated AHI-based energy storage systems using our scalable, industry proven, off-the-shelf inverter technology.”

“Our work with Siemens is a key step in the validation of our technology at commercial scale as we significantly ramp our production capacity,” said Scott Pearson, chief executive officer of Aquion. “We look forward to showing that AHI batteries can be integrated with Siemens inverters to deliver cutting-edge storage solutions that are reliable, safe, cost-effective and environmentally benign to customers on a global scale.”

Specifically developed for the demanding requirements of both small and large-scale stationary energy storage applications, Aquion’s patented AHI battery systems offer high performance, low cost, operational safety and sustainability.

Aquion produces beta AHI battery systems at their state-of-the-art manufacturing facility in Westmoreland County, Pennsylvania, with commercial production slated to begin in the first half of 2014. Aquion’s initial manufacturing line is capable of producing over 200 megawatt hours per year when operating at full capacity. The 350,000 square-foot facility is sized for five manufacturing lines, enabling Aquion to significantly scale production to match anticipated market demand.

 

Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI™) batteries and battery systems for stationary energy storage applications. AHI batteries are optimized for off-grid and microgrid systems, commercial and industrial energy storage, and grid scale applications. Aquion’s safe, reliable, sustainable and cost-effective batteries deliver industry-leading value for customers. Aquion’s battery systems provide flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies such as wind and solar. For more information, visit www.aquionenergy.com.

Siemens Industry Sector is the world’s leading supplier of innovative and environmentally friendly products, solutions and services for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the sector enhances its customers’ productivity, efficiency and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Industry Automation, Drive Technologies and Customer Services Divisions as well as the Metals Technologies Business Unit. For more information, visit http://www.usa.siemens.com/industry

Aquion Energy Media Contact:
Elizabeth Pond
(412) 904-6460
epond@aquion-energy.com 

Siemens Industry Media Contact:
Hollie Davis
(770) 751-4882
Hollie.Davis@siemens.com

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Elizabeth Pond
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412.904.6460
epond (at) aquion-energy.com

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