Join us on April 30th for our 2025 Global Food & Beverage Project Spending Outlook! RSVP Today!
Sales & Support: +1 800 762 3361
Member Resources
AES Turns to Indiana with Latest Battery-Storage Development

July 24, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--AES Corporation (NYSE:AES) (Arlington, Virginia) hopes its Indiana-based subsidiary can refurbish parts of a retiring coal-fired power plant to accommodate a battery energy-storage system (BESS). The plant already is being converted to burn natural gas, but AES believes a BESS could help it make up for capacity shortfalls predicted for the winter months, according to the company's recently published integrated resource plan. Industrial Info is tracking about $1.8 billion worth of BESS projects in Indiana, and $4.35 billion worth nationwide from AES. The company already is preparing to begin construction later this year on a major solar development nearby, and NextEra Energy Incorporated (NYSE:NEE) is preparing its own BESS projects elsewhere in the state. Other companies featured: Canadian Solar Incorporated (NASDAQ:CSIQ) and Jinko Solar (NYSE:JKS).

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×
Contact Us

For More Info!