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Stock impact report

AES Breaks Ground on 400 MWh Energy Storage Project in Southern California

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Business Wire
Fluence Battery Storage System to Provide Sustainable, Reliable Energy for Southern California Edison Customers LONG BEACH, Calif.--(BUSINESS WIRE)--AES Alamitos, a subsidiary of The AES Corporation (NYSE: AES), announces the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a larger modernization and replacement project of the existing AES Alamitos Generating Station. The energy storage facility in Long Beach will provide up to 400 MWh of local energy to ensure power flexibility and reliability for Southern California Edison (SCE) customers, while helping the state meet its aggressive target of 100 percent clean energy by 2045.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190627005156/en/While the AES Alamitos facility was procured specifically to provide power at times of peak demand, it will also support grid modernization, increase the integra Show less Read more
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