Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluence Energy, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1][2] Summary by Sections Lawsuit Details - The lawsuit claims that during the class period, Fluence made false or misleading statements and failed to disclose critical information, including: 1. A decline in Fluence's relationship with major revenue sources, Siemens AG and The AES Corporation [2] 2. Accusations of engineering failures and fraud against Fluence by Siemens Energy [2] 3. Inflated margins and revenue growth as Siemens and AES were moving to divest [2] 4. Lack of a reasonable basis for positive statements regarding Fluence's battery energy storage business and financial prospects [2] Next Steps for Shareholders - Long-term stockholders of Fluence are encouraged to contact Bragar Eagel & Squire for more information regarding the claims and their rights [3] About the Law Firm - Bragar Eagel & Squire, P.C. is a recognized law firm representing investors in various complex litigations across state and federal courts [4]

Core Insights - AIP Management is acquiring a 49% equity stake in a UK-based battery energy storage system (BESS) portfolio from BW ESS, marking its first investment in standalone battery storage [1][3] - The portfolio consists of three assets with a total capacity of 700MW, including one operational asset and two under construction [2][4] - The investment is driven by strong market fundamentals in the UK, particularly the growth of renewable energy sources and increased grid constraints, creating a demand for flexible capacity [3][4] Portfolio Details - The portfolio includes Bramley (100MW, operational), Hams Hall (400MW, under construction), and Berkswell (200MW, under construction) [2] - Upon completion, the assets will be managed by a newly formed AssetCo, with BW ESS holding a 51% majority stake [2] - The strategic location of the portfolio in the Midlands and south-east of England minimizes congestion risks and positions it near key electricity load centers [4] Financial Stability - Revenue stability is secured through long-term capacity market contracts and offtake agreements, providing clear cash-flow visibility [5] - The batteries will be capable of supplying electricity to 2.3 million homes in the UK for 3.5 hours once fully operational [4] Strategic Partnership - AIP and BW ESS aim to deliver long-term value and support the UK's energy transition through their partnership [6][7] - Both companies share a commitment to deploying storage assets at scale, leveraging AIP's infrastructure expertise and BW ESS's operational capabilities [6][7]

Core Insights - Pacific Green has secured a planning permit for its second grid-scale battery energy park in Portland, Victoria, Australia, which will provide up to 1GW of firming capacity and become the largest battery energy park in Australia [1][2]. Project Development - The Portland Energy Park will be developed in phases over the next 36 months, significantly boosting energy storage capacity and enhancing energy stability in Victoria [2]. - The project aims to support the state's transition to net-zero emissions, with an expected annual avoidance of 66,900 tonnes of carbon dioxide once operational [2]. Community and Environmental Engagement - Pacific Green conducted comprehensive technical, environmental, and operational assessments to ensure compliance with statutory requirements and minimize potential impacts [3]. - Extensive community and stakeholder engagement was undertaken, including consultations with local First Peoples representatives, which influenced the final design of the energy park [3]. Strategic Positioning - The energy park is strategically located near the Portland Aluminium Smelter and Portland Water Treatment Plant, providing energy security to local businesses and enhancing existing electrical infrastructure [5]. Company Ambitions - Following the successful development of 1GWh of battery energy storage at Limestone Coast, the Portland Energy Park is part of Pacific Green's ambition to develop over 7 GWh of battery energy parks across the National Electricity Market [4]. - The company aims to become a leading developer in the market and accelerate Australia's transition to renewable energy through a multi-gigawatt platform [6]. Leadership Statements - Government officials highlighted the project's potential to unlock over $6 billion in renewable energy investments and provide cheaper, cleaner energy to Victorian households [6]. - Pacific Green's leadership expressed enthusiasm for the project's milestone, emphasizing its role in decarbonizing Australia's energy system and driving the energy transition forward [6].

