Two Giants, Siemens and AES, Create ‘Fluence’ to Pursue Global Energy Storage Market

fluence

Siemens and AES have joined forces to create Fluence, a joint venture with an ambitious goal to capture major segments of the energy storage market worldwide. The deal brings together two mega-energy companies. Siemens offers a range of energy services and technology in 160 countries. AES serves 10 million utility customers and operates 30 … [Read more...]

Big Players Spin the Wheel for the $45B Energy Storage Jackpot

energy storage market

Players in the booming energy storage market are like contestants running the board on "Jeopardy” before solving the puzzle on "Wheel of Fortune.” Investors are taking risks and companies are striking deals in rapid rounds, chasing a big jackpot that is expected to reach $20.5 billion (Navigant Research) to $45 billion (AES) globally by … [Read more...]