Recently, AES Corporation (AES) has shown significant development in their renewable energy initiatives. AES HawaiΚ»i launched KΕ«ihelani, the largest solar power facility in Hawaii. Furthermore, following the closure of Hawaii's last coal plant in 2022, AES has expanded its renewable energy sources. Moving onwards, AES has enlisted AI to enhance its sustainable energy business, with collaborations with AI funds to advance AI-driven energy solutions. It was also noted that the company experienced strong financial growth within the first quarter. Following the completion of a total of 3.5 GW of renewables in 2023, it announced a raise in its long-term guidance. Also, they held a webcast about data centers and the demand for renewable energy. On a broader spectrum, AES Corporation's remarkable Q2 profits exceeded expectations, while the increasing growth in renewable energy in Houston drives the company's expansion. Lastly, AES has been given the go-ahead to construct a 200MW, 4-hour battery energy storage system (BESS) at a retiring coal plant in Indiana.
Aes Corporation AES News Analytics from Tue, 26 Sep 2023 07:00:00 GMT to Sun, 08 Sep 2024 15:26:00 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -1
