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Fluence to Provide U.S. Domestic Content Smartstack System for Avantus 800 MWh Rexford 2 Project in Southern California

Fluence (NASDAQ: FLNC) announced an agreement with Avantus to supply its advanced Smartstack™ energy storage system and turnkey Engineering, Procurement, and Construction (EPC) services for the Rexford 2 solar-plus-storage project in Tulare County, California.

(Moderate)

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Fluence (NASDAQ: FLNC) announced an agreement with Avantus to supply its advanced Smartstack™ energy storage system and turnkey Engineering, Procurement, and Construction (EPC) services for the Rexford 2 solar-plus-storage project in Tulare County, California. Rexford 2 will feature a 200 MW / 800 MWh, 4-hour duration battery system paired with a solar facility, expected to provide firm, on-demand capacity sufficient to power about 84,000 Southern California homes once operational.

The Smartstack system will incorporate U.S. domestic content produced through Fluence’s partner manufacturing network in states including Utah, South Carolina, and Texas. According to Fluence, the project is expected to create more than 500 union jobs at peak construction, generate hundreds of millions of dollars in local tax revenue, and begin construction in 2027 with targeted commercial operation in late 2028.

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Positive

  • 200 MW / 800 MWh Smartstack system contracted for Rexford 2 project
  • Fluence to provide turnkey EPC services in addition to technology
  • Uses U.S. domestic content from partner facilities in Utah, South Carolina, Texas
  • Project expected to create over 500 union jobs at peak construction
  • Rexford 2 projected to generate hundreds of millions of dollars in local tax revenue

Negative

  • None.

News Explained

The disclosure adds a future project-delivery commitment for Fluence; Rexford 2 is not yet an operating asset.

The July 13, 2026 release says Fluence has an agreement with Avantus to provide the Smartstack battery system and turnkey EPC services for Rexford 2; the project is at the agreement stage rather than commercial operation.

The arrangement combines delivery of storage equipment with engineering, procurement, and construction services, creating a project-delivery commitment for Fluence.

Rexford 2 is specified as a 200 MW / 800 MWh battery system paired with solar, using a four-hour-duration Smartstack system with U.S. domestic content.

Construction is expected to begin in 2027, and commercial operation is targeted for late 2028; those milestones mark the next disclosed progress points.

Argus Jul 14 session 8 alerts
+2.97% close to close 0.1x rel. volume Open Argus
Details

News Market Reaction – FLNC

+2.3% Peak in 1 hr 7 min
$2.15B Market Cap

On Jul 14, the first trading day after this news, FLNC closed 2.97% above the previous close. Argus tracked a peak move of +2.3% during that session. Our momentum scanner recorded 8 alerts for this stock that day.

Data tracked by StockTitan Argus for the Jul 14 session.

Key Figures

Battery power capacity: 200 MW Battery energy capacity: 800 MWh Homes powered: 84,000 homes +4 more
Battery power capacity
200 MW
Rexford 2 battery energy storage system
Battery energy capacity
800 MWh
Rexford 2 battery energy storage system
Homes powered
84,000 homes
Expected firm, on‑demand capacity to California grid
System duration
4 hours
Smartstack system discharge duration
Union jobs at peak
More than 500 jobs
Rexford 2 construction employment
Construction start
2027
Expected start of Rexford 2 construction
Commercial operation target
Late 2028
Rexford 2 commercial operation date

Historical Context

5 past events · Latest: Jun 23
5 events
  1. Jun 23

    Product platform update

    24h Move
    -15.8%

    Launch of higher‑density Smartstack 10 MWh grid‑scale storage system.

  2. Jun 11

    Sustainability report

    24h Move
    +12.3%

    Release of FY 2025 sustainability report and ESG progress update.

  3. Jun 09

    Performance validation

    24h Move
    +1.5%

    DNV validation of high availability for large battery storage projects.

  4. May 13

    Secondary offering pricing

    24h Move
    +3.9%

    Pricing of 20M‑share secondary offering by existing stockholders.

  5. May 12

    Secondary offering launch

    24h Move
    -15.7%

    Announcement of 20M‑share secondary offering by controlling stockholders.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

engineering, procurement, and construction (epc), battery energy storage system, commercial operation
3 terms
engineering, procurement, and construction (epc) technical
"provide its advanced Smartstack™ energy storage solution and turnkey Engineering, Procurement, and Construction (EPC) services"
Engineering, procurement, and construction (EPC) is a contracting model in which one firm designs a project, buys the required equipment and materials, and builds the facility, delivering a finished, ready-to-operate asset. Investors care because EPC contracts bundle responsibility for cost, schedule and quality with a single party—like hiring a general contractor for a home renovation—so project risk, potential delays and cost overruns hinge on that contractor’s performance and financial strength.
battery energy storage system technical
"Rexford 2 will include a 200 MW / 800 MWh battery energy storage system paired with a solar facility"
A battery energy storage system is a device that stores electricity for later use, much like a rechargeable battery for a phone or laptop. It allows energy generated during times of low demand or from renewable sources to be saved and released when needed, helping to balance supply and demand. For investors, it represents a way to support reliable energy flow and capitalize on the increasing demand for flexible, clean power solutions.
commercial operation technical
"Construction is expected to begin in 2027, and the project is targeted to reach commercial operation in late 2028"
Commercial operation is the point when a facility, product or service moves from testing, commissioning or pilot stages into regular, revenue-generating use. Think of it like a restaurant opening for full service after a soft launch: the business starts selling to customers on an ongoing basis and the operation is sized and staffed to meet normal demand. Investors track this milestone because it marks the start of predictable income and lets analysts model future revenue and costs more reliably.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Solar-plus-storage project will utilize Fluence’s domestically produced Smartstack system to support local jobs, grid reliability, and power affordability

ARLINGTON, Va., July 13, 2026 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, today announced an agreement with Avantus to provide its advanced Smartstack™ energy storage solution and turnkey Engineering, Procurement, and Construction (EPC) services for the Rexford 2 project.

