Greentech Media | By: Julian Spector | July 11, 2017:
The new company, Fluence, will combine AES’ expertise in utility-scale storage with Siemens’ global sales and engineering resources.
Two of the biggest names in energy storage development have decided to join forces.
AES, a leader in megawatt-hours deployed, will launch a new company along with global energy systems provider Siemens. The jointly owned venture, dubbed Fluence, will scale up commercial and grid-scale storage deliveries worldwide.
The unprecedented move marks a pre-emptive consolidation of power in a young industry – and a new competitor for emerging market leader Tesla.
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