The Competition Commission of India (CCI) has approved the acquisition of the entire stake held by US-based AES Corporation in Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Ltd (OHPC). In a release, CCI said that Read more
Fluence, a Siemens and AES company, announced that it has acquired the digital intelligence platform of AMS, the leading provider of AI-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two Read more
Fluence, an energy storage technology company jointly owned by Siemens and AES, was in the news recently as it supplied its “Advancion” technology to India’s first grid-scale battery-based energy storage system. This Read more
Siemens AG and The AES Corporation today announced their agreement to form a new global energy storage technology and services company under the name Fluence. The equal joint venture will bring together AES’ ten years of industry-defining experience Read more