AES Commissions Alamitos Energy Storage Facility in Long Beach, California
Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers
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LONG BEACH, Calif., Jan. 27, 2021 /PRNewswire/ The AES Corporation (NYSE: AES) has commenced operations of the Alamitos battery energy storage system (BESS), one of the world s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 megawatt-hours (MWh) of energy to ensure greener, smarter and more reliable power to Southern California Edison (SCE) customers, while also helping the State of California meet its sustainability goal of 100 percent carbon-free energy by 2045.
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Fluence Announces Investment from Qatar Investment Authority to Accelerate Growth and Global Deployment of Grid-Scale Energy Storage Technology
[December 30, 2020]
Fluence Announces Investment from Qatar Investment Authority to Accelerate Growth and Global Deployment of Grid-Scale Energy Storage Technology
ARLINGTON, Va. and DOHA, Qatar and MUNICH, Dec. 30, 2020 /PRNewswire/  Fluence, the leading global energy storage solutions provider, announced today that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction. Consummation of the transaction is subject to the satisfaction of customary closing conditions, including regulatory clearances. QIA s investment brings another strong financial partner to The AES Corporation (AES) and Siemens joint venture, further supporting Fluence s mission to transform the way we power our wo