AES Energy Storage, a subsidiary of The AES Corporation (NYSE: AES), is the owner-operator of advanced storage projects that provide emissions-free capacity to improve the performance and reliability of today’s power grid. Emissions-free capacity is a fast and flexible power system resource, combining patented software, dynamic power control and storage technology. AES Energy Storage deploys and operates emissions-free capacity projects to help utilities, power markets and renewable developers level the variability of generation and demand on the grid, reduce operating costs, and meet future power system needs. Established in 2007, AES Energy Storage currently has 76MW of battery based energy storage in operation and construction and 500MW in development.
About The AES Corporation
The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we safely provide affordable and sustainable energy in 29 countries. Our workforce of 27,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2009 revenues were $14 billion and we own and manage $40 billion in total assets. To learn more, please visit www.aes.com.