Latest news with #Fluence
CNBC
15-07-2025
- Business
- CNBC
Cramer's Lightning Round: 'I'm going to have to take a pass on' Fluence
Fluence: "It's losing a lot of money, it's down 50%. I'm going to have to take a pass on that name." GE Vernova: "At this point, we're going to wait for GE Vernova to come in." Nebius: "CoreWeave. Just buy CoreWeave, don't deviate." Taiwan Semiconductor: "...I would rather just see what they report at this point." Quantum Computing: "It's a money-losing company, and if we get rid of the fervor for the moment about quantum, you'll be buying that $17 stock at $7. And that's what I worry about the most." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest
Yahoo
15-07-2025
- Business
- Yahoo
VERBUND and Fluence launch large-scale battery storage projects in Germany
VIENNA and ERLANGEN, Germany, July 15, 2025 (GLOBE NEWSWIRE) -- VERBUND has selected Fluence Energy GmbH, a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) ('Fluence'), a global market leader delivering intelligent energy storage, operational services, and asset optimisation software, to build large scale battery-based storage systems that will achieve a total output of over 92 MW and a storage capacity of 186 MWh. These innovative energy storage solutions are designed to meet critical requirements of the electricity grid while also adhering to stringent noise protection regulations. The first project, a large battery storage facility in Weißenthurm-Kettig, Rhineland-Palatinate, will be implemented with a capacity of 50 MW and a storage capacity of 100 MWh. Another system with a capacity of 42.9 MW / 86.5 MWh is planned in Elsterberg-Coschütz, Saxony. Both projects benefit from a modular system approach, which is intended to help ensure improved performance and scalability. With this initiative, VERBUND and Fluence are focusing on forward-looking technologies to promote the integration of renewable energy sources and strengthen grid security. The expansion of wind and solar energy leads to significant fluctuations in the electricity grid, which battery storage can help balance. Through grid-supporting services, battery storage is designed to secure the distribution network and aid in the integration of renewable energy sources. By injecting energy, battery storage aims to reduce costs associated with the use of upstream grid infrastructure and voltage conversion through substations. Furthermore, excess energy produced by renewables can be utilised in the balancing energy market or the intraday market. With already 110 MW / 130 MWh in operational service across over a dozen locations, VERBUND is a significant player in the German battery storage market. The projects with Fluence bring VERBUND considerably closer to its goal of installing around 1 GW of storage capacity by 2030. Expertise and experience in noise protection and cybersecurity Fluence was selected due to its vast and global experience in large-scale battery storage and in-depth knowledge of the regulatory landscape and specific requirements in Germany. Fluence convinced VERBUND with its advanced noise protection features, including the submission of a comprehensive noise report. It also showcased robust cybersecurity measures that align with stringent system security standards. Markus Meyer, Managing Director of Fluence Energy GmbH, commented: 'With projects totaling over 750 MW in construction or completed across Germany, Fluence is playing a key role in supporting a cost-efficient, reliable, and secure energy supply. The projects Weißenthurm-Kettig and Elsterberg-Coschütz mark another important step toward strengthening Germany's energy infrastructure. With decades of experience deploying high-performance systems that meet strict technical and regulatory standards, Fluence is well-positioned to support Germany's energy transition. We look forward to driving the future of energy storage in Germany together with such an innovative partner as VERBUND." Reliable leaders for energy storage in Germany The German coalition government agreement and the recently published scenario plan of the German regulator reiterate the important role of energy storage for a secure and affordable energy system. Developing and deploying energy storage projects requires a deep understanding of applicable regulations around grid codes, permitting requirements on noise and fire safety, and regulation on cybersecurity. This is where Fluence, as a market leader in Germany, supports its customers with accelerating and de-risking their storage projects in Germany. In this collaboration, VERBUND focuses on the operation of the facilities and the marketing of battery storage. As a reliable trading partner in all energy markets, VERBUND offers the opportunity to optimally utilise storage resources and contribute to a stable electricity grid. The specially developed trading algorithms ensure the intelligent placement of offers while considering opportunities across all markets. 'Reliable partners like VERBUND and Fluence are essential for the successful development and implementation of energy storage projects that meet the requirements of the new federal government and the Federal Network Agency. We are pleased to collaborate with Fluence as we collectively tackle the challenges of the energy transition in Germany,' explains Karl Potz, Head of Battery Storage Systems at VERBUND. 'With our innovative trading algorithms, we can optimally market battery storage and thus make a significant contribution to a stable electricity grid. This partnership is another step towards a secure and affordable energy system in Germany.' About VERBUND VERBUND is Austria's leading energy company and one of the largest producers of hydroelectricity in Europe. The Group generates around 96 % of its electricity from renewable energy, primarily from hydropower. VERBUND trades electricity in 12 countries and generated around € 1,875m group result and € 3,480m in EBITDA in 2024 with approximately 4,100 employees. With its subsidiaries and partners, VERBUND is active in the generation of electricity, transmission and in international trading and sales. VERBUND has been quoted on the Vienna Stock Exchange since 1988 with 51% of the share capital being held by the Republic of Austria. VERBUND is the decisive player for the success of the energy transition in Austria. The challenges that lie ahead require a new company spirit, which VERBUND is driving forward with its Mission V. The Mission V is a long-term and comprehensive transformation program and stands for the will to confront the climate crisis as a force for change. This program is based on the VERBUND Strategy 2030 with its three main pillars: Strengthening the integrated home market, expanding renewable energies in Europe and becoming a European hydrogen player. With Mission V, VERBUND is accelerating the achievement of the strategic goals 2030 and ensuring their implementation. Further information: For Further Inquiries:Martha SalaquardaVERBUND Energy4Business GmbHE: About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Fluence's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, Fluence is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. For Further Inquiries:Elisabeth GiesemannSenior Associate Policy and Communications FluenceE: Cautionary Statement Regarding Forward-Looking Statements The statements contained in this press release 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 operational performance of these energy storage systems, including output and capacity, expected impact of these projects on the German power grid, de-risking expectations, and other beliefs, assumptions, prospects, plans, and objectives of management. 