Siemens and AES Energy Storage have created storage supergroup Fluence, with a first big contract being the 100 MW/400 MWh project for Southern California Edison in Long Beach. The company is also working on an array of smaller projects that will be installed over time at its facilities around the world. Fluence will receive dedicated financing from Siemens Financial Services, which will shorten the time taken to finance projects and offer a range of products for Fluence customers. The company has also launched SunFlex, a service providing unified controls and power conversion for co-located solar and storage.
Siemens and AES Energy Storage have created storage supergroup Fluence, with a first big contract being the 100 MW/400 MWh project for Southern California Edison in Long Beach. The project will give Fluence entry into what COO John Zahurancik called the "100 megawatt club". Fluence will receive dedicated financing from Siemens Financial Services, which will shorten the time taken to finance projects and offer a range of products for Fluence customers. The company has also launched SunFlex, a service providing unified controls and power conversion for co-located solar and storage.