Fluence continues path to profitability in first results since new CEO
Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first quarter under new CEO Julian Nebreda.
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Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first quarter under new CEO Julian Nebreda.
Energy storage hardware and software technology provider Fluence has opened its third global testing facility, in Pennsylvania, US.
AES has brought the Lancaster Area Battery, the second portion of a combined 908MWh battery energy storage site in California, online.
Fluence's new Utah manufacturing facility is part of a wider move to regionalise assembly closer to its markets, the company explained.
Lithium-ion battery factory serving EV and ESS sectors has opened in New York State which could ramp-up to 38GWh annual production capacity.