1. Bankrupt Aquion's Salt Water Battery Assets Sold to Austria's BlueSky Energy

    Bankrupt Aquion's Salt Water Battery Assets Sold to Austria's BlueSky Energy

    A bid from Austria's BlueSky Energy for Aquion's assets was accepted by Aquion's U.S. owners. The CEO of BlueSky, Helmut Mayer, notes that the firm has been working with Aquion's batteries "for years" and sees "a future market for electricity storage in salt water technology." The CEO noted the environmental friendliness and low maintenance requirements of the battery. Mayer claimed the battery was suited for "homes and small- and medium-sized companies."

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