My 24 Aquion AHI batteries

[Sunking]

I hadn't followed the news, since I wrote them off for my needs. It all seems consistent though, and a bit bleak, based on what is public. Except for the glowing reports from Hawaii, that is.

Well that is from a customer.

[Living Large]

Well stop and think.

Last May Aquion lays off employees is confirmed by news reports.

3 Product revisions in less than a year.

Bill Gates had to give them $55 million in January 2015 to stay afloat. Before that mid 2014 $24.6 million from from Kleiner Perkins Caufield & Byers to keep creditors off their backs. According to financial statements they are about 1/4 Billion in the RED HOLE.

I would not be a buyer of the product or stock if they were public. With those numbers, if there was a stock, I would be Shorting as much of it as they would loan me. That would be easy money for nothing.

I hadn't followed the news, since I wrote them off for my needs. It all seems consistent though, and a bit bleak, based on what is public. Except for the glowing reports from Hawaii, that is.

[Sunking]

pause to see an employee say "real product issues" and "BK may be coming". Certainly not a glowing report, but how accurate is it?

Well stop and think.

Last May Aquion lays off employees is confirmed by news reports.

3 Product revisions in less than a year.

Bill Gates had to give them $55 million in January 2015 to stay afloat. Before that mid 2014 $24.6 million from from Kleiner Perkins Caufield & Byers to keep creditors off their backs. According to financial statements they are about 1/4 Billion in the RED HOLE.

I would not be a buyer of the product or stock if they were public. With those numbers, if there was a stock, I would be Shorting as much of it as they would loan me. That would be easy money for nothing.

[Living Large]

Glassdoor says they have some behind the scenes info on Aquion Energy

There are only 6 posts there, by alleged current and former employees. There are a couple that sound rather negative, but how to evaluate them? It does give some pause to see an employee say "real product issues" and "BK may be coming". Certainly not a glowing report, but how accurate is it?

The real world data here from Hawaii I can't use for my location. As someone else said, more user data is needed. Has OffGridHawaiian gone off the grid yet; ever had to use his brand new generator?

[Sunking]

Glassdoor says they have some behind the scenes info on Aquion Energy.
People can get hopeful and excited but then again when it's just
one fund raiser after another -
becoming a car dealership
with no cars - they can just say forget this.
A deal can only hold air for so long.

Back in the day we only prepared the music for so Long.
Then it was time for everybody and I mean everybody to hit
the dance floor.

Wake me up once Sunking figure it all out and tell Aquion to
Give me a dollar.

Bill Blake

Well Bill all I can tell you is the financials look bad, layoffs occurring, and 3 product revisions in a year. That is enough to scare me off.

[Sundetective]

Glassdoor says they have some behind the scenes info on Aquion Energy.
People can get hopeful and excited but then again when it's just
one fund raiser after another -
becoming a car dealership
with no cars - they can just say forget this.
A deal can only hold air for so long.

Back in the day we only prepared the music for so Long.
Then it was time for everybody and I mean everybody to hit
the dance floor.

Wake me up once Sunking figure it all out and tell Aquion to
Give me a dollar.

Bill Blake

[Living Large]

Fanfare!!! Reminds me of another battery manufacturer.

Your observation of fanfare is also a good one, in a different sense.

[SunEagle]

Is 6 weeks really a problem? I would wait 6 weeks if I thought this chemistry would work for me. By comparison, if I buy LFP, it may take a month or more to get them. But I know that is the chemistry that best fits my application, and I would gladly wait. Just a thought - this 6 week lead time may be indicative of an issue beyond manpower. Your observation of the fanfare is a good one.

Fanfare!!! Reminds me of another battery manufacturer.

[Living Large]

The last I heard the batteries themselves were not actually available unless
they had at least 6 weeks. For years the fanfare has been about how easy
the badboys are to produce compared to so many other types of batteries.

Is 6 weeks really a problem? I would wait 6 weeks if I thought this chemistry would work for me. By comparison, if I buy LFP, it may take a month or more to get them. But I know that is the chemistry that best fits my application, and I would gladly wait. Just a thought - this 6 week lead time may be indicative of an issue beyond manpower. Your observation of the fanfare is a good one.

[Sundetective]

Bill

I am sure there are other "experiments" being performed in the field on those batteries but except for what OffGridHawaiin is posting that information is not readily available.

It would have been nice for Aquion to provide more data on their "in house" testing but that is not available as far as I can tell.

The last I heard the batteries themselves were not actually available unless
they had at least 6 weeks. For years the fanfare has been about how easy
the badboys are to produce compared to so many other types of batteries.

So Aquion, bring in a few pushers and crank up already.
Any pictures or video clips I see and people look like they like to take it
real easy on demselves.

Might be time to stop with the meetings and put the bootie out there
on the Line.

Tighten up a Little and start rolling 2 different shifts.
Bonus system based on quality and production.

Bill Blake

[SunEagle]

Are there any other Aquion Energy AHI Battery experiments going on
currently besides that little one with the AltE Store and the Great
Hawaii 'Topcat' Experiment?

There are people, including myself, that want to be believers.

Don't we get one experiment per year of fanfare -

per 10 Million Dollar Bill of OPM (other peoples money) ?

Bill Blake

Bill

I am sure there are other "experiments" being performed in the field on those batteries but except for what OffGridHawaiin is posting that information is not readily available.

It would have been nice for Aquion to provide more data on their "in house" testing but that is not available as far as I can tell.

[Sundetective]

I guess the big question is how does the Aquion chemistry actually define a "cycle". The tests going on with OffGridHawaiian may shed some light but it may take a year to really understand the dynamics.

Are there any other Aquion Energy AHI Battery experiments going on
currently besides that little one with the AltE Store and the Great
Hawaii 'Topcat' Experiment?

There are people, including myself, that want to be believers.

Don't we get one experiment per year of fanfare -

per 10 Million Dollar Bill of OPM (other peoples money) ?

Bill Blake

[Sunking]

The only thing that is hard to evaluate is the "microcycles"

Agreed, but after 35 years of being in the biz one thing you learn is no battery ever makes it to its claimed cycle life, calendar life will kill it.

As a doctor (my wifey) will tell you all deaths are preventable, no one ever dies of old age, it could have been prevented if only....

[SunEagle]

The only thing that is hard to evaluate is the "microcycles" caused by turning large enough loads on and off the middle of the PV period to alternate between net charge and net discharge.
For lead acid, microcycles do not seem to be as important as full cycles, while for some other chemistries like NiCad consistent microcycling can reduce capacity strongly. (The electric toothbrush memory effect.)

I guess the big question is how does the Aquion chemistry actually define a "cycle". The tests going on with OffGridHawaiian may shed some light but it may take a year to really understand the dynamics.

[inetdog]

A cycle is any discharge followed by recharge.

The only thing that is hard to evaluate is the "microcycles" caused by turning large enough loads on and off the middle of the PV period to alternate between net charge and net discharge.
For lead acid, microcycles do not seem to be as important as full cycles, while for some other chemistries like NiCad consistent microcycling can reduce capacity strongly. (The electric toothbrush memory effect.)