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.
