Provides modular energy storage systems and AI-powered software to optimize the integration and performance of renewable energy assets. Fluence’s solutions, including Gridstack and Mosaic, enable utilities and businesses to deploy, manage, and monetize energy storage and generation with improved efficiency and reduced costs.
Funding
$400M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Integrating renewable energy sources and energy storage systems into existing power grids presents challenges in optimizing performance, ensuring grid stability, and maximizing return on investment. Traditional methods often lack the agility and intelligence required to manage the complexities of modern energy markets and evolving grid conditions.
Solution
Fluence provides modular energy storage solutions and AI-powered software designed to optimize the integration and performance of renewable energy assets. Their product ecosystem includes standardized, factory-built energy storage systems configurable for various grid-scale applications, along with a comprehensive operating system (OS) for system control and visibility. Fluence also offers AI-driven bidding software to maximize revenue in wholesale energy markets and asset performance management (APM) software to drive down costs and increase revenue. These solutions enable utilities, developers, and independent power producers to deploy, manage, and monetize energy storage and generation assets with improved efficiency and reduced costs.
Target Audience
Fluence's primary customers include utilities, developers, and independent power producers seeking to optimize their renewable energy and energy storage assets for improved grid stability and financial returns.
Features
- Modular energy storage systems (Gridstack, Ultrastack, Sunstack, Edgestack, Smartstack) optimized for various applications and configurable to meet specific requirements
- Fluence OS: A fully integrated controls system for day-to-day management and dispatch, offering real-time system information and alarm notifications
- Mosaic: AI-powered bidding software that automates wholesale market participation to maximize asset value
- Nispera: Asset performance management software that optimizes wind, solar, hydro, and storage assets, integrating data across asset classes and OEM technologies
- Standardized technology stack with Fluence Cube, Fluence OS, and Fluence IQ digital platform
- Compliance with industry safety standards (UL9540, UL9540A, IEC) with embedded safety features throughout system controls and hardware
- Integration with ISOs, external systems, and third-party software applications via APIs and common protocols
- Robust network and cybersecurity management, including VPN-based remote access, multifactor authentication, and high-grade encryption