Latest news for AES 
AES Solar Energy reaches financial close on 8 MW Torchiarolo solar PV project in Italy(16/07/2010)
AES Solar Energy Ltd has announced that one of its subsidiaries closed on long-term non-recourse financing facilities of €31 million to finance the construction of the 8 MW Torchiarolo solar photovoltaic (PV) facility project, located in the Puglia region of Italy. David Sundstrom, AES Solar Country Manager for Italy stated, “Reaching financial close on the 8 MW Torchiarolo project, our second solar PV project in Italy this year, demonstrates ... [more]
AES Wind Generation acquires British and Polish wind developers(09/04/2010)
AES Wind Generation has acquired Your Energy Ltd (YEL), a United Kingdom (U.K.) based wind developer, and also has signed an agreement to acquire a 51 percent stake in a wind portfolio from 3E, a Polish wind developer. Together the investments will add more than 700 MW to AES Wind Generation’s European pipeline and will require $400 million of AES equity over five years. Of that amount, $120 million of AES equity will be invested in order to ... [more]
AES Wind Generation starts commercial operation for Armenia Mountain wind farm in Pennsylvania(07/01/2010)
AES Wind Generation, a wholly-owned subsidiary of The AES Corporation, has announced the start of commercial operation for its 101 MW Armenia Mountain wind farm in Pennsylvania. Located in north central region of Pennsylvania in Tioga and Bradford Counties, the wind farm is comprised of 67 1.5 MW GE SLE wind turbines. Marty Crotty, President of AES Wind Generation, said, “Armenia Mountain is our first wind project in PJM Interconnection, which... [more]
Hybrid-APU helps manage fluctuations in demand in Chile(20/11/2009)
AES Energy Storage and A123 Systems have announced the commercial operation of a 12 MW frequency regulation and spinning reserve project at AES Gener’s Los Andes substation in the Atacama Desert, Chile. The project will help improve the reliability of the electric grid in Northern Chile and uses A123 Systems' Hybrid Ancillary Power Units (Hybrid-APU™), a lithium-ion battery system. AES Energy Storage and AES Gener are both subsidiaries of The AES... [more]
AES Solar Energy Secures 70 Million Euros Financing for Photovoltaic Projects in Spain(22/01/2009)
AES Solar Energy Ltd, a joint venture between The AES Corporation and Riverstone Holdings LLC, has announced that one of its subsidiaries closed a €70 million non-recourse debt facility for five of its photovoltaic (PV) projects in Spain. The loan was extended by UniCredit Mediocredito Centrale of Italy and Rabobank of the Netherlands. The financing is at an initial margin of 255 bps to EURIBOR per annum and it is amortized based on an underl... [more]
AES and Riverstone Solar Joint Venture to develop global platform of utility-scale solar photovoltaic projects (14/04/2008)
The AES Corporation and Riverstone Holdings LLC have announced that they have committed up to $1 billion as part of a new joint venture to develop a global platform of utility-scale solar photovoltaic (PV) projects. Under terms of the agreement, AES, one of the world’s largest global power companies, and Riverstone, a New York-based energy and power-focused private equity firm, will each provide up to $500 million of capital over five years to in... [more]
Other environmental systems and equipment news
EcoFriend products and systems:
Renewable energy -
Recycling and waste management -
Sustainable development -
Company news -
Product news
Applications:
Home and residential -
Offices and commercial -
Industrial -
Transportation -
