Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global
provider of energy storage products, services, and optimization
software for renewables and storage, today announced the company
has surpassed 20 GWh of deployed and contracted storage systems
globally. This industry-leading milestone marks a new era of scale
in battery-based energy storage installations and growth.
The global battery storage market is growing at
rapid speed, with front-of-the-meter additions1 on track to hit
approximately 158 GWh annually by 2030 according to the
BloombergNEF 2H 2023 Energy Storage Market Outlook. The global
transition from traditional power to renewable resources is driving
the need for cost-effective and flexible assets like energy
storage. As the need grows, so does the scale of projects and the
role of energy storage as a key enabler of the clean energy
transition.
“As the scale and complexity of battery storage projects
continue to grow, few technology providers can deliver the breadth
of solutions and experience needed to succeed in this rapidly
evolving market. This milestone highlights the trusted role Fluence
plays for our customers and partners around the world. Our
industry-leading scale and proven success in delivering on the
needs of our customers – including competitive products, seamless
digital integration, supply chain diversity and security, and best
in class reliability, is what sets us apart in this market,” said
Fluence President and Chief Executive Officer Julian Nebreda. “As
we enter this new era of scale in battery energy storage, Fluence
is well positioned to deliver for our customers globally. We will
continue bringing new products and capabilities to market while
providing services, support, and digital solutions to help
customers generate the most value from their operations.”
Fluence has partnered with customers to deploy
some of the world’s largest and most complex energy storage
systems. The global fleet of Fluence assets has nearly 3 million
operating hours to date. Most recently, Fluence was selected by AGL
Energy Limited (AGL) to deliver a 500 MW / 1000 MWh energy storage
system for the Liddell Battery Project in New South Wales. It is
the biggest energy storage system announced to date that Fluence
will be designing, engineering, and constructing in Australia and
will provide critical firming capacity to help enable the country’s
energy transition. In 2022, Fluence announced commercial operation
of the Luna Battery Storage Project and the Lancaster Area Battery
system, a combined 227 MW / 908 MWh energy storage complex in
California that utilizes Fluence storage products, services, and
software to support resilient and flexible power grids.
Leading the industry in developing new
applications for energy storage, Fluence is shaping how power
networks operate and addressing challenges of the energy
transition. One of those challenges is increasing grid congestion
caused by the massive expansion of renewable energy sources,
bringing the need for more grid reinforcement and relief
interventions. To address this challenge, Fluence is deploying
three energy storage-as-transmission-asset projects for
transmission system operators in Germany. These include a 250 MW
Grid Booster for TransnetBW and two Grid Booster systems with a
combined power capacity of 200 MW for TenneT TSO. These projects
will increase transmission capacities of existing power lines,
minimize grid interventions, increase renewable penetration, reduce
grid expansion, and improve security of supply. TenneT’s Grid
Boosters will use Fluence Ultrastack™, an advanced energy storage
product designed for transmission grids.
Fluence recently announced the release of
Gridstack Pro, an advanced energy storage product built for the
next era of utility-scale projects. Gridstack Pro is the latest
offering in the Gridstack product line, which is trusted by leading
power generators around the world to deliver safe and reliable grid
services.
1Global market excluding projected utility-scale deployments in
China; does not include commercial or residential deployments.
About Fluence
Fluence Energy, Inc. (Nasdaq: FLNC) is a global
market leader in energy storage products and services, and
optimization software for renewables and storage. With a presence
in 47 markets globally, Fluence provides an ecosystem of offerings
to drive the clean energy transition, including modular, scalable
energy storage products, comprehensive service offerings, and
AI-enabled SaaS products for managing and optimizing renewables and
storage from any provider. The Company is transforming the way we
power our world by helping customers create more resilient and
sustainable electric grids.
For more information, visit our website, or
follow us on LinkedIn or Twitter. To stay up to date on the latest
industry insights, sign up for Fluence's Full Potential Blog.
Forward-Looking Statements
The statements described herein that are not
historical facts are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, Section
21E of the Securities Exchange Act of 1934, as amended, and the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, without limitation, statements
regarding the anticipated impact of the global energy transition on
energy storage, Fluence potential future impact on energy storage
and the energy transition, and expected operational performance of
Fluence energy storage projects, including impacts to related grid
networks. Such statements can be identified by the fact that they
do not relate strictly to historical or current facts. When used in
this press release, words such as “may,” “possible,” “will,”
“should,” “expects,” “plans,” “anticipates,” “could,” “intends,”
“targets,” “projects,” “contemplates,” “believes,” “estimates,”
“predicts,” “potential,” or “continue,” or the negative of these
terms or other similar expressions and variations thereof and
similar words and expressions are intended to identify such
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking.
The forward-looking statements contained in this
press release are based on our current expectations and beliefs
concerning future developments, as well as a number of assumptions
concerning future events, and their potential effects on our
business. These forward-looking statements are not guarantees of
performance, and there can be no assurance that future developments
affecting our business will be those that we have anticipated.
These forward-looking statements involve a number of risks,
uncertainties (some of which are beyond our control) or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by these
forward-looking statements, which include, but are not limited to,
unforeseen circumstances outside of Fluence’s control which may
cause unanticipated operational performance of the Fluence energy
storage projects, adoption of laws, regulations, or policies that
impact the adoption of energy storage and the global energy
transition, and other factors set forth under Item 1A.“Risk
Factors” in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2023, filed with the Securities and Exchange
Commission (“SEC”) on November 29, 2023, and in other filings we
make with the SEC from time to time. New risks and uncertainties
emerge from time to time and it is not possible for us to predict
all such risk factors, nor can we assess the effect of all such
risk factors on our business or the extent to which any factor or
combination of factors may cause actual results to differ
materially from those contained in any forward-looking statements.
Should one or more of these risks or uncertainties materialize, or
should any of the assumptions prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements. You are cautioned not to place undue
reliance on any forward-looking statements made in this press
release. Each forward-looking statement speaks only as of the date
of the particular statement, and we undertake no obligation to
publicly update or revise any forward-looking statements to reflect
events or circumstances that occur, or which we become aware of,
after the date hereof, except as otherwise may be required by
law.
Fluence Media ContactShayla Ebsen, Director of
CommunicationsEmail: media.na@fluenceenergy.comPhone: +1 (605)
645-7486
Fluence Analyst ContactLexington May, Vice
President Finance & Investor
RelationsEmail: investorrelations@fluenceenergy.comPhone: +1
(713) 909-5629
Fluence Energy (NASDAQ:FLNC)
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Fluence Energy (NASDAQ:FLNC)
過去 株価チャート
から 6 2023 まで 6 2024