Latest news with #FluenceEnergy
Yahoo
15 hours ago
- Business
- Yahoo
Fluence Energy (FLNC) Q2 Earnings Report Preview: What To Look For
Electricity storage and software provider Fluence (NASDAQ:FLNC) will be reporting results this Monday after market hours. Here's what investors should know. Fluence Energy beat analysts' revenue expectations by 29.8% last quarter, reporting revenues of $431.6 million, down 30.7% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts' expectations significantly and full-year EBITDA guidance missing analysts' expectations significantly. It reported 19,900 deployed megawatts for digital contracts, up 15.7% year on year. Is Fluence Energy a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Fluence Energy's revenue to grow 57.9% year on year to $763.4 million, a reversal from the 9.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.01 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 5 downward revisions over the last 30 days (we track 15 analysts). Fluence Energy has missed Wall Street's revenue estimates four times over the last two years. Looking at Fluence Energy's peers in the renewable energy segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Generac delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3.4%, and Sunrun reported revenues up 8.7%, topping estimates by 4%. Generac traded up 28.9% following the results while Sunrun was also up 16.5%. Read our full analysis of Generac's results here and Sunrun's results here. Investors in the renewable energy segment have had steady hands going into earnings, with share prices flat over the last month. Fluence Energy is up 1.4% during the same time and is heading into earnings with an average analyst price target of $8.74 (compared to the current share price of $8.29). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Business Insider
31-07-2025
- Business
- Business Insider
Fluence Energy, AGL sign deal to deliver 500MW/2000MWh Tomago battery system
The company states: 'Fluence Energy (FLNC) announced that Fluence has been selected by AGL to deliver the 500 MW / 2000 MWh Tomago Battery Energy Storage System in Newcastle, New South Wales, Australia. The deal is Fluence's largest project transaction globally, one of the largest energy storage transactions by MWh in the Australian National Energy Market to date, and marks 5 GWh of projects by Fluence in Australia. The Tomago BESS will be the third grid-scale battery storage system Fluence will deliver for AGL, having completed the 50 MWh Broken Hill BESS and currently constructing the 1000 MWh Liddell BESS.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yahoo
31-07-2025
- Business
- Yahoo
Fluence and AGL sign deal to deliver the 500 MW / 2000 MWh Tomago Battery Energy Storage System in Australia
The deal is Fluence's largest ever project transaction globally and one of the largest energy storage transactions by MWh in the Australian National Energy Market (NEM) to date, marking 5 GWh of projects by Fluence in Australia Fluence and AGL sign deal to deliver the 500 MW / 2000 MWh Tomago Battery Energy Storage System in Australia MELBOURNE, Australia, July 31, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today announced that Fluence has been selected by AGL to deliver the 500 MW / 2000 MWh Tomago Battery Energy Storage System (BESS) in Newcastle, New South Wales, Australia. The deal is Fluence's largest project transaction globally, one of the largest energy storage transactions by MWh in the Australian National Energy Market (NEM) to date, and marks 5 GWh of projects by Fluence in Australia. The Tomago BESS will be the third grid-scale battery storage system Fluence will deliver for AGL, having completed the 50 MWh Broken Hill BESS and currently constructing the 1000 MWh Liddell BESS. The Tomago BESS project will use Fluence's Gridstack Pro™, a utility-scale energy storage product with optimized design and flexibility and will provide grid-forming capability to improve grid reliability. AGL has contracted Fluence to construct the project and provide ongoing service and maintenance. 'We are honored to be selected by AGL and partner with them on the Tomago BESS project. This project strongly demonstrates our ongoing commitment to support AGL in their ambitious plan to deploy large-scale battery storage systems for a renewable energy future across Australia. Australia remains one of the most important storage markets globally, experiencing significant growth as the country accelerates its transition to renewable energy sources,' said Jan Teichmann, SVP & President, APAC. 'Our team takes great pride in continuing our partnership with AGL to meet the challenges of Australia's energy transition. The Tomago BESS is a testament to the strength of Fluence's full scope project deployment expertise in Australia and the products we offer to this market,' said Jason Beer, General Manager, Fluence Australia. 'We are pleased to continue our partnership with Fluence as the battery energy storage provider for the Tomago Battery. This project builds on the work we have done together for AGL's Broken Hill and Liddell batteries,' said AGL Chief Operating Officer, Markus Brokhof. Fluence has a strong track record in Australia, with four storage systems currently in operation, another two expected to enter into operation in the next few months, and several BESS projects currently under construction. