Fluence Announces India Technology Centre, Underscoring Commitment to the Region and Execution of Global Product Strategy

Fluence Announces India Technology Centre, Underscoring Commitment to the Region and Execution of Global Product Strategy

Fluence Power, Inc.

Fluence India Technological innovation Centre, found in Bangalore, will serve as an engineering centre of excellence for supporting customers globally and in India

Fluence India Know-how Centre

The Fluence India Technology Centre supports the company’s global product strategy by growing engineering capabilities and scaling global talent, and strengthens Fluence’s local presence in India.

The Fluence India Technological innovation Centre supports the company’s world wide solution approach by escalating engineering capabilities and scaling world expertise, and strengthens Fluence’s nearby existence in India.

BANGALORE, India, July 06, 2022 (World NEWSWIRE) — Fluence Power, Inc. (“Fluence”) (Nasdaq: FLNC), a world-wide sector leader in strength storage merchandise, products and services, and digital purposes for renewables and storage, these days declared the opening of a new world wide know-how centre in Bangalore. The Fluence India Technological innovation Centre supports the execution of the company’s international solution technique by rising engineering abilities and scaling world-wide talent and strengthens Fluence’s area existence in the state.

The Fluence India Know-how Centre marks a significant milestone for Fluence, turning out to be the company’s initially know-how centre centered totally in Asia. This complements existing engineering teams in North The us and Europe. Together, the company’s technological know-how centre teams assistance Fluence’s regionally concentrated operational product and generate a powerful foundation for new item introductions and regionalized product guidance.

With the start of this technologies centre, we will enrich our item offerings, engineering capabilities, and even further reveal our core competencies in battery-based vitality storage products and solutions and software,” reported Fluence SVP & Main Product Officer Rebecca Boll. “This staff will be critical to the enlargement of our sixth generation product line, which is providing a range of essential grid products and services to prospects all over the world, as effectively as the development of next era merchandise.”

Fluence’s staff of technological authorities in Bangalore will assistance the company’s worldwide sales and development goals for all significant product traces and permit flexibility and velocity in solution development. As the company’s greatest world wide know-how group, employees at the India Know-how Centre are performing in the parts of enclosure, battery, and inverter engineering, computer software quality assurance, product management, and far more. Moreover, the technologies centre will help the delivery of products to the Fluence India joint undertaking with ReNew Ability and help the comprehensive lifecycle of their storage units.

“India has an ambitious renewable electrical power potential target of 500 GW by 2030. Fluence is committed to supporting India in the thoroughly clean strength transition and our technologies centre and joint venture with ReNew are just the starting,” stated Fluence SVP & President, APAC Jan Teichmann. “Our expense in the area will permit us to lover with consumers regionally, establish skills in community current market requirements, push product or service progress for the area, and aid the lengthy-time period growth of electrical power storage in India.”

Fluence’s flagship battery-based electricity storage job in India was deployed in 2019 at a Tata Power (TPDDL) substation in Delhi. The 10 MW / 10 MWh venture was formulated by AES and Mitsubishi and is the greatest vitality storage method in South Asia.

About Fluence:

Fluence Energy, Inc. (Nasdaq: FLNC) is a international market leader in electricity storage solutions and providers, and electronic programs for renewables and storage. With a presence in 30 world wide marketplaces, Fluence presents an ecosystem of offerings to drive the clear power transition, together with modular, scalable power storage merchandise, extensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled electronic programs for managing and optimizing renewables and storage from any company. The business is transforming the way we energy our earth by encouraging shoppers make extra resilient and sustainable electric powered grids. For more info, stop by our website or follow us on LinkedIn or Twitter.

Forward-Seeking Statement

The info in this press release includes “forward-on the lookout statements” within the that means of Portion 27A of the Securities Act and Area 21E of the Securities Trade Act of 1934, as amended. All statements, other than statements of existing or historical fact included in this press launch are ahead-searching statements, which include, without the need of limitation, the predicted engineering solutions that Fluence Technological innovation Centre India could deliver to Fluence shoppers in India and the world.

The forward-hunting statements contained in this push release are based mostly on our present-day expectations and beliefs relating to potential developments, as properly as a amount of assumptions concerning foreseeable future functions, and their prospective outcomes on our business. These forward-on the lookout statements are not guarantees of general performance, and there can be no assurance that foreseeable future developments affecting our enterprise will be those people that we have anticipated. These forward-hunting statements involve substantial threats and uncertainties that could result in the actual results to differ materially from the anticipated results. Most of these components are outdoors Fluence’s manage and are tricky to forecast. Aspects that may trigger these dissimilarities in predicted success involve but are not restricted to the pursuing: genuine use of the technological know-how centre providers by clients in follow, the capacity to sufficiently remedy Fluence consumers inquiries and help them in the maintenance and procedure of their power storage units in authentic time, and the technology centre’s capacity to operate and operate without the need of any defects or errors. Fluence cautions that the foregoing listing of variables is not exceptional. Supplemental facts about variables that could materially have an impact on Fluence is established forth below the “Risk Factors” part in its Yearly Report on Form 10-K and Quarterly Stories on Type 10-Q filed with the Securities and Trade Commission, and obtainable on the SEC’s internet site at www.sec.gov.

Other than as usually essential by applicable legislation, Fluence disclaims any duty to update any forward-searching statements contained in this push launch, all of which are expressly skilled by the statements in this segment, to replicate events or conditions soon after the day of this push release. Must fundamental assumptions establish incorrect, true success and projections could differentiate materially from those people expressed in any ahead-hunting statements.

Media Get in touch with

Adele Zhang
Head of Internet marketing & Communications, APAC
+61 406529688
[email protected]

Trader Relations Speak to

Lexington Could
Sr. Supervisor, Investor Relations
+1 713-909-5629
[email protected]

A photo accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/9c937377-d953-4d07-aa27-7ccb82018645