AES Energy Storage, a subsidiary of AES Corporation, has signed contracts with utility San Diego Gas and Electric (SDG&E) to install two energy storage arrays with a combined capacity of 37.5MW.

Power firm AES India recently agreed to build the first large-scale battery-based energy storage project in India, working with consumer electronics and energy storage firm Panasonic India. Manish Kumar, managing director, energy storage, AES Corporation spoke to Energy-Storage.News to explain the potential of the Indian market and how the project will progress.

US-based Storage provider AES Energy Storage has made significant expansions away from established markets into relatively untapped regions across the globe.

Energy storage provider AES Energy Storage has signed a multi-year agreement for Korean battery supplier LG Chem to provide 1GWh of lithium-ion battery capacity for AES’s energy storage systems, which a US analyst has said could take around seven to eight years to install and be worth an estimated US$300 million.

AES Energy Storage has revealed details of its current project pipeline including its first deployments in Europe and expansions in Chile and California.