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AES Energy Storage
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Owner-operator of grid-scale advanced storage projects

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Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Arlington, VA Arlington, United States
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Parent Companies AES Corporation

Updated by Cleantech Group on 08/17/2021

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Date Company
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Date Partner Type
12/06/2012
Mitsubishi Corporation Mitsubishi Corporation
Mitsubishi will supply AES with a battery energy storage system for integration with a thermal power plant.
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Confirmed by Mitsubishi Corporation
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IPO INFORMATION

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Date Investors Type Amount
08/02/2010 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
The Department of Energy offered AES Energy Storage a conditional commitment for a loan guarantee to fund the development of a 20 MW energy storage system in Johnson City, New York.
Loan Guarantee $17,100,000
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