AES Corp.

An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]

It’s no secret that power grids around the world need to expand to accommodate more renewable energy and the so-called “electrification of everything.” The latter, of course, refers to the growing trend of using electricity to power various sectors and applications that have traditionally relied on fossil fuels, such as natural gas or petroleum-based products. […]

A major Indiana utility said it’s preparing to switch its remaining coal-fired power plant to burn natural gas. AES Indiana on March 12 said the two coal-burning units at its Petersburg Generating Station, in Pike County in southwestern Indiana about 100 miles west of Louisville, Kentucky, would stop using coal and start using natural gas […]

Virginia-based AES Corp. said the company added 3.5 GW of new renewable energy generation capacity to its global portfolio in 2023, an amount nearly double that built in the previous year. The projects, including solar power, wind power, and energy storage, were built in several locations worldwide, including the U.S., and will serve a variety […]

LOS ANGELES and SAN FRANCISCO, Calif — June 7, 2023 — Avantus (formerly 8minute) today announced the sale of the Bellefield project, the nation’s largest permitted solar project with integrated storage, to The AES Corporation. Located in Kern County, California, Bellefield will feature a total of one-gigawatt of solar and up to one-gigawatt of energy storage […]

Vietnamese officials said a U.S. utility company plans to develop a $13 billion, 4-GW offshore wind farm that would be sited off that country’s central province of Binh Thuan. Vietnam’s Ministry of Industry and Trade in a statement issued July 29 said AES Corp., a Virginia-based utility that operates in 15 countries, is behind the […]

Leading independent power producers, The AES Corporation (NYSE: AES), Clearway Energy Group (Clearway), Cypress Creek Renewables, and D. E. Shaw Renewable Investments(DESRI), have formed the US Solar Buyer Consortium to support expansion of the domestic solar supply chain and drive the growth of the American solar industry. “The consortium has a large and growing pipeline […]

Earlier this month, AES Corp. unveiled Atlas, a first-of-its-kind solar installation robot. The cutting-edge, artificial intelligence–enabled technology behind Atlas is a major advancement for the industry, making it faster, more efficient, and safer to construct new solar facilities, the company said. The innovative robot was designed by AES through a multi-year process and built in […]

INDIANAPOLIS (Oct. 29, 2020) — Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), announces Kristina Lund has been named president and CEO of the utility, which serves approximately 500,000 customers throughout central Indiana. “Kristina’s spirit of innovation and focus on customer insights makes her uniquely qualified to lead IPL […]

The U.S. Department of Energy (DOE) on Sept. 6 took the rare but drastic action of issuing an emergency order under the Federal Power Act (FPA) to authorize the maximum operation of three natural gas–fired facilities on the California Independent System Operator’s (CAISO’s) grid whose full capability had been stranded by federal air quality and […]