Bill Gates Invests In Energy Storage

Bill Gates is one of the latest to back Aquion Energy, a clean-tech firm that is developing water-based battery systems. He joined the Series D financing round which attracted some $35 million in collective funding.

His investment in Aquion is understood to be his third one in clean-tech.

Aquion’s water-based battery systems aim to use cheap, readily available, non-toxic materials like saltwater in its Aqueous Hybrid Ion batteries. The company plans to cater the technology to both small and large-scale energy storage applications.

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