AES Corp to deliver 100 MW energy storage project in Arizona
The AES Corporation has announced it was selected by Arizona Public Service to deliver a 100 megawatt 4-hour duration battery-based energy storage system. The project, owned and operated by AES, will provide critical peaking capacity and unmatched operational flexibility, enabling the most efficient use of renewable energy, lowering costs and emissions, and providing increased reliability for APS’ customers.
Under a 20-year agreement, AES will provide APS with the storage capabilities powered by Fluence’s Advancion platform.
The new 100 MW energy storage system is expected to begin operations in June 2021.
Country updates
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February 19, 2019
Natixis Securities Americas LLC Appointed by US Wind Inc. as Sole and Exclusive Financial Advisor of Maryland Offshore Wind Project
Natixis Securities Americas LLC in conjunction with US Wind Inc., a leader in renewable energy development and infrastructure projects and subsidiary of Toto Holdings SpA., a privately owned construct...
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February 19, 2019
Fortress Transportation and Infrastructure Investors seals debt for gas-fired power project
Fortress Transportation and Infrastructure Investors LLC (FTAI) has made a final investment decision to move forward with its 485 MW power plant project at the Long Ridge Energy Terminal. On Fe...
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February 18, 2019
LNG project in US receives final Environmental Impact Statement
The U.S. Federal Energy Regulatory Commission has issued the final Environmental Impact Statement for Driftwood LNG, an approximately 27.6 million tonne per annum (mtpa) liquefied natural gas (LNG) ex...
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February 15, 2019
Banco Santander to sell 26.8% stake in 125 MW Crescent Dunes
Banco Santander plans to exit its indirect 26.80% passive equity stake in the Crescent Dunes concentrating solar thermal project. The stake will be directed to Cobra Energy. The financial terms are no...
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February 15, 2019
Sunpin and Direct Energy signs PPA deal for 97 MW solar project in US
Sunpin Solar and Direct Energy Business, part of Direct Energy have announced a renewable energy power purchase agreement for the full output of the recently completed ColGreen North Shore Power Plant...
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