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Highest standards for slowing climate change

AES President and CEO Andrés Gluski: Decarbonizing the economy is a tremendous challenge. AES is the biggest supplier of renewable energy to corporations in the world and to the large tech companies, which have the most ambitious goals and also the highest standards. We’ve been an innovator in bringing new technologies to the sector.

Why companies turn to AES to meet their decarbonization goals

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AES named #1 in clean energy globally for corporations

AES claimed the top spot as the #1 global clean energy developer for corporations in 2021 and 2022 according to BloombergNEF (BNEF).

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Accelerating progress toward our own ambitious climate targets

We’re on track to exit the majority of our remaining coal generation by 2025, triple renewables capacity by 2027 and reach net-zero emissions from electricity sales by 2040.

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AES is leading a responsible and just transition

We are leading the energy transition journey across energy security, green electricity and the electrification of everything.

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Enabling the energy industry to rapidly decarbonize through our innovative businesses

Our scalable businesses in energy storage, digital energy efficiency, innovative solar solutions and electric vehicles are growing rapidly to enable other organizations to meet their sustainability goals.

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Driving clean energy policy

We work with industry peers and governments to drive reliability, affordability and clean energy adoption.

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Empowering individuals to easily reduce their carbon footprint

Together with our partners, we’ve supported the launch of new technologies that makes it easier for individuals to choose to shift to greener energy sources right from home.

How AES and Wells Fargo are forging what’s next to accelerate energy transition

Renewables leadership

AES is leading the global energy transition, partnering with customers to help achieve ambitious sustainability goals and developing the renewable energy solutions the world needs to decarbonize.

Green energy innovation

We are pioneers leading the development of new technologies that drive the energy transition forward, faster and at scale.

Smart grid

Resilient transmission & distribution infrastructure and digital solutions to enable the energy transition

Reliable, greener energy

Delivering diverse and tailored solutions to ensure reliability and accelerate a responsible and just energy transition.

Together with communities toward a responsible, inclusive and just transition

We are improving lives and empowering communities to advance a low carbon future through our impact on our planet and people.

AES Brasil Women Wind

Brazil’s first wind farms operated by women

AES Brasil, together with SENAI, graduated 100+ talented women from the Technical Specialization course in Maintenance and Operation of Wind Farms. AES Brasil’s Cajuína Wind Complex will become the second wind project to be operated entirely by women, following our Tucano Wind Complex in Bahia. These two wind farms are now the first in the country to have exclusively female teams overseeing local operation and maintenance.

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Growing agrivoltaics in Massachusetts

AES’ Grafton solar project is an innovative 2 MW AC community solar farm with 1.4 MW AC of battery energy storage that combines clean energy production, crop cultivation, and research partnerships to advance the field of agrivoltaics.

Hawaii Team at Plant

Developing the workforce of the future in Hawaii

In 2022, AES retired 206 MW of coal generation and signed agreements for 431 MW of new solar, wind and energy storage projects in Hawaii. In advance of retirement, we worked with stakeholders to develop a responsible transition plan.

 

AES Panama Reforestation Isla Galeta Mangroves

Reforesting Panama’s coastlines

In a partnership between AES Panamá Foundation and Wetlands International near AES’ Colón facility, 40+ AES volunteers supported the reforestation and cleanup of a protected area by planting 300 mangroves native to the area. Mangroves increase biodiversity and serve as a natural barrier for Panama’s coastlines, which helps to address a range of challenges, including climate change mitigation and ensuring food and water security.

More about AES and sustainability

Find out what we’ve been doing to accelerate a net-zero future.

Improving Lives Report 2022

ESG Indicators

AES announces winners of 2023 Energy Innovation Challenge

Pioneering end-of-life solar panel solutions

AES acquires largest permitted solar + storage project in the US

AES announces next decarbonization milestone

FAQs

Alok Garg of Wells Fargo Corporate & Investment Banking says that the biggest challenge renewable energy clients are facing right now is "access to capital. Wells Fargo's structured innovative bond program for AES, first of the kind in the industry, where our client can use a single set of documents to issue multiple tranches. Wells Fargo is really trying to be at the cutting edge in terms of helping clients grow and scale their businesses."

Andrés Gluski, President & CEO of The AES Corporation, says "Decarbonizing the economy is a tremendous challenge. And we're not going to get there just by doing more of the same. We’ve been an innovator in bringing new technologies to the sector. AES invented the 24/7 hourly match renewable product. This ensures that the energy they're actually consuming is renewable."

According to AES' Andrés Gluski, "Our clients’ needs are changing. So you need a partner like Wells Fargo who deeply understands this market. Wells Fargo works with us to find new ways to satisfy our needs in a very rapidly growing market."

As the biggest supplier of renewable energy to corporations, AES is innovating solutions that decarbonize the economy. It’s helping the most climate ambitious companies ensure the energy they consume is renewable around the clock even when the sun isn’t shining and the wind isn’t blowing. Over the last nine years, Wells Fargo has raised $4 billion for AES, says Alok Garg, Head of Renewables & Asset Finance at Wells Fargo Corporate & Investment Banking.

70% of the world’s internet traffic passes through Virginia and the AES' Spotsylvania Solar Center is the largest solar facility east of the Rocky Mountains.

Curry Roberts, President, Fredericksburg Regional Alliance, says, "AES has been very engaged with the community. In the next 15 to 20 years, there'll be about 25 million square feet of data centers planned for our region."

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