AquaBattery develops long-duration energy storage systems that utilize a combination of table salt and water to store excess renewable energy, providing a safe and sustainable solution for commercial and industrial users. This technology addresses the variability of renewable energy sources by enabling the storage of electricity for extended periods, ensuring reliable power supply during periods of low generation.
Funding
$6.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Renewable energy sources like solar and wind are intermittent, leading to variability in electricity supply. Existing grid infrastructure struggles to manage these fluctuations, risking curtailment and outages, and requiring solutions for reliable power delivery when renewable generation is low.
Solution
AquaBattery provides long-duration energy storage systems that utilize table salt and water to store excess renewable energy. This technology enables the storage of electricity for extended periods, ensuring a reliable power supply even when solar and wind sources are unavailable. The system offers a cost-effective and sustainable alternative to traditional batteries, using readily available, non-critical materials and eliminating fire and explosion hazards. AquaBattery's solution facilitates the full integration of renewable sources into power systems, making them dispatchable and reliable.
Target Audience
AquaBattery targets commercial and industrial users seeking to reduce energy costs and achieve net-zero targets, remote microgrids looking to replace diesel generators, and renewable power producers aiming to balance the grid and maximize the value of their generation assets.
Features
- Scalable energy storage from 8 hours onwards, at KW to MW scale
- Competitive levelized cost of storage (LCOS) due to low material costs and 20-year durability
- Sustainable design using abundant, locally available, non-critical materials with recyclability at end-of-life
- Safe operation with non-flammable and non-toxic materials, suitable for populated areas and critical infrastructure
- Flexible system dimensions allowing independent scaling of power and energy capacity