Located in Tulare County, California, Rexford 2 will include a 200 MW / 800 MWh battery energy storage system paired with a solar facility. Once operational, the project is expected to deliver firm, on-demand capacity to the California grid, enough to power 84,000 Southern California homes with clean, reliable energy.

Fluence will deploy its 4-hour duration Smartstack system incorporating U.S. domestic content. The system will utilize Fluence’s network of partner manufacturing facilities in states including Utah, South Carolina, and Texas, where key components such as battery cells, modules, enclosures, and thermal management systems are produced. By drawing on this U.S.-based manufacturing network, the project will support the continued advancement of domestically produced energy storage technology.

“Delivering a project of this magnitude requires deep expertise to help ensure long-term performance. By combining our end-to-end EPC capabilities with our advanced, U.S.-built Smartstack solution, we are streamlining deployment for Avantus,” said John Zahurancik, Chief Customer Success Officer at Fluence. “We are proud to leverage our proven track record to build a highly reliable and flexible power foundation for California’s energy future.”

“Providing affordable, reliable clean energy solutions at scale requires the right partners. Our work with Fluence on Rexford 2 will strengthen the grid, build domestic supply chains, and bring much-needed energy capacity to California,” said Tony Frontino, Executive Vice President of Strategic Sourcing and Asset Management at Avantus.

Rexford 2 is expected to create more than 500 union jobs at peak construction, in addition to permanent local operations roles. The project is projected to generate hundreds of millions of dollars in local tax revenue for Tulare County, supporting public services and infrastructure. Additionally, Rexford 2 will be constructed on previously disturbed land, minimizing environmental impacts.

Construction is expected to begin in 2027, and the project is targeted to reach commercial operation in late 2028.

About Fluence  
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The company's solutions and operational services are helping to create a more resilient grid, from powering the next generation of AI-driven data centers to unlocking the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the company is transforming the way we power our world for a more sustainable future.

For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog.  

Cautionary Note Regarding Forward-Looking Statements
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of the Rexford 2 project, including capacity, projected construction and commercial operation timelines, expected impact of these projects on the local economy, including local labor force, tax revenue, public services and infrastructure, and environment, de-risking expectations, and statements regarding beliefs, assumptions, prospects, plans, and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as "may," "possible," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "commits", "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, severe weather events impacting the project and timelines, changes to the regulatory environment in the United States and/or California, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence’s control which may cause the energy storage system to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, filed with the Securities and Exchange Commission ("SEC") on November 29 2025, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Media Contact
Shayla Ebsen, Director of Communications
Email: media.corporate@fluenceenergy.com

Analyst Contact
Chris Shelton, Vice President of Finance, GID, and IR
Email: investorrelations@fluenceenergy.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Fluence (NASDAQ: FLNC) announce about the Avantus Rexford 2 energy storage project?

Fluence announced an agreement with Avantus to provide its Smartstack™ energy storage system and turnkey EPC services for the Rexford 2 project. According to Fluence, the project combines a 200 MW / 800 MWh battery system with a solar facility in Tulare County, California.

How large is the Fluence Smartstack system for the Avantus Rexford 2 project in California?

The Fluence Smartstack system for Rexford 2 is designed at 200 MW / 800 MWh with 4-hour duration. According to Fluence, this capacity is expected to deliver firm, on-demand energy sufficient to power approximately 84,000 Southern California homes when the project is operational.

When will construction and commercial operation begin for the Avantus Rexford 2 project using Fluence technology?

Construction of Rexford 2 is expected to begin in 2027, with commercial operation targeted for late 2028. According to Fluence, the project schedule supports long-term planning for grid reliability and allows time to leverage its U.S.-based manufacturing network for Smartstack components.

How does U.S. domestic content feature in Fluence’s Smartstack system for the Rexford 2 project?

Fluence’s Smartstack system for Rexford 2 will incorporate U.S. domestic content produced through partner facilities. According to Fluence, key components like battery cells, modules, enclosures, and thermal management systems are made in states including Utah, South Carolina, and Texas, supporting domestic supply chains.

What economic impact is expected from the Avantus Rexford 2 project supplied by Fluence (FLNC)?

Rexford 2 is expected to create more than 500 union jobs at peak construction and generate hundreds of millions of dollars in local tax revenue. According to Fluence, the project will also support permanent local operations roles and regional public services in Tulare County.

How will the Fluence-equipped Rexford 2 project support California’s power grid and clean energy goals?

Rexford 2 is expected to provide firm, on-demand clean capacity to the California grid, enough to power about 84,000 homes. According to Fluence, pairing storage with solar strengthens grid reliability, supports power affordability, and builds a flexible foundation for California’s clean energy future.

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