Siemens Siestorage image

Siemens Teams with AES in Venture to Build Large Scale Energy Storage Offering

The new joint venture, named Fluence, will produce battery-based grid-scale energy storage systems.

As utilities grapple with the challenges of integrating intermittent renewables into their grids the key technology everyone looks to for a solution is gaining momentum. High profile announcements by energy storage system manufacturers, such as Tesla’s recent deal with French utility Neoen to build 100MW of battery storage for the Australian grid in 100 days grabbed headlines well beyond the utility market.

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TAGS: Utility
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