Fluence and ENGIE’s latest storage project will expand critical energy hub in the Netherlands
Fluence Energy, Inc. (FLNC)
Company Research
Source: GlobeNewswire
AMSTERDAM, April 11, 2024 (GLOBE NEWSWIRE) -- Fluence Energy B.V. (“Fluence”), a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC), has been selected by ENGIE to deliver a 35 MW / 100 MWh battery-based energy storage project at the Maxima power plant in Lelystad, the Netherlands. The advanced battery energy storage project is located at a site with different types of power generation. It is expected to come into operation in 2025. The project is anticipated to provide critical flexibility to the Dutch electricity system and, through this, increase energy security. Fluence will supply the energy storage technology, software solutions, and services for the project. For Fluence Energy, Inc.’s global operations, this will be another project with ENGIE, following the successful commissioning of the 150 MW / 150 MWh Hazelwood project, Australia’s largest-privately funded utility-scale battery, in mid-2023. The Dutch government is committed to reducing CO2 emissions by 49% by 2030, comp
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- Fluence and ENGIE's latest storage project will expand critical energy hub in the Netherlands [Yahoo! Finance]Yahoo! Finance
- Fluence Energy, Inc. (NASDAQ: FLNC) had its price target lowered by analysts at Piper Sandler from $25.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
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Earnings
- 2/7/24 - Miss
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Sec Filings
- 4/12/24 - Form 8-K
- 3/22/24 - Form 8-K
- 3/22/24 - Form 4
- FLNC's page on the SEC website