Group 1 - Fluence Energy and DTEK Group have completed Ukraine's largest battery energy storage project, a 200 megawatt system capable of storing 400 megawatt hours, enough to power 600,000 homes for 2 hours [2] - The project was built in just 6 months and is Fluence's first to be commissioned entirely remotely, supported by advanced training of Ukrainian engineers in Europe [2] - We ride has launched its autonomous robo bus in Belgium, planning public road tests in mid-September with a safety officer on board [3] Group 2 - After the trial, the shuttles aim to enter regular service and eventually operate fully driverless, improving first and last mile connectivity within the city's transit network [3] - Redwire has opened a 15,000 square foot rapid capabilities facility in New Mexico to accelerate the development of space-based defense systems [3] - Blank Charging has joined the UK's POA platform, adding 850 public charging locations and about 3,500 connectors, expanding PA's network to over 67,000 connectors [4]

Core Insights - Fluence Energy B.V. has successfully energized Ukraine's largest battery-based energy storage project with a total capacity of 200 MW in collaboration with DTEK Group [1][4] - The project consists of six battery energy storage systems with a combined capacity to store 400 MWh of electricity, sufficient to power 600,000 homes for two hours [2][9] - The construction of the project was completed in six months, significantly faster than the industry average, driven by the urgent need for operational readiness ahead of winter [3][9] Project Details - The battery systems range in capacity from 20 to 50 MW each and are connected to the Ukrainian power grid [2] - The project utilizes Fluence's innovative storage technology, which is expected to enhance grid stability and resilience through advanced grid-forming capabilities [2][6] - The remote commissioning model involved training 20 Ukrainian power engineers in Germany and Finland to enable them to install and commission the project without Fluence staff on-site [3] Strategic Importance - DTEK's CEO highlighted the project's significance for the Ukrainian energy system, emphasizing its role in shaping future developments and enhancing reliability and sustainability [4] - Fluence's CEO noted that the project symbolizes resilience and international cooperation, contributing to a stronger and decentralized energy system for Ukraine [5] - The energy storage systems are expected to improve electricity supply security and reduce outage risks, particularly during breakdowns in dispatchable generation [6] Company Overview - Fluence Energy, Inc. is a global leader in intelligent energy storage and optimization software, with projects across nearly 50 markets [7] - The company aims to create a more resilient grid and unlock the potential of renewable energy portfolios [7]

Production underway to advance delivery of Fluence’s high-density, modular energy storage platform to customers worldwide Fluence Begins Manufacturing of its Next Generation Smartstack™ Energy Storage Solution Manufacturing of Smartstack begins at a state-of-the-art, fully automated contract facility in Vietnam. ARLINGTON, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optim ...

Core Insights - Fluence Energy, Inc. has achieved a significant milestone by shipping domestically produced lithium-ion battery storage systems, utilizing U.S.-made components, which enhances supply chain resilience and supports U.S. manufacturing [1][3][4] - The company began reshoring parts of its supply chain in 2022 to mitigate risks for customers and manage market volatility, leading to an expansion of its U.S. partner manufacturing facilities [2][4] - Fluence's efforts in reshoring are aimed at reducing project disruption risks from various factors while fostering local job creation and economic growth, aligning with U.S. domestic content policies for tax incentives [3][4] Company Strategy - The establishment of a resilient regional supply chain is deemed essential for meeting customer needs and maintaining U.S. leadership in energy storage innovation [4] - Fluence has deployed or contracted over 22,000 MWh of battery energy storage capacity across more than 90 projects in the U.S., supporting utilities and developers with advanced storage solutions [4][5] Market Position - Fluence is recognized as a global market leader in intelligent energy storage systems and optimization software, contributing to a more resilient grid and maximizing renewable energy potential [5]

Core Insights - Fluence Energy's stock has experienced a 61% decline over the past year, attributed to challenges in the U.S. clean energy market, including tariffs, a high Federal funds rate, and significant changes in market conditions [1] Group 1: Market Conditions - The U.S. clean energy market is facing multiple factors leading to sustained capital destruction [1] - Tariffs and an elevated Federal funds rate are significant contributors to the current market challenges [1] Group 2: Investment Strategy - Pacifica Yield is focused on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Insights - Fluence Energy, Inc. has commenced production at a new manufacturing facility in Houston, Texas, focusing on thermal management systems for its Gridstack Pro™ battery energy storage solutions [1][2] - The establishment of this facility is part of Fluence's strategy to enhance U.S.-based manufacturing capabilities in the growing battery storage market [2][4] Company Developments - The Houston facility will produce HVAC and chiller equipment, contributing to Fluence's commitment to onshore production of major battery energy storage system components [1][3] - Fluence collaborates with manufacturing partners across five facilities in the U.S., creating over 1,200 manufacturing jobs in 2025 [3][4] Industry Context - The expansion of domestic manufacturing capabilities aligns with the increasing focus on energy security and supply chain resilience in the U.S. [4][5] - Fluence has deployed or contracted over 22,000 MWh of battery energy storage capacity across more than 90 projects in the U.S., supporting utilities and power producers [5][6]

Core Insights - Fluence Energy, Inc. has opened a new automated production facility in Bac Giang Province, Vietnam, aimed at manufacturing advanced energy storage solutions [1][2] - The facility is projected to have an annual manufacturing capacity of 35 GWh, enhancing productivity and safety in energy storage production [2] - The partnership with ACE Engineering is emphasized as a strategic move to improve manufacturing excellence and meet customer demands effectively [3] Company Overview - Fluence Energy is a leader in intelligent energy storage and optimization software, contributing to a more resilient grid and maximizing renewable energy potential [4] - The company operates in nearly 50 markets, with numerous projects contracted and managed, showcasing its significant role in the energy sector [4] Strategic Importance - The new facility represents a crucial milestone in addressing the growing global demand for high-performance energy storage solutions [2] - The collaboration with ACE Engineering aims to provide flexible manufacturing solutions, shorter lead times, and high-quality standards for customers [3]

