Fluence energy storage JV unveils 400-MWh project in California

[NeoGreen]

https://renewablesnow.com/news/fluence-energy-storage-jv-unveils-400-mwh-project-in-california-597467/

Fluence energy storage JV unveils 400-MWh project in California
January 12 (Renewables Now)

Fluence Energy LLC will supply a 100 MW/400 MWh battery storage project in California, the energy storage specialist formed by Siemens AG (ETR:SIE) and AES Corp (NYSE:AES) said Thursday.

The Alamitos energy storage facility is touted as the largest lithium-ion battery-based project globally. It will serve the Southern California Edison and the Western Los Angeles area.

Siemens and AES in the summer of 2017 agreed to form the 50/50 energy storage joint venture. It now announced the official launch of business operations from the start of January, after receipt of the relevant government approvals and authorisations. Yesterday, Fluence also said it will have a sales presence in 160 countries through Siemens global sales network.

“With a team drawn from both Siemens and AES, we are fluent in the power sector and bring the capabilities, global reach and experience to make sure our customers achieve the full value of storage,” said president and chief executive Stephen Coughlin

[Kolesar]

1. Lithium Ion batteries excel at energy density

They are a fortunate development leading to electric cars and laptop PCs. Is energy density a big requirement for energy storage facilities? Would lead acid be suitable or cost effective?

Musing on a Monday morning