Global system integrator Fluence increased its revenues for the first three months of 2022, its second quarter, 249% to US$343 million.

Amazon has signed cross-portfolio power purchase agreement (PPA) deals with AES Corporation for California clean energy resources.

Fluence has formed a partnership with TECO Group to pursue energy storage opportunities in Taiwan’s growing market.

Fluence has won another contract to use its bidding platform to maximise market participation for renewable energy facilities in Australia.

Fluence’s artificial intelligence-driven bidding platform will optimise large-scale wind and solar assets in Australia for Telstra Energy. 

Progress has been made on 1.8GWh of battery energy storage projects in the service areas of California investor-owned utilities (IOUs) San Diego Gas & Electric (SDG&E) and Pacific Gas & Electric (PG&E).

Fluence has reaffirmed its guidance of US$1.1 billion to US$1.3 billion revenues for the 2022 financial year, with the company’s CEO claiming expectations were exceeded in the first quarter “despite short-term headwinds”.

Fluence has netted a deal to onboard 1.1GW of solar and storage assets to its digital energy trading and bidding platform with AES Corporation, one of the energy storage technology provider’s parent companies. 

In the Philippines, Fluence has brought into commercial operation the first project in an order totalling nearly half a gigawatt, for vertically-integrated power company SMC Global Power Holdings (SMCGPH).