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The AES Corporation

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The AES Corporation - Energy & Power showcase

Year Founded & Workforce

1981

9,000 Employees

Industry

Energy & Power

Services

Siestorage Energy StorageAdvancion Energy StorageSunFlex Energy Storage
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The AES Corporation Employee Contacts

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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

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Key Developments

DateApproachDevelopment
February 2019Partnership and CollaborationThe 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 2018Contract and AgreementAES 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

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: 2015 was USD 11,260 Mn in 2018.
The AES Corporation — By Business Segment
Series (USD Mn)2018
201511,260
201610,281
201710,530
201810,736

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