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The AES Corporation Wins EEI’s 2019 Edison Award
PHILADELPHIA (June 10, 2019) – The AES Corporation today received the Edison Electric Institute’s (EEI’s) 2019 Edison Award, the electric power industry’s most prestigious honor. A panel of former energy company chief executives selected AES for the 91st annual award from a group of distinguished finalists. 

In December 2018, AES made history by bringing the world’s largest operational solar-plus-storage system online, creating a new model for stabilizing large-scale renewable energy. Designed for the Kaua’i Island Utility Cooperative (KIUC), this first-of-its-kind DC (direct current)-coupled solution, dubbed “the PV Peaker Plant,” fully integrates photovoltaic cells and storage at unprecedented scale to transform variable renewable energy generation into safe, reliable, and readily dispatchable power. This project will deliver roughly 11 percent of the island’s power, bringing the State of Hawaii one step closer to achieving its goal of being powered by 100 percent renewable energy by 2045.

“America’s electric companies are increasingly partnering with technology companies to develop and deploy innovative new solutions to address the specific needs of their customers,” said EEI President Tom Kuhn. “The PV Peaker Plant designed by AES allows KIUC to shift roughly 100 megawatt-hours of solar energy gathered during the day to the evening peak, enabling energy grid operators to utilize solar energy well past sundown. The AES Corporation is helping the sun work harder for KIUC’s members, and this project puts the co-op a big step closer to reaching its goal of generating 70 percent of its energy from renewable resources by 2030.”

“We are very honored to receive this prestigious award from EEI in recognition of our innovative and groundbreaking Lawa’i solar + storage project,” said Andrés Gluski, President and CEO of The AES Corporation. “This project, which was designed in conjunction with KIUC, will help their community realize their vision of a green energy future that is reliable and affordable. The Lawa’i project proves that solar + storage can provide around-the-clock renewable energy and creates a footprint for replacing traditional forms of power generation in many other markets around the world.” 

“Congratulations to the outstanding team at The AES Corporation for their terrific achievement in earning the 2019 Edison Award,” said Kuhn. 

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