- T&D India
- Jul 11, 2017
Siemens AG and The AES Corporation today announced their agreement to form a new global energy storage technology and services company under the name Fluence. The equal joint venture will bring together AES’ ten years of industry-defining experience deploying energy storage in seven countries with over a century of Siemens’ energy technology leadership and its global sales presence in more than 160 countries, a release from Siemens said.
Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. The company will empower customers around the world to better navigate the fragmented but rapidly growing energy storage sector and meet their pressing needs for scalable, flexible, and cost-competitive energy storage solutions. Read more