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Fluence raises FY guidance again; ‘our machine is working better’, says CEO

May 11, 2023
Global battery storage system integrator Fluence doubled its revenues in the first three months of 2023 and increased its full-year guidance again.
Fluence has delivered nearly 600MW of BESS in the Philippines to date, including this project for SMC Global Power. Image: Fluence.

ROUNDUP: Fluence in Philippines, Asahi Kasei’s US$100 million VC funds, Leclanché builds LeBlock

April 12, 2023
News in brief from around the word in energy storage with another edition of the Energy-Storage.news roundup.
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Fluence takes aim at ‘high value’ market for energy storage on transmission networks

April 5, 2023
Fluence’s launch of a battery storage solution targeted at transmission network projects speaks to the high value of an as-yet underserved market.
Fluence has long touted the potential of storage for the transmission network. Pictured is a promotional rendering for the launch of its sixth generation BESS solution a couple of years ago, but Ultrastack is its first bespoke product for the market segment. Image: Siemens.

Fluence launches ‘Ultrastack’ BESS solution aimed at storage-as-transmission applications

March 30, 2023
Fluence has launched a battery storage solution aimed at the market for energy storage as a transmission asset, called ‘Ultrastack’.
Infographic of the project. Image: Siemens.

Fluence, Siemens BESS-powered microgrid takes Azores Island closer to ‘a sustainable future’

March 14, 2023
Fluence and Siemens Smart Infrastructure have completed a renewable energy microgrid project on Terceira, a Portuguese Azores island.
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Fluence renewable energy asset performance platform onboarded at 948MWh of energy storage

February 15, 2023
Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.
Fluence lithuania battery storage project

Testing starts on Fluence 200MWh battery storage projects in Lithuania for spring 2023 activation

February 13, 2023
Testing has started on four battery storage projects in Lithuania totalling 200MW/200MWh provided by system integrator Fluence, with a view to turning the projects online in a few months.
battery cell production inflation reduction act US CEO CFO

Fluence continues path to profitability in first results since new CEO

February 9, 2023
Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.
European Commission delegation visiting a Fluence battery storage project in Lithuania. Image: Energy Cells via LinkedIn.

Fluence expects EBITDA breakeven in 2024, angles for IRA incentives with product strategy

December 14, 2022
Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.
grid booster

Fluence earns US$1.2 billion revenues in 2022 and positive gross profit in fourth quarter

December 13, 2022
Fluence reported its highest quarterly and yearly revenues, forecasting adjusted gross profits of US$60 million to US$100 million for next year.

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