How does AES’s partnership with Fluence contribute to the development of grid-scale energy storage

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AES’s partnership with Siemens to form the joint venture Fluence significantly advances the development of grid-scale energy storage by combining the strengths and expertise of both companies into a global leader in energy storage technology and services.

Key contributions of this partnership to grid-scale energy storage include:

  • Combining Decades of Experience and Technology: AES brought over a decade of industry-defining experience in utility-scale, battery-based energy storage with its Advancion platform, already deployed in seven countries and totaling more than 200 MW. Siemens contributed more than a century of energy technology leadership and a global sales network spanning over 160 countries. This powerful combination enables Fluence to offer a broad and proven portfolio of energy storage solutions optimized for various customer applications.
  • Global Scale and Reach: Fluence leverages Siemens’ extensive international presence and AES’s operational experience to serve customers worldwide. Fluence operates in over 160 countries and manages large-scale projects across multiple continents, enabling faster adoption and integration of energy storage systems in emerging and established markets alike.
  • Diverse Product Offerings: By integrating AES’s Advancion and Siemens’s Siestorage platforms, Fluence provides flexible, scalable, and cost-competitive energy storage options tailored to specific use cases, such as utility-scale storage, microgrids, and hybrid renewable systems. This helps utilities better manage grid reliability, accommodate increasing renewable energy penetration, and reduce emissions.
  • Accelerating Renewable Integration: The partnership accelerates the transition to cleaner energy by deploying energy storage technologies that facilitate higher renewable penetration and grid stability. Projects like hybrid microgrids, which combine renewable generation and battery storage, demonstrate how Fluence helps reduce fuel use, costs, and emissions while improving power reliability in remote or islanded grids.

Overall, AES’s partnership with Siemens through Fluence creates a global powerhouse that drives innovation, deployment, and commercial adoption of grid-scale battery energy storage solutions, thereby supporting the modernization and decarbonization of electric grids worldwide.

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