Fluence's Battery Project Milestone Boosts Shares

Fluence Energys shares surged over five percent in afternoon trading, following a significant milestone in their UK project and a positive outlook from investors. The companys UK subsidiary, in partnership with Varco Energy, began full commercial operation of the Sizing John battery storage project, marking a successful step forward. Additionally, Fluence was chosen to expand this site in a second phase, indicating continued business momentum. Despite earlier concerns about the companys high valuation, investors now focus on operational achievements, with shares rising forty-one percent since the beginning of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.