AES Corporation

AES Corporation, also known simply as AES, is a global Fortune 500 energy company headquartered in Arlington, Virginia, USA. Established in 1981, AES specializes in the generation and distribution of electrical power. The company is involved in a range of operations related to providing sustainable energy solutions, including their focus on renewable energy sources such as wind, solar, and energy storage.

Key Aspects of AES Corporation:

  1. Global Operations:

    • AES operates on a global scale, with business activities in numerous countries across the Americas, Europe, Asia, and Africa. The company owns and manages a diverse portfolio of power plants, encompassing both traditional and renewable energy sources.
  2. Renewable Energy:

    • AES has been actively transitioning toward renewable energy. They invest heavily in wind, solar, and battery storage projects, aiming to reduce their carbon footprint and promote sustainable energy practices.
  3. Energy Solutions:

    • Beyond power generation, AES offers energy solutions that help businesses and utilities manage their energy consumption more efficiently. This includes the development of innovative technologies and digital platforms that optimize energy use and integrate renewable energy sources.
  4. Sustainability and Corporate Responsibility:

    • AES commits to sustainability and corporate social responsibility. They focus on minimizing environmental impact, investing in clean energy, and supporting the communities in which they operate.
  5. Strategic Initiatives:

    • The company engages in strategic partnerships and acquisitions to expand its capabilities and market reach. AES often collaborates with other industry leaders to foster innovation in the energy sector.
  6. Financial Performance:

    • As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "AES," the corporation's financial performance is closely watched by investors. AES's financial health is supported by a diversified portfolio of assets and global market presence.
  7. Workforce and Culture:

    • Employing a large and diverse workforce, AES places importance on creating a safe, inclusive, and professional working environment. The company fosters a culture of innovation, collaboration, and continuous improvement.

By prioritizing sustainable energy and leveraging innovative solutions, AES Corporation plays a significant role in shaping the future of the global energy landscape.

Products

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Peabody USA

285 Newbury Street
Peabody MA 01960
USA

Maritime News

Maersk, Hapag-Lloyd: No immediate return to Red Sea

Maersk, Hapag-Lloyd: No immediate return to Red Sea

2 days ago
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," a Hapag-Lloyd spokesperson told Reuters."It is still too early to speculate about timing," a Maersk spokesperson said.
What Keeps Business Leaders Awake at Night?

What Keeps Business Leaders Awake at Night?

2 days ago
Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.The risk impact of new technologies and developments in artificial intelligence (AI) is a new entrant in the top 10 global risks at #10.Closely interlinked to cyber, business interruption is ranked #2 (31%), just ahead of another related risk, natural catastrophes at #3 (29%).Climate change is another standout result in 2025.
MOL and JERA Ink Charter for LNG Carrier Newbuild

MOL and JERA Ink Charter for LNG Carrier Newbuild

2 days ago
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174,000 m3.The vessel will be managed by MOL and will transport LNG for JERA.
Pirates: More Guns, More Hostages

Pirates: More Guns, More Hostages

3 days ago
The ICC International Maritime Bureau (IMB) has reported an increase in the number of crew taken hostage or kidnapped in 2024.The IMB annual Piracy and Armed Robbery Report recorded 116 incidents against ships in 2024 compared to 120 in 2023 and 115 in 2022. It reveals that 94 vessels were boarded, 13 attempted attacks, six vessels hijacked and three fired upon.While the number of reported incidents in 2024 remains similar to those reported in 2023 and 2022, the number of crew taken hostage or kidnapped increased to 126 taken hostage in 2024 compared to 73 in 2023 and 41 in 2022. Twelve crew were reported kidnapped, compared to 14 in 2023 and two in 2022.
James Fishers Orders Four LNG Dual-Fuel Tankers

James Fishers Orders Four LNG Dual-Fuel Tankers

3 days ago
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the long-term.A number of features that will add to the overall sustainability of the new builds have been carried over from recent additions to the company’s fleet, vessels Sir John Fisher and Lady Maria Fisher.