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:
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.
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.
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.
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.
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.
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.
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.
- 978-535-7310
- www.aes-corp.com
- 978-535-7313
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Peabody USA
285 Newbury Street
Peabody MA 01960
USA
Peabody MA 01960
USA
Maritime News
Ferry Sinks off Bali, Killing Four as 30 Go Missing
Four people died, 30 were missing and 31 survived after a ferry carrying 65 people sank near the Indonesian island of Bali, the country's Search and Rescue agency said on Thursday, as rescuers raced to find victims in the rough sea.The KMP Tunu Pratama Jaya sank almost half an hour after leaving East Java province's Banyuwangi port on its way to Bali late on Wednesday, the agency said on Thursday.The boat was carrying 53 passengers and 12 crew members, as well as 22 vehicles, the agency said.A search for the missing is underway although it is being hampered by strong currents and winds, the agency said, adding it had deployed a helicopter to the location and 13 underwater rescuers.
KIMM Cracks the Code for Underwater Radiated Noise Prediction
Researchers in South Korea at the Korea Institute of Machinery and Materials (KIMM) have reportedly developed a hull-attached sensor-based system for predicting underwater radiated noise (URN), a key factor in naval stealth operations.KIMM Develops First Hull-Attached Sensor System for Predicting Underwater Radiated NoiseNew algorithm predicts underwater noise in real timeBoosts naval stealth and operational efficiencyThe new technology allows real-time monitoring of underwater noise levels generated by naval vessels, enabling early detection of abnormal vibrations and improving operational efficiency while reducing maintenance costs.
ADES' Jack-Up Barge Capsizes off Egypt Killing Four, Three Still Missing
A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while the barge was being towed to a new location in Egyptian territorial waters.At the time of the incident, 30 personnel were on board, involving 18 from ADES personnel.According to the latest information, 23 have been safely rescued, while remain missing and subject to intensive ongoing search operations by the relevant authorities.
BHP Signs Charter Contracts with COSCO for Two Ammonia Dual-Fueled Vessels
Australia’s BHP Group has signed contracts with COSCO Shipping Bulk, a subsidiary of COSCO Shipping, for the charter of two ammonia dual-fueled Newcastlemax bulk carriers.The new vessels to be built under the arrangement will be two of only a handful of vessels in the world capable of using ammonia as a marine fuel.The two vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia.When run on lower or low to zero greenhouse gas (GHG) emissions ammonia, these vessels will be capable of reducing GHG emissions by at least 50% and up to 95% on a per voyage basis compared to a conventionally fueled voyage, according to BHP.
ESG Wins Bid to Build Washington State Hybrid Electric Ferries
Washington Governor Bob Ferguson announced he has selected the $714.5 million bid from Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries. “We’re restoring domestic service to pre-pandemic levels years ahead of schedule, improving crew retention, and soon will bring our first hybrid-electric vessel into service,” Governor Ferguson said. “After careful consideration and conversations with legislative leaders, I believe Eastern is the best option to build these critically important vessels at a fair cost to our taxpayers.