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Fluence Energy, Inc. ("Fluence") (NASDAQ:FLNC), a leading global provider of energy storage solutions, services, and optimization software for renewables and storage, and Excelsior Energy Capital, a leading renewable energy infrastructure investor, announced an agreement to install 2.2 GWh of battery storage projects in the United States beginning in 2025. These U.S. projects will utilize domestically manufactured batteries, modules, and supporting systems.
Under the agreement, Excelsior will deploy Fluence's Gridstack Pro product line to deliver firm capacity and flexible power to support a more resilient U.S. electricity grid. These projects are anticipated to help foster a domestic supply chain for critical clean tech manufacturing in the U.S. and directly support American jobs and battery storage production capacity. Battery cells for the 2+ GWh of projects will primarily be manufactured in Tennessee and battery modules will be manufactured by Fluence in Utah.
Posted In: FLNC
