Investigation Details On February 22, 2024, Blue Orca Capital published a research report on Fluence. According to the report, the U.S. affiliate of the Company's largest shareholder and corporate parent, Siemens, filed a lawsuit against Fluence alleging "a laundry list of embarrassing and costly engineering and design failures, false representations, and most notably fraud." What's Next? If you are aware of any facts relating to this investigation or purchased Fluence securities, you can assist this invest ...

ARLINGTON, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the third quarter ended June 30, 2024 on Wednesday, August 7th, 2024, after market close. General audience participants, and non-analysts are encouraged to join the teleconference in a listen-only mode at: Listen-Only Mode - Webcast Link, or on http://Fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Supplement ...

ARLINGTON, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence" or the "Company"), announced today that it will report earnings for the third quarter ended June 30, 2024 on Wednesday, August 7th, 2024, after market close. The Company will conduct a teleconference starting at 8:30 a.m. ET on Thursday, August 8th, 2024, to discuss the results. To participate, analysts are required to register by clicking Fluence Energy Q3 Earnings Call Registration Link. Once registered, analy ...

BENGALURU, India, July 24, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, today announced its Digital Services Center (DSC) has expanded with a new Remote Monitoring and Diagnostics Center (RMDC) in India. The RMDC is co-located with Fluence's Global Innovation Center in Bengaluru and will bring together experts from across the business to drive innovative customer ...

Core Viewpoint - Johnson Fistel, LLP is investigating Fluence Energy, Inc. for potential violations of securities laws related to misrepresentation and failure to disclose adverse information to investors [3][6]. Group 1: Investigation Details - The investigation is focused on whether Fluence Energy or its executives misrepresented material information that could have led to investor losses [3]. - A report from Blue Orca Capital raised concerns about Fluence Energy, citing a lawsuit from Siemens that accuses the company of engineering failures, false representations, and fraud [6]. Group 2: Legal Context - The investigation aims to determine if investors can recover losses under federal securities laws [3]. - Individuals with nonpublic information are encouraged to assist in the investigation or consider the SEC Whistleblower program, which offers rewards for original information leading to successful recoveries [4].

Finland is planning to achieve carbon neutrality by 2035. At the same time, Finland's annual electricity demand is expected to increase by 20% from the current level to 100 TWh in 2030. The corresponding ramp up of renewable generation will require the flexibility best provided by energy storage. To better integrate intermittent renewable generation, energy storage provides flexibility and fast-responding ancillary services critical for grid stability. In the next two years, 300 MW of grid-scale storage is ...

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 ...

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 ...

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 ...