Fluence Named Top Battery-Based Energy Storage Provider in S&P Global Commodity Insights Report
05 Octubre 2023 - 7:30AM
Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global
provider of energy storage products, services, and optimization
software for renewables and storage, has been named the top global
provider of battery-based energy storage systems according to the
2023 Battery Energy Storage System Integrator Report published by
S&P Global Commodity Insights. The ranking is based on market
share of installed and planned projects. The report also ranks
Fluence as the top storage provider within the U.S. market, with
22% market share based on MW of installed capacity. The company
operates across 47 markets globally with over 7 GW of energy
storage assets contracted and deployed.
“We’re pleased to be recognized as the world’s leading energy
storage provider by S&P Global Commodity Insights,” said
Fluence President and Chief Executive Officer Julian Nebreda. “As
the world quickly turns to energy storage as a key enabler of the
clean energy transition, our industry will no doubt become
increasingly competitive. Fluence’s ecosystem of solutions,
including cutting-edge energy storage products, optimization
software, and operational services combined with more than 15 years
of team experience contribute to our leading position and rapid
growth in this market. Most important though is our focus on
creating long-term partnerships with customers globally to work at
the speed that meets their needs in this rapidly changing, complex
battery storage market.”
Fluence was also named the top global energy storage provider in
the 2021 Battery Energy Storage System Integrator Report published
by IHS Markit (now part of S&P Global Commodity Insights). In
addition, Fluence won System Integrator of the Year as well as
Product of the Year for the company’s Ultrastack energy storage
product at the 2023 Energy Storage Awards. The 2023 Battery Energy
Storage System Integrator Report is available through S&P
Global Commodity Insights Clean Energy Technology.
About Fluence
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in
energy storage products and services, and optimization software for
renewables and storage. With a presence in 47 markets globally,
Fluence provides an ecosystem of offerings to drive the clean
energy transition, including modular, scalable energy storage
products, comprehensive service offerings, and the Fluence IQ
Platform, which delivers AI-enabled SaaS products for managing and
optimizing renewables and storage from any provider. The company is
transforming the way we power our world by helping customers create
more resilient and sustainable electric grids.
For more information, visit our website, or follow us on
LinkedIn or Twitter. To stay up to date on the latest industry
insights, sign up for Fluence's Full Potential Blog.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. We intend such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in Section 27A
of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include, without limitation, statements regarding
anticipated demand for the Company's energy storage products and
services, planned projects by the Company and corresponding market
share under the 2023 Battery Energy Storage System Integrator
Report published by S&P Global Commodity Insights,
relationships with new and existing suppliers, the Company's
progress towards meeting its strategic objectives, impact of the
Inflation Reduction Act of 2022 or any other proposed legislation,
and projected prospects, plans and objectives of management. Such
statements can be identified by the fact that they do not relate
strictly to historical or current facts. When used in this press
release, words such as “may,” “possible,” “will,” “should,”
“expects,” “plans,” “anticipates,” “could,” “intends,” “targets,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential,” or “continue,” or the negative of these terms or other
similar expressions and variations thereof and similar words and
expressions are intended to identify such forward-looking
statements, but the absence of these words does not mean that a
statement is not forward-looking.
The forward-looking statements contained in this press release
are based on our current expectations and beliefs concerning future
developments, as well as a number of assumptions concerning future
events, and their potential effects on our business. These
forward-looking statements are not guarantees of performance, and
there can be no assurance that future developments affecting our
business will be those that we have anticipated. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond our control) or other assumptions that
may cause actual results or performance to be materially different
from those expressed or implied by these forward-looking
statements, which include, but are not limited to, our ability to
execute projects, our ability to successfully execute our business
and growth strategy, our ability to develop new product offerings
and services and adoption of such new product offerings and
services by customers, failure to realize potential benefits of the
Inflation Reduction Act of 2022, and other factors set forth under
Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the
fiscal year ended September 30, 2022, filed with the Securities and
Exchange Commission (“SEC”) on December 14, 2022, as updated by
Part II, Item 1A. in our Quarterly Reports on Form 10-Q, and in
other filings we make with the SEC from time to time. New risks and
uncertainties emerge from time to time and it is not possible for
us to predict all such risk factors, nor can we assess the effect
of all such risk factors on our business or the extent to which any
factor or combination of factors may cause actual results to differ
materially from those contained in any forward-looking statements.
Should one or more of these risks or uncertainties materialize, or
should any of the assumptions prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements. You are cautioned not to place undue
reliance on any forward-looking statements made in this press
release. Each forward-looking statement speaks only as of the date
of the particular statement, and we undertake no obligation to
publicly update or revise any forward-looking statements to reflect
events or circumstances that occur, or which we become aware of,
after the date hereof, except as otherwise may be required by
law.
Media ContactShayla Ebsen, Director of
CommunicationsEmail: media.na@fluenceenergy.comPhone: +1 (605)
645-7486
Analyst ContactLexington May, Vice President of
Investor
RelationsEmail: investorrelations@fluenceenergy.comPhone: +1
(713) 909-5629
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