Fluence total pipeline grew by $2.9B, or 14.8 GW, from Q1 to Q2
defines pipeline as its “uncontracted, potential revenue from energy storage products and solutions, service, and digital software contracts, which have a reasonable likelihood of contract execution within 24 months.”
cash position grew by about $87.8 million in the first half of its 2024 fiscal year, which ended March 31, compared with a decline of $164.5 million in the first half of its fiscal 2023
total pipeline stands at 74.4 GW and $16.3 billion, marking the 10th consecutive quarter during which orders outpaced “revenue recognized,”
expects to begin manufacturing battery modules it expects to qualify for the Inflation Reduction Act’s domestic content bonus by the end of 2024 and deliver the first orders next year
sign its first contracts for batteries expected to qualify for the Inflation Reduction Act’s domestic content requirements
new Gridstack Pro 5000 Series product, a “more energy-dense 5-6 MWh enclosure” that improves land-use efficiency in utility-scale storage plants