Core Insights - GridStor has acquired the 100-MW/400-MWh White Tank battery storage project in Arizona from Strata Clean Energy, aiming to support Arizona Public Service (APS) in meeting growing energy demands [1][2] - The project will operate under a 20-year tolling agreement with APS, which serves approximately 1.4 million homes and businesses, and is expected to commence commercial operations in the first half of 2027 [2] Company Overview - GridStor is a developer and operator of utility-scale battery energy storage systems, with a project pipeline exceeding 5 GW of battery storage projects in later-stage development or under construction across the western and central U.S. [2] - Strata Clean Energy, the seller of the White Tank project, has over 300 projects in its portfolio, including more than 3 GW of its own construction, and is involved in engineering, procurement, construction, operations, and maintenance [1] Industry Context - Arizona is experiencing rapid demand growth for electricity, with APS and other utilities setting all-time records for peak power demand in August 2023 [1] - The White Tank project will enhance APS's ability to charge and discharge electricity as needed, ensuring reliable power access for the region's expanding population and new industrial facilities [2]

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]

Fidra Energy has received up to £445m ($601.1m) in equity investment from EIG and the National Wealth Fund (NWF) for the Thorpe Marsh battery energy storage system (BESS) project in South Yorkshire, UK. With the equity investment, alongside £594m in potential loan facilities from international lenders, the company has reached financial close for the project. The Thorpe Marsh project, designed to have a capacity of 1.4GW/3.1GWh, is projected to start operations in mid-2027. It is touted to become the larg ...

Core Insights - SK On has secured a large-scale Energy Storage System (ESS) project, marking its entry into the North American ESS market with locally produced Lithium Iron Phosphate (LFP) batteries [1][2] - The company signed a supply agreement with Flatiron Energy Development for a 1GWh ESS project in Massachusetts, with a potential for up to 7.2GWh of ESS products over the next four years [1] - To meet North American demand, SK On plans to start mass production of ESS-specific LFP batteries in the second half of 2026, converting part of its electric vehicle battery production lines in Georgia [1] Group 1 - SK On's ESS products utilize soft-pack batteries that are cost-competitive and highly stable, allowing for flexible capacity configuration and customized solutions [2] - The design of SK On's ESS products features high space utilization and a modular approach, differentiating it from traditional rack-based designs [2] - The company has enhanced product safety through the implementation of a thermal diffusion prevention solution and a battery diagnostic system based on Electrochemical Impedance Spectroscopy (EIS) [2]

Core Insights - Pacific Green Technologies, Inc. has successfully completed a financing raise of up to AU$77 million to support the development of a 7 GWh battery energy storage pipeline in Australia [1][2]. Group 1: Financing and Development - The financing will be provided by Longreach Credit Investors and Australian Philanthropic Services Foundation over a 24-month period [1]. - The capital raised will enable Pacific Green to expand its platform footprint and accelerate the development of its battery energy storage system (BESS) projects across the Australian National Electricity Market [2]. Group 2: Strategic Partnerships - The partnership with Longreach Credit Investors reflects their commitment to supporting high-quality Australian businesses through customized debt solutions [3]. - Australian Philanthropic Services Foundation expresses excitement in continuing support for Pacific Green as it advances the energy transition in Australia [3].

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 Viewpoint - Nandu Power has signed an order for an independent energy storage project with a total capacity of 2.8 GWh, utilizing its self-developed 314Ah semi-solid state battery, marking the largest application of semi-solid battery storage globally [2] Group 1: Project Details - The order includes a 1.2 GWh project in Shenzhen and two 800 MWh projects in Shanwei [2] - The projects are expected to consume over 1 billion kWh of renewable energy annually, enhancing the grid's capacity to absorb renewable energy in the Guangdong-Hong Kong-Macao Greater Bay Area and reducing approximately 1 million tons of CO2 emissions [2] Group 2: Battery Technology - The 314Ah semi-solid state battery employs oxide solid-liquid mixed electrolyte and high melting point polymer separator technology, which suppresses lithium dendrite growth, reduces thermal runaway risks, and maintains high ionic conductivity to enhance battery safety and lifespan [2] - This project represents the first commercial application of solid-state battery technology at the GWh level, with operational data expected to support future developments [2] Group 3: Research and Development - Nandu Power began developing solid-state batteries in 2017, with a 30Ah all-solid-state battery expected to resolve the "solid-solid interface" issue by the end of 2024, improving cycle life and rate performance [2] - The 783Ah solid-state battery, set to be released in April 2025, will feature multiple technological improvements to enhance energy density and safety performance [2]