Fluence Energy Inc (Fluence), a subsidiary of The AES Corp, is a provider of energy storage solutions and digital applications for renewables and storage. The company's product portfolio includes Gridstack, sunstack, edgestack, fluence cube platform, fluence operating system (OS) platform and fluence IQ platform. It also provides delivery services and recurring operational services, financing structuring services, such as energy-storage-as-a-service (“ESaaS”). The company’s fluence iq digital platform includes fluence mosaic, which delivers ai-powered market bidding optimization for solar, wind, and energy storage assets, including non-fluence energy storage systems. The company operates in Australia, Germany, the Philippines, Singapore and the US. Fluence is headquartered in Arlington, Virginia, the US.
Headquarters
United States of America
Address
4601 Fairfax Drive, Suite 600, Arlington, Virginia, 22203
Website
fluenceenergy.com
Telephone
1 302 6365400
No of Employees
1,112
Industry
Clean Technology
Ticker Symbol & Exchange
FLNC (NASD)
Revenue (2022)
$2.2B
85%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
33.4%
(2022 vs 2021)
Market Cap*
$2.9B
Net Profit Margin (2022)
XYZ
64.0%
(2022 vs 2021)
* As of and is in US$
Fluence Energy Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Gridstack | Operational | Gridstack |
| Sunstack | Operational & Maintenance Services | Sunstack |
| Edgestack | Energy Storage-as-a-Service | Edgestack |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, Fluence Energy UK Ltd. was selected by Varco Energy to deliver its first battery-based energy storage systems in the UK. |
| 2023 | Contracts/Agreements | In August, Fluence Energy UK Ltd. was selected by Statkraft to deliver its first battery-based energy storage project connected directly to the transmission network. |
| 2023 | Contracts/Agreements | In May, the company entered into an agreement with Innexo BV to encourage improved access to cannabis research. |
Competitor Comparison
| Key Parameters | Fluence Energy Inc | Wartsila Corp | Form Energy Inc | LightSail Energy, Inc. | NEC Energy Solutions Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Finland | United States of America | United States of America | United States of America |
| City | Arlington | Helsinki | Somerville | Berkeley | Westborough |
| State/Province | Virginia | - | Massachusetts | California | Massachusetts |
| No. of Employees | 1,112 | 17,807 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Herman Bulls | Chairman | Executive Board | 2021 | 66 |
| Julian Nebreda | Director; Chief Executive Officer | Executive Board | 2022 | 56 |
| Manavendra Sial | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 46 |
| Roman Loosen | Chief - Business Operations and Transformation Officer; Senior Vice President | Senior Management | - | - |
| Frank Fuselier | General Counsel; Secretary; Senior Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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