aquion

US energy storage developer Aquion Energy is to provide a 1MWh battery as part of a private off-grid solar PV microgrid at the Kona coast on the Island of Hawaii.

The Aquion Energy’s Aqueous Hybrid Ion (AHI) battery will be the world’s biggest privately owned battery and connected to a 176 kW solar PV array. The system is designed to generate 350MWh per year. The application will be installed at private residential estate Bakken Hale.

Companies in the battery and energy storage space received $99m of venture capital in ten deals in Q3 2014, according to a report by a US consultant.

Mercom Capital Group said venture capital invested in Q3 was slightly up overall compared to the $90m from six deals in Q2. Top deals included the $25m raise by Powin Energy.

US sodium-ion battery developer Aquion Energy has elected energy industry expert Tom McDaniel to its board of directors.

McDaniel currently works as director and chairman of the board at smart grid and energy management company Tendril Networks and as director of solar energy firm SunPower. He also works for SemGroup, On Ramp Wireless and Cypress Envirosystems.