AES Pushes Energy Storage to Top of Agenda as Demand Rises for Battery Projects

SUGAR LAND--October 20, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Growing calls from lawmakers and the public for more renewable energy are giving rise to battery storage technology, which is crucial to making renewable resources competitive with longstanding fossil fuel development. To that end, AES Corporation (NYSE:AES) (Arlington, Virginia) (AES) teamed with Siemens AG (Munich, Germany) in 2018 to create Fluence Energy Incorporated, an energy storage technology company. Fluence filed regulatory paperwork on Tuesday for its initial U.S. public offering. Industrial Info is tracing more than $18.5 billion worth of active projects from AES, including more than $2.4 billion worth under construction.

Within this article: Details on many of AES's active projects across the U.S., including some of its major battery energy-storage system (BESS) plans.

Other companies featured: NextEra Energy Incorporated (NYSE:NEE)