August 20, 2017 6:49 AM ET

Electric Utilities

Company Overview of AES Energy Storage, LLC

Company Overview

AES Energy Storage, LLC engages in power generation. The company was incorporated in 2007 and is based in Arlington, Virginia. AES Energy Storage, LLC operates as a subsidiary of The AES Corporation.

4300 Wilson Boulevard

Suite 1100

Arlington, VA 22203

United States

Founded in 2007

Phone:

703-522-1315

Key Executives for AES Energy Storage, LLC

President
Compensation as of Fiscal Year 2017.

AES Energy Storage, LLC Key Developments

Arizona Public Service and AES Energy Storage Bring Energy Storage to Arizona Customers

Arizona Public Service (APS) is bringing battery-based energy storage to the desert through a 4 megawatt (MW) energy storage agreement with AES Energy Storage which will provide enough storage capacity to power 1,000 homes. The pair of 2-MW AES Advancion energy storage arrays will be deployed as part of the APS Solar Partner Program (SPP), and represent AES' first installation in Arizona. The two Advancion battery arrays will be installed in Surprise and Buckeye, which have a total of 120 SPP customers and a high penetration of solar. The batteries will deliver energy to customers at the time of day when electricity is in demand and expensive. By bringing energy storage to these areas, APS can maintain reliable service for solar customers, even when the sun is down and solar panels are no longer producing power.

AES Energy Storage, LLC Presents at 12th Annual Western States Power and Gas Conference 2016, Nov-30-2016 11:00 AM

AES Energy Storage, LLC Presents at 12th Annual Western States Power and Gas Conference 2016, Nov-30-2016 11:00 AM. Venue: Hotel Nikko San Francisco, San Francisco, California, United States. Speakers: Kate McGinnis, Market Director, Western US.

AES Energy Storage to Deploy 37.5 MW of Advancion Energy Storage Arrays for San Diego Gas and Electric

The AES Corporation announced its subsidiary, AES Energy Storage, has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will install and commission two energy storage arrays totaling 37.5 MW using its Advancion energy storage solution at sites in San Diego County, California. The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy when operational by the end of January 2017. With the support of the California Public Utilities Commission, SDG&E leveraged an ongoing competitive solicitation to seek energy storage projects on an expedited basis. SDG&E selected Advancion 4, AES’ fourth generation battery-based energy storage platform and recipient of the Edison Electric Institute’s 2016 International Edison Award. Advancion is designed for rapid deployment and is a smart, dependable and cost competitive alternative to peaking power plants that improves existing electric infrastructure and enables a greater penetration of clean energy resources. The SDG&E Advancion arrays will be able to provide 37.5 MW of power for four continuous hours and serve as a 75 MW of flexible resource to the grid. The arrays will be installed at two SDG&E substation facilities: 30 MW in Escondido and 7.5 MW in El Cajon. Once completed, the Escondido array will be the battery-based energy storage project in operation in the United States. Both arrays will incorporate components from Advancion certified suppliers, including batteries by Samsung SDI and power conversion systems by Parker Hannifin.

Similar Private Companies By Industry

Company Name Region
3 Phases Renewables, LLC United States
Abacus Resources Energy, LLC United States
Access Energy, LLC United States
Adams Electric Cooperative, Inc. United States
Adams-Columbia Electric Cooperative United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact AES Energy Storage, LLC, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.