Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of misleading statements and undisclosed product defects that have negatively impacted its financial performance and reputation [3][4][5]. Group 1: Allegations and Issues - The class action lawsuit claims that Fluence Energy's energy storage products suffered from significant design, installation, and operational defects [3]. - It is alleged that the company failed to adequately address known product defects and warranty obligations, leading to overstated financial metrics such as adjusted EBITDA and gross profit margins [3]. - A report highlighted that Fluence Energy's Diablo project experienced numerous operational failures, including inverter failures and safety incidents, which resulted in a significant stock price decline [4]. Group 2: Financial Impact - Following the publication of negative reports regarding the company's projects, Fluence Energy's Class A common stock saw a decline of over 15% on December 20, 2023, and more than 13% on February 22, 2024 [4][5]. - The lawsuit indicates that the company's financial health was artificially inflated, exposing it to undisclosed risks of reputational and financial harm [3]. Group 3: Legal Actions - Investors are encouraged to contact the Portnoy Law Firm to discuss their legal rights and options for recovering losses related to the class action [2][6]. - The deadline for filing a lead plaintiff motion in the class action is set for May 12, 2025 [1].

Energy Vault (NRGV) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Michael Beer - CFO & Head of Corporate ServicesRobert Piconi - Chairman & CEONoel Parks - Managing Director - Energy Research Conference Call Participants Justin Clare - MD & Research Analyst Operator Greetings and welcome to Energy Vault's First Quarter twenty twenty five Earnings Call. At this time, participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a rem ...

Financial Data and Key Metrics Changes - The company reported a revenue increase of 10% year over year, reaching $8.5 million, driven by projects in Australia and a new licensing agreement in India [26][9] - Gross margin improved significantly to 57.1%, up from 26.7% a year ago, attributed to a favorable revenue mix from the India license agreement [26][9] - Adjusted EBITDA loss narrowed to $11.3 million from $14.5 million year over year, reflecting improved gross margins and reduced operating costs [27][13] Business Line Data and Key Metrics Changes - The backlog increased by 49% year to date, totaling $648 million, with significant contributions from projects in the US and Australia [23][24] - The company has 2.6 gigawatt hours of projects in Australia either contracted or under agreement, with additional projects under construction [23][29] - The energy asset management business is progressing with seven projects, expected to deliver approximately $30 million in annual recurring project EBITDA over their lifespan [29][15] Market Data and Key Metrics Changes - The company is largely shielded from US tariff risks due to a strong presence in Australia and licensing agreements, with 90% of the backlog unaffected by tariffs [24][18] - The recent pause in US-China tariffs has reignited discussions for US battery deliveries, potentially leading to increased demand [18][39] Company Strategy and Development Direction - The company is focusing on expanding its build, own, and operate strategy, with a strong pipeline of storage asset ownership projects in the US and Australia [29][21] - The company aims to achieve approximately $100 million in recurring annual EBITDA from its owned and operated projects over the long term [29][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for increased bookings and project deliveries following the tariff pause, indicating a return to a more normalized contracting environment [18][44] - The company is committed to reducing operating expenses by 15% to 25% while continuing to invest in profitable engagements, particularly in the Australian market [27][14] Other Important Information - Cash increased by 57% quarter over quarter, reaching $47.2 million, with expectations to further increase to $60 million to $75 million by Q3 [10][28] - The company is in the process of project financing and ITC monetization for its Cross Trails project, expecting significant proceeds from these activities [28][10] Q&A Session Summary Question: Impact of tariffs on securing new bookings in the US - Management noted that the tariff situation had caused a "wait and see" approach among developers, but the recent pause in tariffs could lead to renewed contracting opportunities [39][42] Question: Guidance for 2025 and booked revenue - Over 80% of the company's revenue for 2025 is contracted, with expectations for additional bookings to be secured in light of the tariff pause [46][47] Question: Differentiators for India battery technology licensing - The company highlighted growth potential in India, flexibility in its technology, and a strong track record with customers as key differentiators [53][56] Question: Differences in project financing discussions - Management explained that having proven technology and long-term off-take agreements significantly de-risks project financing, making discussions with lenders more favorable [62][63]

