The AES Corporation

The AES Corporation Overview

Company Headquarters: Virginia, US

Founded: 1981

Workforce: ~9,000

Company Working: The AES Corporation is a leading company with a diverse portfolio of distribution businesses and thermal and renewable generation facilities. It primarily focuses on providing energy solutions that enhances various technologies that are based on coal, diesel, gas, oil, coke petroleum, and renewables. The company’s products have applications in hospitals, homes, schools, and commercial facilities. It provides safe, reliable, and sustainable energy storage solutions. The company specializes in developing and operating energy generation individual solar PV projects and solar PV projects that are combined with energy storage project systems.

It operates in the UK, Argentina, Pakistan, China, Hungary, and Brazil.

Strategy

The AES Corporation focuses on developing innovative products and solutions by investing in research and development. It primarily focuses on investing in incorporating new technologies and software solutions in its energy storage products. The company provides financing, project certainty, and deployment services for energy storage and execution of projects. This service helps the company create an exceptional portfolio of products and services to cater to all the demands of its clients, effectively

Company Snapshot

$11,260M

Revenue

9,000

Employees

1981

Founded

Virginia, US

Headquarters

SWOT Analysis

Strengths

Increasing revenue balances financials stability
Strong market position
Skilled workforce

Weaknesses

Complex organization resulting in weak decision making

Opportunities

Increasing focus on renewable energy generation
strategic mergers and acquisitions

Key Developments

Date	Approach	Development
February 2019	Partnership and Collaboration	The AES Corporation and Mitsubishi Corporation collaborated with Tata Power for broader adoption of its grid-scale energy storage technologies across India. This increased its market share in Asia-Pacific
February 2018	Contract and Agreement	AES Distributed Energy, a subsidiary of The AES Corporation, and Kauai Island Utility Cooperative (KIUC) initiated the Lāwa’i Solar and Energy Storage Project on Kauaʻi's south shore.

Product Offering

The AES Corporation
- Siestorage Energy Storage
- Advancion Energy Storage
- SunFlex Energy Storage

Financial Performance

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