Fluence Achieves Landmark Milestone with Delivery of First Domestically Manufactured Energy Storage System

ARLINGTON, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, today announces the first shipment of domestic content lithium-ion battery storage systems using U.S.-made batteries, modules, thermal management systems, controls, and enclosures. This milestone marks a significant step towards reshoring the battery manufacturing supply chain and strengthening American energy security.

Fluence began reshoring parts of the company’s supply chain to the United States in 2022 to help customers reduce risk and manage market volatility. The company’s network of U.S. partner manufacturing facilities has expanded rapidly over the last 12 months to meet growing customer demand for domestically produced systems.

"When the Fluence team first put lithium-ion batteries on the U.S. grid, these systems mainly used U.S.-made batteries, enclosures, and inverters, but the supply chain shifted overseas as the industry scaled,” said John Zahurancik, President, Americas at Fluence. “Storage is a critical piece of a cost-effective electricity system, and with this announcement, we’re showing that the U.S. can again be a leader in battery storage manufacturing.”

Fluence is helping U.S. customers reduce their risk of project disruption from weather, terrorism, and trade restrictions while supporting local job creation and economic growth. These systems also help customers qualify for valuable tax incentives in-line with U.S. domestic content policy. As the demand for battery storage solutions continues to rise, Fluence's investments in domestic systems advances a future where the United States plays a crucial role in energy storage innovation.

“We recognized that establishing a resilient regional supply chain would be essential to meeting customer needs and sustaining U.S. leadership in energy storage innovation,” said Peter Williams, Chief Product and Supply Chain Officer, Fluence. “By executing on this strategy, we are delivering reliable, U.S. domestic content systems today while laying the groundwork for continued growth and innovation in the years ahead.”

With more than 22,000 MWh of battery energy storage capacity deployed or contracted across 90+ projects in the U.S., Fluence is supporting leading U.S. utilities, power producers, and developers with cutting-edge storage solutions that enable a more reliable and cost-effective grid.

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.

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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 expected impact of reshoring to the US manufacturing for battery energy storage on the energy storage market, customers, and Fluence operations, expectations relating to risk of project disruption from weather, terrorism, and trade restrictions, impacts to local job creation and economic growth, expected impact of tax incentives for our customers, 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, changes to the regulatory environment in the United States and unforeseen circumstances outside of Fluence’s control which may cause our partners’ contracting manufacturing facilities 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.

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