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," "commits", "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, severe weather events impacting the projects, changes to the regulatory environment in Germany and Europe, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence's control which may cause the energy storage systems to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission ("SEC") on November 29, 2024, 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Why Is Fluence Energy (FLNC) Stock Soaring Today
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 6.4% in the afternoon session after it was selected by AMPYR Australia to construct a major battery energy storage project. The energy storage technology company announced it will build the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in New South Wales, Australia. The deal also includes a 20-year service and maintenance contract. This project marks AMPYR's first grid-scale battery system in Australia and is a significant step in the country's transition to renewable energy. The system, scheduled to be operational in 2026, will use Fluence's full suite of technology, including its Gridstack™ storage product and AI-powered Mosaic bidding software to optimize performance and profitability. For Fluence, this partnership reinforces its leadership in the growing Australian energy storage market and is expected to contribute to a strong increase in order volume for the second half of fiscal year 2025. Is now the time to buy Fluence Energy? Access our full analysis report here, it's free. Fluence Energy's shares are extremely volatile and have had 64 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Fluence Energy is down 49.9% since the beginning of the year, and at $8.49 per share, it is trading 63.9% below its 52-week high of $23.50 from November 2024. Investors who bought $1,000 worth of Fluence Energy's shares at the IPO in October 2021 would now be looking at an investment worth $242. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-06-2025
- Business
- Business Wire
FLUENCE ENERGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Fluence Energy, Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ('KSF'), announces that KSF has commenced an investigation into Fluence Energy, Inc. (NasdaqGS: FLNC). On February 10, 2025, the Company announced its financial results for 1Q 2025, disclosing a net loss of $57 million, or $0.32 per share, compared to a loss of $25.6 million, or $0.14 per share, for the same period in the prior year, revenues down 49% year-over-year to $186.8 million, and decreased revenue guidance for fiscal year 2025, to a range of $3.1 billion to $3.7 billion, from its prior outlook of $3.6 billion to $4.4 billion, due to 'customer-driven delays in signing certain contracts that, coupled with competitive pressures, result in the need to lower our fiscal year 2025 outlook.' Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information in violation of federal securities laws, which remains ongoing. KSF's investigation is focusing on whether Fluence's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. If you have information that would assist KSF in its investigation, or have been a long-term holder of Fluence shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ( or visit to learn more. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit
Yahoo
18-06-2025
- Business
- Yahoo
Fluence Debuts SPYDR 3: Pioneering Fixture Upgrades Output and Efficiency for Cannabis Growers
SPYDR 3 offers precision lighting, uniform canopy control to boost performance for multitier cannabis production AUSTIN, Texas & EINDHOVEN, Netherlands, June 18, 2025--(BUSINESS WIRE)--Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis production, announced SPYDR 3, the latest generation of the cannabis industry's pioneering fixture. SPYDR 3 features the line's signature design, now with five wattage options that provide exceptional flexibility to growers. With output up to 2,260 μmol/s, efficiency up to 3.0 μmol/J and new spectrum options—including Fluence's BW4a, BW45 and BW5—SPYDR 3 optimizes energy savings while enabling growers to hit desired light levels. "Ten years ago, Fluence introduced a transformative luminaire to the cannabis industry that revolutionized indoor cultivation," said Michiel van Dam, president of Agricultural Lighting at Signify. "Today, SPYDR is the technology of choice for growers seeking maximum yield and quality at the greatest efficiencies in their facilities. With enhanced wattage options, additional research-backed spectra, and versatile sizing, we're not just meeting growers' needs—we're delivering them the lighting technology they need to dominate in their markets." The third-generation SPYDR also features an integrated power supply and sealed lens design, providing a cleanable barrier lens to protect it from the cultivation environment. The fixture's high light intensity options and substantial efficiencies also support growers seeking rebate incentives. Learn more about SPYDR 3 or contact the Fluence team about implementing SPYDR at your facility here. For more information on Fluence, visit About Fluence Fluence Bioengineering, Inc. (Fluence) creates powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market, committed to enabling more efficient crop production for the world's top greenhouse and indoor growers. Fluence, part of Signify's Agricultural Lighting division, operates in Austin, Texas (Americas), and Eindhoven, Netherlands (EMEA). For more information about Fluence, visit View source version on Contacts Media Contact Emma ChaseRed Fan Communicationsemma@ 512-917-4319 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
