AES Corp

More News and Commentary

Ohio lawmakers seek to remedy scandal-tainted efficiency measures

Associated Press: Ohio power companies could once again offer energy efficiency programs such as smart thermostats or appliance rebates, the cost of which would be covered by customers under new legislation aimed at restarting such programs after a now-tainted energy bill killed them off. The nuclear plant bailout law approved in 2019 paved the way […]

August 17, 2021 Read More →

AES Indiana to buy big solar-plus-storage project from NextEra Energy

ReNews.biz: AES Indiana today announced plans to acquire and construct the 250MW Petersburg solar plus storage facility in the U.S. state of Indiana from NextEra Energy Resources for an undisclosed price. The project, in Pike County, will have 180 megawatt-hours of storage capacity. It will be connected to AES Indiana’s existing Petersburg generating station and […]

August 4, 2021 Read More →

AES accelerates closure of 1,097MW of coal units in Chile

Argus Media: US utility AES is accelerating the shutdown of 1,097MW of coal-fired power generating units in Chile, in line with the greening of its corporate strategy and the country’s decarbonization plan. Ventanas units 3 and 4 in the central coastal city of Puchuncavi and Angamos 1 and 2 in the northern port city of […]

July 7, 2021 Read More →

Hawaii gives green light to 185MW storage plan

S&P Global Market Intelligence ($): As part Hawaii’s bid to wean itself completely off fossil fuel-fired power, state regulators approved Hawaiian Electric Co. Inc.’s 20-year power purchase agreement with an affiliate of San Francisco-based developer Plus Power for its 185-MW/565-MWh Kapolei Energy Storage Project in an industrial corner of Honolulu County. The Hawaiian Electric Industries […]

May 5, 2021 Read More →

Solar, wind replacing nuclear, according to 2021 U.S. power plans

S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc. market, according to an S&P Global Market Intelligence analysis. Overall, 63,667 MW of new resources are projected to come into service, while 10,693 MW […]

April 27, 2021 Read More →

Chile takes Latin America lead for early works renewables pipeline

Bnamericas ($): A flurry of large and small-scale renewable projects totaling US$2.6bn in new investments have been filed for environmental approval in Chile over the past month. According to environmental agency SEA, eight large-scale projects were presented in April for a combined investment of US$1.68bn, together with 93 smaller projects totaling US$954mn. The news highlight […]

April 27, 2021 Read More →

Enel, AES unit close coal plants in Chile

Power: Italy’s Enel is decommissioning one of its coal-fired power plants in Chile two years sooner than originally planned, with the unit’s closure coming two days after the Chile-based unit of a U.S. utility announced it would accelerate the closure of a pair of coal-fired power plants in the country. Enel on Dec. 31 is […]

January 4, 2021 Read More →

AES Gener begins work on largest battery storage facility in Latin America

Energy Storage News: AES Gener has held a virtual groundbreaking ceremony to mark the start of construction on a 112MW / 560MWh battery energy storage system project in Chile, Latin America. Multinational electric power generation and distribution company AES Corporation’s local subsidiary said the system, which can store power from nearby solar and wind facilities […]

October 26, 2020 Read More →

Hawaiian Electric seeks approval for 300MW of new solar, 2,000MWh of storage

PV Tech: Hawaiian Electric has submitted eight contracts representing nearly 300MW of solar energy generation and about 2,000MWh of energy storage to be built on the islands of Oahu and Maui. The investor-owned utility has sent the contracts to the Public Utilities Commission (PUC) for review and approval. The projects form part of Hawaii’s largest […]

September 18, 2020 Read More →

U.S. energy storage industry sets 100GW installation goal by 2030

S&P Global Market Intelligence ($): Building on a breakout year for U.S. energy storage developers, the industry has released a roadmap for the addition of 100,000 MW, or 100 GW, of new storage resources by 2030. “The role energy storage can and will play in enabling the transition of electricity generation from fossil to renewable […]

August 25, 2020 Read More →