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Stock impact report

AES and KIUC Make History with World’s Largest Solar PV Peaker Plant

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Business Wire
Solar + Storage System Inaugurated by AES and KIUC Today ARLINGTON, Va.--(BUSINESS WIRE)-- The AES Corporation (NYSE: AES) and Kaua’i Island Utility Cooperative (KIUC) today inaugurated the Lawa’i Solar and Energy Storage Project, the largest operational solar and storage system in the world. The project, owned and operated by AES Distributed Energy, consists of a 28 MW solar photovoltaic (PV) and a 100 MWh five-hour duration energy storage system, and will help Hawaii meet its goal of reaching 100 percent renewable energy by 2045. The new PV peaker will deliver roughly 11 percent of Kaua’i’s power, making the island more than 50 percent powered by renewables. “Kaua’i has adopted an ambitious renewables mandate and the Lawa’i project will help reduce its reliance on fossil fuels while generating clean, reliable and affordable energy,” said Andrés Gluski, AES President and Chief Executive Off Show less Read more
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