The AES Corporation has announced its acquisition of the 2GW Bellefield solar-plus-storage project, currently in the late-stage development phase, from Avantus (formerly 8minute) for an undisclosed price. The Bellefield project, situated in Kern County, California, holds the distinction of being the largest permitted solar-plus-storage project in the US. This acquisition not only strengthens AES’ presence […]
Industrial gases company Air Products and AES Corporation, an American utility and power generation company, have joined forces to construct a new green hydrogen project in Wilbarger County, Texas. As part of the collaboration, the companies are planning to invest around $4bn to build, own and operate the green hydrogen manufacturing plant. The green hydrogen […]
Global power company AES Corporation said that its fully-owned subsidiary – AES Holdings Brazil (AES Brasil) has signed a deal worth BRL 1.27 billion ($246 million) to acquire an 18.5% stake in AES Tietê from BNDES Participações (BNDESPar). AES Tietê is a Brazilian power utility which has 3.7GW of renewable generation in operation or under […]
AES Corporation said that the $1.2 billion AES Colon LNG hub, the first liquefied natural gas (LNG) hub in Panama and Central America has started commercial operations. The AES Colon LNG hub, comprises an LNG tank with a storage capacity of 180,000 m3 and a 381MW combined cycle power plant – which started commercial operations […]
US-based electric utility AES Corporation has been given approval by the Vietnamese government to develop the Son My 2 power plant, a 2.2GW combined cycle gas turbine (CCGT) facility to be built in Binh Thuan, Vietnam. Located in the south-central part of Vietnam, the Son My 2 power project will be supported by a 20-year […]
US electric utility AES and its partner Panamanian Inversiones Bahía have inaugurated AES Colon, a 381MW gas-fired power plant and a liquefied natural gas (LNG) receiving terminal in the Colon province in Panama. The combined cycle power plant, and the LNG storage tank and regasification terminal, represent a total investment of $1.15 billion. While the […]