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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.
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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.
Fluence Cubes at a customer's BESS project. Image: Fluence.

Fluence opens system-level battery storage test facility in Pennsylvania

November 17, 2022
Energy storage hardware and software technology provider Fluence has opened its third global testing facility, in Pennsylvania, US.
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Fluence 16.4MWh BESS inaugurated in Madeira, Portugal

November 17, 2022
A 15MW/16.4MWh battery energy storage system (BESS) provided by Fluence has been inaugurated on the Portuguese island of Madeira.
AES Clean Energy's Lancaster Area Battery, a 127MW/508MWh BESS which has just gone online. Image: AES Clean Energy president Leonardo Moreno via LinkedIn.

Fluence optimising largest portion of AES’ 908MWh California BESS

October 11, 2022
Global battery energy storage system integrator Fluence is using its intelligent bidding software solution to optimise the trading activity of a 508MWh system it recently completed for AES in California.
grid booster

Fluence building 250MW ‘Grid Booster’ battery storage system for German TSO TransnetBW

October 5, 2022
Global system integrator Fluence will deploy a 250MW ‘Grid Booster’ battery energy storage system for transmission system operator (TSO) TransnetBW, one of two such projects planned in Germany.
1MW BESS pilot project in nearby Lithuania, which was followed by a portfolio of 200MW, thought to now be nearing their commissioning. Image: Litgrid.

‘Transformational change is not easy’: Fluence head of commercial Kiran Kumaraswamy at RE+ 2022

October 4, 2022
A couple of weeks ago, Energy-Storage.news met with leading figures from the energy storage industry at RE+ 2022.
Fluence Cube units at one of the company's Gridstack utility-scale BESS projects. Image: Fluence.

Fluence’s Cube ‘surpasses’ UL9540A fire testing requirements

September 19, 2022
Fire testing of Fluence’s battery storage solution showed that thermal runaway in one ‘Cube’ would not spread fire to surrounding units.
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Microsoft, Meta, Fluence and other energy storage players found consortium to assess technology’s emissions reduction effectiveness

September 15, 2022
Microsoft, Meta, Fluence and other energy storage players have founded a consortium to assess the technology’s emissions reductions.

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Return, Alfen and Vattenfall partner on HV transmission-connected 200MWh Dutch BESS

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US energy storage industry ready to commit US$100 billion domestic supply chain investment but reforms are needed, ACP says

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New York: Battery storage projects face local opposition in Staten Island, Long Island

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