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Fluence Energy, Inc. - FLNC STOCK NEWS

Welcome to our dedicated page for Fluence Energy news (Ticker: FLNC), a resource for investors and traders seeking the latest updates and insights on Fluence Energy stock.

Fluence Energy, Inc. (NASDAQ: FLNC) is a global leader in energy storage solutions and digital optimization for renewable energy systems. This dedicated news hub provides investors and industry professionals with essential updates on FLNC's strategic initiatives, financial milestones, and technological advancements shaping the clean energy transition.

Track critical developments including quarterly earnings disclosures, new product launches like modular storage systems, and strategic partnerships with utilities. Our curated feed covers regulatory updates impacting energy storage markets and FLNC's global project deployments across 47 countries.

Discover how FLNC's AI-driven energy storage platforms and grid reliability solutions address modern power network challenges. Stay informed about patent filings, executive leadership changes, and sustainability initiatives without promotional bias. All content is verified through primary sources including SEC filings and official company communications.

Bookmark this page for real-time updates on FLNC's market position, competitive differentiation in battery storage technology, and responses to evolving energy policies. For comprehensive tracking of this NASDAQ-listed innovator's journey in enabling sustainable grids, check back regularly for new verified updates.

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Statkraft chooses Fluence Energy UK to deliver battery-based energy storage project in the UK
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Fluence Energy opens new global operations center in Bangalore to support rapid growth
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Fluence Energy, Inc. (Nasdaq: FLNC) announced its results for Q3 2023, with quarterly revenue of $536.4 million, a 124% YoY increase. The GAAP gross profit margin improved to 4.1%, compared to -2.2% last year. Net loss was $35.0 million, compared to $60.8 million last year. Total backlog as of June 30, 2023, was $2.9 billion. The company raised its fiscal year 2023 revenue guidance to $2.0 billion to $2.1 billion and adjusted gross profit guidance to $117 million to $132 million.
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TenneT has selected Fluence to develop and build two Grid Boosters at substations in Schleswig-Holstein and Bavaria. The battery-based energy storage systems will increase transmission capacities, minimize grid interventions, and help reduce costs to consumers. The Grid Boosters will use Fluence Ultrastack, an advanced energy storage product designed for transmission grids.
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Fluence Energy has launched the Ultrastack™, an advanced energy storage solution aimed at enhancing transmission and distribution networks. This product is designed to tackle challenges posed by the energy transition, such as system stability and network congestion. Key features include over 99% reliability and capabilities like synthetic inertia and power oscillation damping. Industry forecasts predict a significant increase in global power grid investments, expected to reach $21.4 trillion by 2050. Fluence is involved in notable projects in Lithuania and Germany, reinforcing energy security and operational efficiency in these regions.

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Fluence Energy, Inc.

Nasdaq:FLNC

FLNC Rankings

FLNC Stock Data

479.88M
141.17M
31%
81.01%
13.99%
Utilities - Renewable
Miscellaneous Electrical Machinery, Equipment & Supplies
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United States
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