Fluence Energy (FLNC) Extends 3-Day Run as Firm Bags 133MW Deal in Poland

We recently published 10 Stocks Stealing Wall Street’s Spotlight. Fluence Energy, Inc. (NASDAQ:FLNC) is one of the top performers on Monday.

Fluence extended its winning streak to a third straight day on Monday, surging 13.25 percent to end at $10.60 apiece as investors welcomed the bagging of a new supply deal for a 133-megawatt battery storage project in Poland.

In a statement, Fluence Energy, Inc. (NASDAQ:FLNC) said its subsidiary was awarded by DRI, the European renewables arm of Ukraine’s DTEK Group, to supply battery storage units for the Trzebinia project in southern Poland.

The 622 MWh Trzebinia project is set to be the largest battery storage facility taking part in the Polish Capacity Market when batteries are integrated into the system from 2027. It will deploy Fluence Energy, Inc.’s (NASDAQ:FLNC) Smartstack platform—a modular, high-density system designed to enable fast deployment and optimized performance over an asset’s lifetime.

The announcement followed DTEK’s energization of a 200MW project across six sites in Ukraine using Fluence Energy, Inc.’s (NASDAQ:FLNC) storage systems.

The project is designed to make Ukraine’s energy system more resilient in time for winter.

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Disclosure: None. This article is originally published at Insider Monkey.