Steven Whipple

AES Solar was established in March 2008 as a joint venture between the AES Corporation (NYSE: AES) and Riverstone Holdings LLC. The company develops, owns and operates utility-scale solar power plants that are connected to the power grid and supply homes and businesses with clean, renewable energy. AES Solar has grown to become one of the leading global solar power producers, with presence in Europe, North America, and Asia. AES Solar currently owns and operates over 100MW of solar PV projects. The company's rapid growth is a result of the successful development of growth platforms in countries that offer incentives to renewable energy producers. As the cost of both PV panels and installation continue to decrease, AES Solar will continue to expand to other countries with appropriate market structures, with the goal of achieving 'grid parity' being able to be directly competitive with conventionally generated electric power.