Core Insights - BYD Energy showcased its full range of home energy storage solutions at the Munich event, including the new Battery-Box HVB, celebrating a decade of home storage innovation [1][3] - The Battery-Box HVB is the first home storage system from BYD to utilize blade battery technology, offering high energy density and modular design for various applications [2][3] Product Features - The Battery-Box HVB has a flexible storage capacity starting from 5.94 kWh to a maximum of 29.69 kWh, and can reach up to 89.07 kWh when three units are connected [2] - The system's height is only 1327 mm, making it suitable for small spaces, and each module weighs 27.3 kg, allowing for easy installation by one person [2] - It boasts an efficiency of over 95%, with an energy density of 108.8 Wh/kg and 162.88 Wh/L, and a maximum power output of 25.6 kW, peaking at 50.18 kW within 15 seconds [2] Smart Management and Safety - The Battery-Box HVB features blind plug technology and patented smart configuration support, enabling automatic SOC adjustment, remote diagnostics, and OTA updates [3] - It utilizes BYD's LFP cobalt-free lithium iron phosphate battery, ensuring high safety and reliability, with a 15-year warranty [3] - The system is compatible with European inverters, catering to diverse customer needs in the region [3] Achievements and Recognition - During the event, BYD celebrated ten years of home storage innovation, highlighting milestones such as the patent for blind plug technology and over one million installations [3] - The company received the 2025 EUPD Best Innovation Award, reinforcing its leadership position in the global energy storage sector [3]

Core Viewpoint - A class action lawsuit has been filed against Fluence Energy, Inc. for alleged misleading statements and failure to disclose critical information during the Class Period from November 29, 2023, to February 10, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Fluence made false and/or misleading statements regarding its relationships with major revenue sources, Siemens AG and The AES Corporation, which were expected to decline [5]. - Allegations include that Siemens Energy accused Fluence of engineering failures and fraud, and that Fluence's reported margins and revenue growth were inflated as Siemens and AES were moving to divest [5]. - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and related financial results, leading to investor damages when the truth was revealed [5]. Group 2: Participation Information - Investors who purchased Fluence common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors can choose to remain absent or select their own counsel [7].

Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from October 28, 2021, to February 10, 2025 [1] Allegations - The complaint claims that Fluence's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1] - Siemens Energy, the U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1] - Due to the aforementioned issues, the defendants reportedly lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action by May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case [2] - There is no cost or obligation for shareholders to participate in the case [2]

Financial Performance & Guidance - Q2 2025 revenue reached $432 million, a 31% decrease compared to Q2 2024[10, 29, 30] - Adjusted EBITDA for Q2 2025 was -$30 million[10, 29, 30] - The company lowered FY25 revenue guidance to $2.6 billion - $2.8 billion, with a midpoint of $2700 million[10, 36, 39] - FY25 Adjusted EBITDA guidance was also lowered to $0 - $20 million, with a midpoint of $10 million[36, 43] - The company anticipates an adjusted gross profit margin of 10-12% for FY25[37, 41] - The company expects H2 FY'25 revenue split to be approximately 35% in Q3 and 65% in Q4[37] Backlog & Pipeline - Backlog as of March 31, 2025, was approximately $4.9 billion[10, 21, 45] - The company's pipeline as of March 31, 2025, was approximately $22 billion[10, 21] - H2 FY25 backlog is $1.9 billion, and future years backlog is $3.0 billion[21] - Annual Recurring Revenue (ARR) as of March 31, 2025, was $110 million[10] Tariffs & Strategy - The company paused certain US project execution and order intake due to US tariff uncertainty[10, 13, 39, 45] - The company believes current tariff levels are unsustainable and expects an eventual US-China trade deal to ease tariffs[13] - The company has a robust liquidity position of over $1 billion to navigate the current environment[10, 45]

Core Viewpoint - Fluence Energy, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the class period from October 28, 2021, to February 10, 2025 [3]. Summary by Relevant Sections - **Class Period and Allegations** - The class period for the lawsuit is defined as October 28, 2021, to February 10, 2025 [3]. - Allegations include that Fluence's relationships with key partners, 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 who purchased FLNC shares during the specified timeframe are encouraged to register for the class action by May 12, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. - **Law Firm Background** - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].

