AES and Siemens have partnered to launch a new energy storage startup company, called Fluence Energy.
Fluence is expected to become the supplier of AES’ Alamitos power centre energy storage project in Long Beach, California and is currently
Stephen Coughlin, president and CEO of Fluence comments:
“We continue to believe in and deliver on the promise of energy storage to reduce costs, improve power systems, and create a more sustainable future. However, we saw customers struggling to find a trusted technology partner with deep knowledge of the power sector and the ability to deliver an industrial grade solution they could count on to be there in the future. With a team drawn from both Siemens and AES, we are fluent in the power sector and bring the capabilities, global reach and experience to make sure our customers achieve the full value of storage.”
According to AES and Siemens, Fluence instantly became a global leader in energy storage as it has “nearly 500 MW deployed and awarded across 15 countries.”
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