AES and Siemens partner to form storage company Fluence Energy

By Kathie Zipp Fluence Energy, an energy storage technology and services company jointly owned by Siemens and The AES Corporation, announced the receipt of all government approvals and authorizations and the launch of business operations on January 1, 2018. Fluence combines the engineering, product development, implementation and services capabilities of AES
Energy Storage and Siemens’ energy storage team and embarks on an aggressive expansion of the business backed by the financial support of the two parent organizations.
Fluence is also announcing that it will be the supplier of the world’s largest lithium-ion battery-based storage project, a 100 MW/400 MWh (4-hour duration) installation in Long Beach,

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