Fluence Energy Partners with AGL for Major Battery Project
Fluence Energy and AGL Collaboration
Fluence Energy, Inc. (NASDAQ: FLNC), a pioneer in intelligent energy storage solutions, has taken a significant step forward in renewable energy by partnering with AGL to deliver the ambitious 500 MW / 2000 MWh Tomago Battery Energy Storage System (BESS). This initiative stands as Fluence's largest transaction globally, showcasing a monumental achievement in energy storage in the Australian market.
Tomago Battery System Overview
The Tomago BESS is set to become Fluence’s third grid-scale battery storage system for AGL. Following the successful completion of the 50 MWh Broken Hill BESS and the ongoing construction of the 1000 MWh Liddell BESS, this new project exemplifies the growing trend of large-scale energy storage solutions across Australia.
Innovative Technologies in Use
The Tomago BESS will utilize Fluence's advanced Gridstack Pro™ system, engineered for utility-scale applications. This innovative storage product is designed for optimal performance and flexibility, integrating grid-forming capabilities aimed at enhancing grid reliability and stability. AGL has engaged Fluence for both construction and long-term maintenance of this essential energy infrastructure.
Commitment to Renewable Energy
Jan Teichmann, SVP & President, APAC of Fluence, emphasized the strategic partnership with AGL, stating, "We are honored to be selected by AGL and partner with them on the Tomago BESS project. This project reaffirms our dedication to supporting AGL’s vision of large-scale battery systems essential for a renewable energy future in Australia." This collaboration represents a strong belief in Australia's potential as a key player in the global energy storage market as it transitions towards renewable sources.
AGL's Ongoing Commitment to Sustainability
AGL's Chief Operating Officer, Markus Brokhof, echoed this sentiment, stating, "We are pleased to continue our partnership with Fluence as the battery energy storage provider for the Tomago Battery. This project builds on our collaborative efforts for AGL’s Broken Hill and Liddell batteries, enhancing our commitment to a sustainable energy future." This partnership demonstrates a robust commitment to enhancing Australia’s energy landscape, effectively integrating renewable energy into everyday consumption.
Fluence has established itself with a solid portfolio, boasting four operational storage systems and an additional two nearing completion. With several battery energy storage projects underway, the company is focused on driving efficiency and reliability within the Australian energy grid.
Future Prospects for Energy Storage
As energy demands continue to rise and the need for sustainable solutions becomes more pressing, Fluence Energy is strategically positioned for growth within the market. Their commitment to innovation and sustainability highlights the crucial role that energy storage plays in the global transition to renewable energy sources. With converts in technology and project management expertise, Fluence could significantly impact not only the Australian market but the international energy landscape as well.
About Fluence Energy
Fluence Energy, Inc. (NASDAQ: FLNC) sits at the forefront of renewable energy solutions, specializing in intelligent storage and optimization software. Their innovative approach aims to create a more resilient electrical grid, showcasing the immense potential of renewable energy portfolios globally. Having deployed and managed gigawatts of projects across nearly 50 markets, Fluence's impact on the energy sector is profound and transformative.
Contact Information
Media Contact
Chaanah Crichton, Head of Marketing, APAC
Email: chaanah.crichton@fluenceenergy.com
Phone: +61426584943
Investor Relations Contact
Lexington May, Vice President of Investor Relations and Sustainability
Email: investorrelations@fluenceenergy.com
Phone: +1 (713) 909-5629
Frequently Asked Questions
What is the Tomago Battery Energy Storage System?
The Tomago BESS is a 500 MW / 2000 MWh energy storage project being delivered by Fluence Energy in collaboration with AGL.
What technology will be used in the Tomago BESS?
Fluence's Gridstack Pro™ technology will be utilized, designed for optimal performance and flexibility.
How many storage systems has Fluence established in Australia?
Fluence currently operates four battery storage systems and has two additional projects nearing completion.
What is Fluence Energy's role in the energy market?
Fluence Energy specializes in providing intelligent energy storage solutions and optimization software crucial for integrating increased renewable energy sources.
Who can be contacted for media inquiries about Fluence?
Chaanah Crichton serves as the Head of Marketing for APAC and can be reached at chaanah.crichton@fluenceenergy.com.
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