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Cautionary Statement Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of the Tomago BESS project, including output and capacity, expected impact of this project on the Australian power grid, timeline of the Tomago BESS project, and other beliefs, assumptions, 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," "commits", "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, severe weather events impacting the project, changes to the regulatory environment in Australia, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence's control which may cause the energy storage systems to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission ("SEC") on November 29, 2024, 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 Contact Chaanah Crichton, Head of Marketing, APAC Email: Phone: +61426584943 Analyst Contact Lexington May, Vice President of Investor Relations and Sustainability Email: investorrelations@ Phone: +1 (713) 909-5629 A photo accompanying this announcement is available at
Yahoo
26-07-2025
- Business
- Yahoo
Fluence Energy (FLNC): Among the Energy Stocks that Soared This Week
The share price of Fluence Energy, Inc. (NASDAQ:FLNC) surged by 22.72% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week. An assembly line of lithium-ion batteries for energy storage solutions with workers in the background. Fluence Energy, Inc. (NASDAQ:FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Fluence Energy, Inc. (NASDAQ:FLNC) managed to garner a positive outlook from a number of analysts over the last week, leading to rising investor confidence and a sharp uptick in the company's share price. It was revealed last week that Barclays analyst Christine Cho has almost doubled the firm's price target for FLNC from $5 to $9, while maintaining an 'Equal Weight' rating on its shares. Similarly, JPMorgan also raised its price target for Fluence Energy, Inc. (NASDAQ:FLNC) from $5 to $8, while reiterating a 'Neutral' rating. Moreover, the analysts at Susquehanna also raised FLNC's price target from $6 to $11, while keeping a 'Positive' rating on its shares. Fluence Energy, Inc. (NASDAQ:FLNC) also received a boost following the announcement that it had been selected by VERBUND to build two large-scale battery-based storage systems in Germany that will achieve a total output of over 92 MW and a storage capacity of 186 MWh. While we acknowledge the potential of FLNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Lydian Energy lands $233M in financing for 550 MW/1.1 GWh of Texas storage
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Lydian Energy has secured $233 million in financing for three, two-hour battery storage projects in Texas totaling 550 MW. ING served as the lender for the Pintail and Crane projects in San Patricio and Crane Counties, Texas, respectively, Lydian said July 9. The 200 MW/400 MWh systems represent a combined investment of about $139 million, according to Lydian, a Washington, D.C.-based solar and battery storage developer backed by Excelsior Energy Capital. KeyBank provided a $94 million financing package for Headcamp, a 150 MW/300 MWh project in Pecos County, Lydian said. KeyBanc Capital Markets also structured the financing package for Headcamp. The facilities in the Electric Reliability Council of Texas footprint are under construction and Lydian expects to bring them online in the fourth quarter. The projects were developed under Excelsior Energy Capital's Fund II, which closed at more than $1 billion in April. The tax credit bridge financings from ING and KeyBank are being complemented by co-investment capital from Excelsior's Fund II limited partners, Lydian said. The company said it is pursuing additional financing for other projects that Lydian expects to start building later this year. Lydian's development portfolio includes 20 solar and storage projects totaling 4.7 GW, according to the company. 'These financings represent more than capital – they reflect the strong demand for reliable energy infrastructure in high-growth U.S. markets,' Anne Marie Denman, co-founding partner at Excelsior Energy Capital, said in the press release. The financial commitments by ING and KeyBank underscore growing institutional confidence in battery storage as a strategic asset class, Lydian said. Lydian's three Texas projects are part of a surge in energy storage development in the ERCOT market. ERCOT expects it will have 12,863 MW of storage on its system in September, according to the grid operator's most recent Monthly Outlook for Resource Adequacy report. There is an additional 998 MW of storage that ERCOT expects will be approved for grid synchronization by September. ERCOT had about 10,000 MW of storage capacity on its system by the end of last year, up from about 4,650 MW in 2023. Recommended Reading Excelsior Energy Capital to install 2.2 GWh of Fluence Energy batteries Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
