Tata Power plugs in giant energy storage system in India

It is said to be the largest project of its kind in South Asia

EU approves Siemens-AES energy storage joint venture

A joint venture between German engineering firm Siemens and US energy company AES to serve the energy storage market has been approved by the EU Commission. Based in Washington, Fluence Energy will develop and market battery-based energy storage solutions. The Commission said the deal would not raise any competition concerns because of the limited overlap […]

Siemens-AES charge ahead with energy storage venture

Siemens and AES have teamed up to create a new global energy storage technology and services company. They will have joint control of Fluence, with each company holding a 50% stake and the headquarters will be located in Washington, DC. AES and Siemens have together deployed or have been awarded 48 projects totalling 463MW of […]

French and US utilities team up to sell LNG

French and US utilities have joined together to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will utilise the Costa Norte LNG terminal currently under construction in Panama. The ownership of the site is split 50/50 between AES and Panama firm Inversiones Bahía. The total capacity of the terminal is approximately 1.5 million tonnes per annum (mtpa), […]

Greencoat buys stake in UK wind farms for £90.6m

Renewable infrastructure fund Greencoat UK Wind is buying a 51.6% stake in four wind farms in England and Scotland for £90.6 million. The transaction includes the Sixpenny Wood, Yelvertoft, North Rhins and Drone Hill facilities –all of which were developed by AES and have a total generating capacity of 87.5MW. Tim Ingram, Chairman of Greencoat […]

UK ‘needs capacity payments for energy storage’

The UK is lagging behind the States on energy storage technologies as there is no payment mechanism for the market. That’s the view of Bali Sahdra, Senior Business Development Manager at AES, an energy storage company, who said the UK is “almost five years behind” in comparison to the US. She told ELN investors need […]

Big battery to store wind power at Irish power plant

An energy storage array is to act like a giant battery for wind turbines in Northern Ireland. The American-run company behind the 100MW energy store has put forward plans to get a grid connection for wind turbines off the coast from the Kilroot coal plant in Belfast. The storage array could be ready as early […]