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 ( ...

SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Fluence Energy, Inc. (NASDAQ: FLNC) (the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. Or for more information, contact Jim Baker at jimb@johnsonfistel.com ...

The Grid Booster is expected to reduce the need for grid expansion and ease bottlenecks stemming from transporting wind energy from Germany's north to the country's southern load centers. By limiting grid congestion, the project will support greater integration of renewable energy. Its innovative character lies in the usage of the batteries as part of a complex control system intended to reduce congestion on transmission lines. The project's footprint will be about 4.5 football fields in size and is expecte ...

ERLANGEN, Germany, June 10, 2024 (GLOBE NEWSWIRE) -- Fluence Energy GmbH ("Fluence"), a subsidiary of Fluence Energy, Inc. (NASDAQ:FLNC), a leading global provider of energy storage products and services, and optimisation software for renewables and storage, and TransnetBW GmbH, the transmission system operator in the German state of Baden-Württemberg, have started the construction of Germany's first and largest battery-based energy storage system deployed as a part of the country's critical transmission ne ...

This analysis was conducted by experts from Princeton University, MIT, Rhodium Group and Energy Innovation. It examined the U.S.'s efforts toward achieving a 40% reduction in greenhouse gas emissions by 2030. That is a key objective of President Joe Biden's Inflation Reduction Act. Challenges such as permit delays, grid connection issues and equipment shortages are hindering the deployment of large-scale renewable energy projects. Additionally, zero-emission electricity generation and storage saw a 32% incr ...

BlackJack3D/E+ via Getty Images The transition from fossil fuel to renewables for power generation is gathering pace, and a key part of that transition is managing intermittency of solar and wind power. There are a number of ways that this is being addressed. Firstly, power use can be time shifted (e.g., running air conditioners when the sun shines to have a cool house in the evening) or demand managed (e.g., having your grid supplier control the timing of your pool pump). Secondly, the sun always shines, a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40978 Fluence Energy, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Fluence Energy, Inc. (NASDAQ:FLNC) Q2 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Lexington May - VP, Finance & IR Julian Nebreda - President & CEO Ahmed Pasha - CFO Conference Call Participants George Gianarikas - Canaccord Genuity Brian Lee - Goldman Sachs Dylan Nassano - Wolfe Research Mark Strouse - JPMorgan Justin Clare - Roth MKM Kashy Harrison - Piper Sandler Operator Good day, and thank you for standing by, and welcome to Fluence Energy, Inc.'s Q2 2024 Earnings Conferen ...

Fluence Energy, Inc. (FLNC) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.14, delivering a surprise of -7.69%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Fluence Energy, which belongs to the ...

Exhibit 99.1 Fluence Energy, Inc. Reports Strong Financial Performance Highlighted By Cash Generation; Reaffirms Fiscal Year 2024 Guidance Ranges ARLINGTON, Va., May 8, 2024 (GLOBE NEWSWIRE) – Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence" or the "Company"), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and six months ended March 31, 2024. Financial Highlights for Second Fiscal Quarter e ...