F I R S T Q U A R T E R 2 0 2 5 FINANCIAL RESULTS © 2024 ENERGY VAULT, ALL RIGHTS RESERVED | Confidential FOUO (For Official Use Only) - PROPRIETARY INFORMATION OF ENERGY VAULT, INC 1 Disclaimer Forward-Looking Statements This presentation includes forward-looking statements that reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. Forward-looking statements include information concerning possible or assumed future results of operations ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluence Energy, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's financial performance and relationships with key partners [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from October 28, 2021, to February 10, 2025 [3]. - Allegations include that Fluence's relationships with Siemens AG and The AES Corporation were expected to decline, and that Siemens Energy accused Fluence of engineering failures and fraud [3]. - It is claimed that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest, leading to a lack of reasonable basis for positive statements regarding Fluence's battery energy storage business and financial prospects [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of May 12, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].

Earnings Call FY2024 2 12.05.2025 ADS-TEC Energy © Disclaimer Cautionary Language Regarding Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified using words such as "may," "might," "will," "would," "could," "should," "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook" an ...

目前，我国新型能源体系建设稳步推进，能源保障基础不断夯实，现已建成全球最大的清洁能源系统。 储能是解决可再生能源规模化消纳和稳定输出的重要技术手段，是新型电力系统的核心要素。相较于传 统的抽水蓄能，锂离子电池、压缩空气储能、液流电池、钠离子电池、飞轮储能等新型储能，具有建设 周期短、布局灵活、响应速度快等优势，可在电力系统运行中发挥调峰、调频、调压、备用、黑启动、 惯量响应等多种功能。如今，新型储能已成为构建新型电力系统的重要技术和基础装备，是实现碳达峰 碳中和目标的重要支撑，也是催生国内能源新业态、抢占国际战略新高地的重要领域，对构建清洁低 碳、安全高效的能源体系，贯彻落实国家能源战略具有重要意义。 我国新型储能行业高速发展 过去5年，我国新型储能行业高速发展，截至2024年底累计装机量首次超越抽水蓄能，成为电力系统中 继火电之后的第二大灵活性调节资源。我国新型储能行业发展呈现出以下几个特征。 一是新型储能行业发展迅速。在产业内生动力、外部政策及碳中和目标等多重利好因素驱动下，新型储 能发展步入快车道。据中关村储能产业技术联盟全球储能数据库不完全统计，截至2024年底，我国已投 运电力储能项目累计装机首次超 ...

NEW YORK, May 11, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Fluence Energy, Inc. (NASDAQ: FLNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Fluence Energy, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/fluence-energy-inc. Investors have until May 12, 2025, to ask the Court to be appoi ...

5 月 7 日比亚迪储能携大储 MC Cube-T BESS 、工商储 MC-I 、户储 Battery-Box 系列等全场景解决方案亮相 德国慕尼黑 ，发布户储重 磅新品 Battery-Box HVB ，并举办户储十周年庆典。 比亚迪储能展出户储 Battery-Box 全系解决方案，包括电池系统 Battery-Box HVB 、 Battery-Box HVS+ 、 Battery-Box HVM+ 、广受 欧洲市场欢迎的整套解决方案 Battery-Box HVE 及配套的 Power-BoxSH 3-6K 和 Power-Box TH 5-10K 逆变器、广受非洲市场青睐的 整套解决方案 Battery-Box LV5.0+ 及 Power-BoxSL7-10K 逆变器，以创新技术与领先产品，为全球户用储能市场注入新活力。 Battery-Box HVB 作为比亚迪储能首款采用刀片电池技术的户储系统，备受瞩目。该户储系统将超高能量密度、前沿技术与极简美学设计完美 融合，储能容量灵活多样，从低于篮球高度的 5.94kWh 起步（ 479mm 高），单塔最高可达 29.69kWh （ 1327mm 高 ...

NEW YORK, May 9, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Fluence Energy, Inc. (NASDAQ: FLNC) between November 29, 2023 and February 10, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 12, 2025.So what: If you purchased Fluence common stock during the Class Period you may be entitled to compensation without ...