Financial Data and Key Metrics Changes - The company ended Q3 with approximately $4.9 billion in backlog, having added about $1.1 billion in contracts since June 30, including two significant contracts in Australia worth approximately $700 million [9][24]. - Revenue for Q3 was approximately $603 million, which was about $100 million or 15% below expectations due to delays in ramping up production at the U.S. manufacturing facility [10][26]. - The adjusted gross profit margin for Q3 was 15.4%, exceeding the target for the quarter, and annual recurring revenue increased to $124 million [10][28]. - The company closed the quarter with over $900 million in liquidity, including approximately $460 million in cash, providing financial strength and flexibility [10][30]. Business Line Data and Key Metrics Changes - The company signed two contracts in Australia, marking the largest contract in its history, contributing significantly to the backlog [7]. - The U.S. manufacturing facility faced ramp-up issues, impacting revenue generation, but recovery milestones have been met, and production rates are expected to improve by the end of the fiscal year [26][27]. Market Data and Key Metrics Changes - The U.S. market is showing signs of recovery as tariff-related uncertainties ease, with all previously halted contracts now reactivated [16][24]. - The energy storage market is becoming increasingly competitive, with battery storage now recognized as a superior solution for meeting capacity needs compared to gas turbines [19][20]. Company Strategy and Development Direction - The company is focusing on domestically produced energy storage systems, supported by recent legislation that enhances its competitive position [11][13]. - The company is actively engaging with suppliers to ensure compliance with new regulations and is exploring multiple options to meet domestic content requirements without significant capital raises [15][49]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term prospects of energy storage, particularly in light of supportive federal legislation and easing tariff uncertainties [34][35]. - The company anticipates that the demand for battery storage solutions will grow significantly, especially driven by the needs of AI and data centers [21][22]. Other Important Information - The company expects to recover revenue lost due to production delays in fiscal 2026 as manufacturing rates improve [10][32]. - The company has reaffirmed its annual recurring revenue target of $145 million and adjusted EBITDA guidance of $0 to $20 million for fiscal 2025 [32]. Q&A Session Summary Question: Guidance for Q4 and margin outlook - Management indicated that Q4 margins are expected to be affected by U.S. revenue and tariff impacts, with efforts to mitigate these costs ongoing [39][40]. Question: Impact of recent policy actions on business - Management reassured that the U.S. battery storage market is expected to remain a domestic content market, and they are working on compliance with new regulations [43][46]. Question: U.S. demand trends post-legislation - Management noted that demand is picking up, with previously halted contracts now moving forward, and they are seeing more opportunities arise [65][66]. Question: Ramp-up issues at the Arizona facility - Typical ramp-up issues have been encountered, but management believes they are under control and expects to meet production targets by year-end [67][68]. Question: Pricing dynamics and ASPs - Management acknowledged that while there may be some pricing pressure due to tariffs, new contracts will reflect the updated cost structure, and margins are expected to return to normal levels [85][87].

Financial Performance & Guidance - Q3 2025 revenue reached $603 million[12], while adjusted EBITDA was $27 million[12] - The company reaffirmed its FY25 adjusted EBITDA guidance of $0-$20 million[12] - The company expects to be at the bottom end of the revenue guidance range of $2.6 billion[12] primarily due to slower US production ramp - The company delivered a 15.4% adjusted gross profit margin in Q3 2025[35] - The company has approximately $460 million in total cash as of June 30, 2025[12] Backlog & Pipeline - The company has approximately $4.9 billion in backlog as of June 30, 2025[12] - The company's pipeline is approximately $23.5 billion as of June 30, 2025[12] - $2.5 billion of FY'26 revenue is now secured in backlog[12] OBBBA & Tariffs - The Inflation Reduction Act (IRA) extends Section 48E ITC for storage through 2034, providing long-term security[16] - The IRA incentivizes an additional 10% ITC if minimum domestic content thresholds are met[16] - The company is working with domestic suppliers to ensure compliance with the OBBBA by the end of the year[19] - The total tariff on Chinese batteries in calendar year 2025 is projected to be 40.9%, and 58.4% in 2026[21] Market & Strategy - Two Australia contracts totaling approximately $700 million were added to the backlog[11] - Battery storage is now more cost-effective than gas, driving increased data center opportunities[44]

Group 1 - U.S. stock futures are slightly lower, with Dow futures down approximately 0.1% [1] - Celanese Corporation reported second-quarter financial results and provided third-quarter adjusted EPS guidance below market estimates, expecting earnings of $1.10 to $1.40 per share compared to estimates of $1.73 per share [1] - Celanese shares fell 15.5% to $40.00 in pre-market trading following the announcement [1] Group 2 - BigBear.ai Holdings, Inc. experienced a decline of 30.8% to $4.91 in pre-market trading after reporting worse-than-expected second-quarter results and cutting FY25 sales guidance [4] - PubMatic, Inc. shares dropped 28.7% to $7.55 in pre-market trading after issuing Q2 results and Q3 sales guidance below estimates [4] - Fluence Energy, Inc. shares dipped 14.3% to $7.83 in pre-market trading after mixed third-quarter financial results [4] - Archer Aviation Inc. fell 9.9% to $8.60 in pre-market trading due to a wider-than-expected quarterly loss [4] - Microvast Holdings, Inc. shares decreased by 10.2% to $2.72 after reporting disappointing quarterly sales [4] - TAT Technologies Ltd. saw a decline of 7.6% to $34.25 following weak quarterly sales [4]