Energy storage company, Fluence, a joint venture of Siemens and AES, announced that Manuel Perez Dubuc will succeed Stephen Coughlin as the company’s CEO effective May 1, 2020. Coughlin is joining the Fluence Board of Directors.
Dubuc has served on the Fluence board since 2018 and was selected due to his investment in technology and digital intelligence, said the company.
Coughlin became CEO of Fluence in January 2018 and, under his leadership, Fluence grew from 485 MW of projects to 1.7 GW in 21 countries worldwide. The company was named one of Fast Company’s Most Innovative Companies in 2019.
Fluence’s goal is to build an additional 3 GW’s of projects in the next two years.
“This is a pivotal time for Fluence, our customers and the future of our industry,” said Dubuc. “The stakes are incredibly high to transform the way we power our world, adding more renewables together with energy storage to provide clean generation, flexibility and resilience to power networks everywhere.”
Dubuc was recently on the Board of Directors of AES Distributed Energy and sPower, as well as the President of two major AES business unites in Latin America. He also has experience in Asia where he served as the CEO of Meiya Power Company (MPC) in Hong Kong.