Financial Performance - Q1 2025 revenue reached $105 million, a 58% increase compared to Q1 2024[11] - Orders backlog as of March 31, 2025, stood at $6809 million, representing approximately 26 GWh[11] - Adjusted EBITDA loss was $432 million, a 17% increase compared to $369 million in Q1 2024[21] Commercial Growth - The commercial pipeline is valued at $156 billion, representing approximately 60 GWh[11] - Total commercial activity amounts to $291 billion, representing 115 GWh[24] - Booked orders totaled $92 million, including orders from 2 new customers[11] - The company secured 54 GWh in new Memorandums of Understanding (MOUs)[25] Operational Improvements - The company realized a 64% cost-out from product launch and a 77% volume-adjusted cost-out[16] - Manufacturing customer deliveries increased by 51% in Q1 compared to Q4 2024[15] - The company achieved significant output increases through subassembly automation, with terminal output up by 363% and bipolar output up by 332%[20] Guidance - The company reiterated its fiscal year 2025 revenue guidance of $150 million to $190 million, which is at least 10 times the full-year 2024 results[15]

Provides Ontario with critical capacity as Canada’s largest grid-scale battery energy storage facility in operation Oneida Battery Energy Storage Project, April 2025 TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- The Oneida Energy Storage Project (“Oneida”) has officially entered commercial operations, becoming the largest battery energy storage facility in operations in Canada, and one of the largest globally. Located in Haldimand County, Ontario, the 250 MW / 1,000 MWh facility was delivered ahead of schedule ...

NEW YORK, May 6, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fluence Energy, Inc. ("Fluence Energy" or the "Company") (NASDAQ: FLNC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluence Energy investors who were adversely affected by alleged securities fraud between October 28, 2021 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/fluence-energy ...

Core Viewpoint - Rosen Law Firm is reminding purchasers of Fluence Energy, Inc. common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified period [1][5]. Group 1: Class Action Details - The class action pertains to Fluence common stock purchases made between November 29, 2023, and February 10, 2025, with a lead plaintiff deadline set for May 12, 2025 [1][2]. - Investors who purchased stock during this period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2][3]. - A class action lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Allegations Against Fluence - The lawsuit alleges that Fluence made false and misleading statements regarding its business relationships and financial health, particularly concerning its ties with Siemens AG and The AES Corporation [5]. - Specific claims include that Fluence's revenue growth and margins were inflated, and that Siemens Energy accused Fluence of engineering failures and fraud [5]. - The lawsuit asserts that the defendants lacked a reasonable basis for their positive statements about Fluence's battery energy storage business and financial prospects [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes its experience and success in handling securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 alone [4]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4]. - The firm advises investors to choose qualified counsel with a proven track record, highlighting that many firms issuing notices may not have the necessary experience or resources [4].

Core Viewpoint - Fluence Energy, Inc. is facing allegations of issuing materially false and misleading statements regarding its business relationships and financial performance during the class period from October 28, 2021, to February 10, 2025 [1] Group 1: Allegations - The complaint alleges that Fluence's relationship with its founders and major revenue sources, Siemens AG and The AES Corporation, was expected to decline [1] - Siemens Energy, a U.S. affiliate of Siemens AG, accused Fluence of engineering failures and fraud [1] - Fluence's reported margins and revenue growth were allegedly inflated as Siemens and AES were moving towards divestment [1] - Due to these issues, the defendants lacked a reasonable basis for their positive statements regarding Fluence's battery energy storage business and its financial results, growth, and prospects [1] Group 2: Class Action Details - Shareholders who purchased FLNC shares during the specified class period are encouraged to register for the class action, with a deadline of May 12, 2025 [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2]