Battery Storage Services
Search documents
Fluence (FLNC) Climbs 16% as JPMorgan Bares Investment Plan in Energy, Battery Storage
Yahoo Financeยท 2025-10-15 20:53
Group 1 - Fluence Energy Inc. (NASDAQ:FLNC) experienced a significant increase of 16.11% on Tuesday, closing at $18.45, driven by investor optimism related to JPMorgan's $1.5 trillion investment program in critical industries, including energy and battery storage [1][2][4] - JPMorgan's investment plan allocates $10 billion to support companies across 27 industries, emphasizing sectors like battery storage, grid resilience, and distributed energy [2][3] - The CEO of Fluence Energy indicated that a substantial portion of the company's backlog for the next year is expected to come from U.S. orders, particularly due to rising power demand from data centers, with the U.S. business projected to contribute half of its global demand [4]