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Siemens and AES join forces to create Fluence, a new energy storage company

September 2017 News

Siemens and the AES Corporation have announced their agreement to form a new global energy storage technology and services company under the name Fluence. The joint venture will bring together AES’ ten years of industry-defining experience deploying energy storage in seven countries with over a century of Siemens’ energy technology leadership and its global sales presence in more than 160 countries. Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. The company will empower customers around the world to navigate the fragmented but rapidly growing energy storage sector, and meet their pressing needs for scalable, flexible, and competitive energy storage solutions.



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