Also on the rise: Duke Energy launches an EV adoption support business, Boralex closes on a portfolio deal, Priority Power acquires Satori Energy, Fourth Wave spins off a business unit, and Punxsutawney Phil digs solar.
Also on the rise: Republic says ‘I do’ to Romeo on electric trash trucks, Lux names top 20 startups for 2020, ReneSola raises $250 million, and New Jersey regulators approve an EV infrastructure plan.
AES and Siemens will remain major shareholders and will continue to support Fluence’s long-term growth. The company currently has 2.4 GW of projects deployed or awarded across 24 countries and territories worldwide.
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Featuring a monitoring system that tracks system performance, a comprehensive operating platform and stackable system design, Fluence claims its new solution is capable of reaching gigawatt-sized deployments while driving project costs down as much as 25%.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
In this episode of SunCast, Nico talks with Tim Effio, head of Latam & Caribbean markets for Fluence on the macro and micro implications of Solar + Storage and its integration into emerging markets.
Fluence has been awarded or built more than 1 GW of energy storage capacity in 95 unique projects across 20 countries. Now, the company – a joint venture between Siemens and AES –is modeling the future of the power grid to predict where its expertise will be utilized next.
AES announced the groundbreaking of its Alamito Energy Center, a 100 MW / 400 MWh battery for electric utility SoCalEdison, which is being constructed as a full on building – much like a data center.
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