NASDAQ Framework: Fluence Energy Inc.
Global provider of energy storage solutions 1.
1: Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation. View Source
Fluence Energy, Inc., founded in 2018 and headquartered in Arlington, Virginia, is a leading global provider of energy storage products, services, and artificial intelligence-enabled software-as-a-service products for renewables and storage applications. The company, a joint venture of Siemens Aktiengesellschaft and The AES Corporation, offers a range of energy storage products including Gridstack Pro, Gridstack, Sunstack, Edgestack, and Ultrastack, designed for various applications from large-scale front-of-the-meter to smaller-scale commercial and industrial use cases. Fluence also provides engineering, delivery, operational, and maintenance services to support the deployment of its storage products, serving independent power producers, developers, utilities, and other generators across the Americas, Asia Pacific, Europe, the Middle East, and Africa 23.
2: Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation. View Source3: Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled... [Read more] View Source
UNKNOWN
There is no information provided in the facts about whether Fluence Energy Inc. is still led by its founders or if the founders are heavily involved.
There is no information provided in the facts about whether Fluence Energy Inc. is still led by its founders or if the founders are heavily involved.
MEDIUM RISK
Fluence Energy Inc. has shown mixed financial performance. While the company reported improved profit margins and cash flow in Q2 2024 4, it also experienced a revenue decline during the same period 5. Additionally, the company has faced legal challenges, including a lawsuit from Siemens alleging engineering and design failures, false representations, and fraud 6. Despite these issues, Fluence Energy has a significant insider ownership of 42.88% and institutional ownership of 49.16%, which can be seen as a positive indicator of confidence in the company's management 7. Overall, these factors suggest a medium risk level for Fluence Energy Inc.'s financial situation.
Fluence Energy Inc. has shown mixed financial performance. While the company reported improved profit margins and cash flow in Q2 2024 4, it also experienced a revenue decline during the same period 5. Additionally, the company has faced legal challenges, including a lawsuit from Siemens alleging engineering and design failures, false representations, and fraud 6. Despite these issues, Fluence Energy has a significant insider ownership of 42.88% and institutional ownership of 49.16%, which can be seen as a positive indicator of confidence in the company's management 7. Overall, these factors suggest a medium risk level for Fluence Energy Inc.'s financial situation.
4: Fluence Energy Inc. Reports Mixed Q2 Results Amid Revenue Decline but Improved Profit Margins View Source5: Fluence Energy Inc. Reports Mixed Q2 Results Amid Revenue Decline but Improved Profit Margins View Source6: On February 22, 2024, market analyst Blue Orca Capital issued a report on Fluence Energy revealing that Siemens, the U.S. affiliate of Fluence Energy’s largest shareholder and corporate parent, filed a lawsuit accusing Fluence Energy of “a laundry list of embarrassing and costly engineering and design failures, false representations, and most notably fraud.” The report goes on to say that Fluence Energy has yet to disclose this lawsuit to investors. View Source7: Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 42.88 percent of Fluence Energy Inc shares are owned by insiders, and 49.16 percent are held by financial institutions. Zahurancik John, the SVP and President, Americas at Fluence Energy Inc (FLNC) has sold 25,000 shares of firm on Jun 12 ’24 at a price of $24.22 against the total amount of $0.61 million. In another inside trade, Nebreda Julian, President and CEO of Fluence Energy Inc (NASDAQ:FLNC) bought 6,700 shares of the firm on Mar 04 ’24 for a total worth of $98926.0 at a price of $14.77. An inside trade which took place on Mar 04 ’24, SVP & Chief Financial Officer of Fluence Energy Inc Pasha Ahmed bought 3,300 shares of firm against total price of $50160.0 at the cost of $15.20 per share. View Source
NO
There is no information provided in the facts indicating that Fluence Energy Inc. is launching any new product offerings. The available information mainly discusses their existing products, partnerships, financial performance, and legal issues.
There is no information provided in the facts indicating that Fluence Energy Inc. is launching any new product offerings. The available information mainly discusses their existing products, partnerships, financial performance, and legal issues.
Fluence Energy Inc.'s product roadmap and expansion strategy for 2024 through to 2026 focuses on deploying large-scale energy storage projects and expanding its global footprint. The company has partnered with MW Storage to deliver significant energy storage projects in Finland, Germany, and Switzerland, and is also working with Dispatch to deploy the largest stand-alone battery storage project in the Netherlands 89. Additionally, Fluence is involved in constructing Germany's first Grid Booster with TransnetBW, which aims to enhance grid stability and support renewable energy integration 10. The company has also expanded its presence in the Asia-Pacific region by opening a local office in Taiwan 11. These initiatives reflect Fluence's commitment to increasing grid resilience, supporting renewable energy deployment, and expanding its market presence globally.
8: MW Storage and Fluence deepen partnership to deliver their third energy storage project in Finland View Source9: Fluence and Dispatch Will Deploy the Largest Stand-Alone Battery Storage Project in the Netherlands View Source10: Pioneers for energy security: Fluence and TransnetBW start construction of Germany's first Grid Booster View Source11: Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan View Source