AES Corp.

  • AES Indiana Switching Last Coal Units to Gas, Adding Solar and Storage

    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 […]

  • How Grid Enhancing Technologies Are Expanding Electric Power Transmission System Capabilities

    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. […]

  • Indiana Utility Will Convert Remaining Coal Units to Burn Natural Gas

    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 […]

  • AES Announces Addition of 3.5 GW of Renewables

    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 […]

  • Avantus Completes Sale of Nation’s Largest Permitted Solar and Integrated Storage Project to AES

    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 […]

  • Group Says U.S. Utility Will Build $13 Billion Offshore Wind Project in Vietnam

    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 U.S. Solar Companies Announce Consortium to Spend More Than $6 Billion on Solar Modules and Support Expansion of Domestic Supply Chain

    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 […]

  • Robots and Modular Designs Lead to Faster and Safer Solar Farm Construction and Maintenance

    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 Power & Light Company names energy industry leader Kristina Lund as president and CEO

    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 […]

  • DOE Issues Emergency Order to Alleviate California Power Crisis

    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 […]

  • A Multi-Layered Reinvention: AES Southland Projects

    Recognizing excellence in creative problem-solving to give a project new life and a new role, POWER magazine’s 2020 Reinvention Award goes to two gas-fired power plant construction projects completed

  • Data Is the New Power: Key Learnings from a Successful ERP Migration

    Enterprise resource planning (ERP) software allows an organization to use a system of integrated applications to manage and automate many business functions related to operations, technology, services, and

  • Obrador Administration Rolling Back Energy Reform in Mexico

    The future of energy in Mexico is being shaped by the administration of President Andrés Manuel López Obrador, who wants state-owned energy companies to have more influence over the country’s power

  • Last New York Coal Plant Set to Close

    The last operating coal-fired power plant in New York state could close by mid-February. Somerset Operating Co. on Nov. 15 asked the New York State Public Service Commission to waive the state’s 180-day notice requirement to shutter the 675-MW plant, asking regulators to allow the facility to close as early as Feb. 15, 2020. Somerset […]

  • IPL Accelerates Toward a Cleaner Energy Future with Completion of Eagle Valley Natural Gas Plant

    New power plant generates cleaner, more reliable, and efficient energy at a reasonable cost to customers INDIANAPOLIS–(BUSINESS WIRE)–Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), announces a historic milestone has been met as the 671 megawatt Combined-Cycle Gas Turbine (CCGT) natural gas plant reached substantial completion and began commercial […]

  • Six Forces Disrupting the Power Sector

    Multiple disparate trends could forcefully reshape power systems around the world. As electricity markets transform, technologies advance, industries converge, consumption patterns change, environmental

  • AES and Mitsubishi Corporation to Deliver India’s First Grid-Scale Energy Storage Array to Tata Power DDL

    Advancion® deployment will solve critical infrastructure challenges on Delhi electric grid NEW DELHI, India, January 12, 2017 – AES India, a subsidiary of The AES Corporation (NYSE:AES) and Mitsubishi Corporation, today announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata […]

  • Six People Injured by Explosion at Ohio Coal Power Plant

    An incident at J.M. Stuart Station—a 2,318-MW coal and diesel generating facility operated by Dayton Power and Light Co. (DP&L)—resulted in six people being treated for non-life-threatening injuries. Several media outlets referred to the event as an explosion, citing nearby residents’ accounts of the incident. At least a few people said they heard and felt […]