Fluence Surges: Battery Storage Race Heats Up

Fluence stock jumps on a major solar-plus-storage project in Arizona with Torch Clean Energy, boosted by domestic component tax credits and a Goldman Sachs upgrade. This follows a volatile week with a 20% surge after JPMorgan's massive battery storage investment plan. Data center demand and Inflation Reduction Act support fuel further growth, positioning Fluence as a key player in the escalating energy storage market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.