STOCK TITAN

U.S. Senator John Curtis Visits Utah Manufacturing Facility Producing Fluence Battery Modules; Highlights Energy Jobs and Domestic Battery Supply Chain

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Fluence Energy (NASDAQ: FLNC) hosted U.S. Senator John Curtis (R-UT) at their Utah manufacturing facility that produces battery modules for energy storage systems. The visit highlighted Fluence's expanding U.S. manufacturing investments, supported by federal tax credits. The company sources battery cells from a facility in Smyrna, Tennessee - the first U.S. facility to manufacture LFP battery cells for utility-scale storage - and is expanding operations with partners in Arizona and Texas.

Since announcing Utah operations in 2022, Fluence has strengthened its domestic supply chain commitment, aiming to onshore production of major components for grid-scale battery systems. The company's solutions support grid flexibility and reliability while contributing to U.S. energy security and regional economic growth.

Fluence Energy (NASDAQ: FLNC) ha ospitato il senatore statunitense John Curtis (R-UT) presso il loro stabilimento produttivo nello Utah, dove vengono realizzati moduli batteria per sistemi di accumulo energetico. La visita ha messo in evidenza gli investimenti in espansione di Fluence nella produzione statunitense, sostenuti da crediti d'imposta federali. L'azienda si rifornisce di celle batteria da un impianto a Smyrna, Tennessee - il primo negli Stati Uniti a produrre celle LFP per accumulo su larga scala - e sta ampliando le operazioni con partner in Arizona e Texas.

Da quando ha annunciato le attività nello Utah nel 2022, Fluence ha rafforzato il proprio impegno nella catena di approvvigionamento nazionale, puntando a riportare in patria la produzione dei componenti principali per sistemi di batterie su scala di rete. Le soluzioni dell'azienda supportano la flessibilità e l'affidabilità della rete elettrica, contribuendo alla sicurezza energetica degli Stati Uniti e alla crescita economica regionale.

Fluence Energy (NASDAQ: FLNC) recibió al senador estadounidense John Curtis (R-UT) en su planta de fabricación en Utah, donde producen módulos de baterías para sistemas de almacenamiento de energía. La visita destacó las crecientes inversiones de Fluence en manufactura en EE.UU., respaldadas por créditos fiscales federales. La compañía obtiene celdas de batería de una planta en Smyrna, Tennessee, la primera en EE.UU. en fabricar celdas LFP para almacenamiento a gran escala, y está expandiendo operaciones con socios en Arizona y Texas.

Desde que anunció sus operaciones en Utah en 2022, Fluence ha fortalecido su compromiso con la cadena de suministro nacional, buscando trasladar la producción de componentes clave para sistemas de baterías a nivel de red al país. Las soluciones de la empresa apoyan la flexibilidad y confiabilidad de la red eléctrica, contribuyendo a la seguridad energética de EE.UU. y al crecimiento económico regional.

Fluence Energy (NASDAQ: FLNC)는 유타 주 제조 시설에서 미국 상원의원 John Curtis (R-UT)를 초청했습니다. 이 시설은 에너지 저장 시스템용 배터리 모듈을 생산합니다. 이번 방문은 연방 세금 공제의 지원을 받는 Fluence의 미국 내 제조 투자 확대를 부각시켰습니다. 회사는 테네시주 스마이나에 위치한 시설에서 배터리 셀을 조달하는데, 이곳은 유틸리티 규모 저장용 LFP 배터리 셀을 생산하는 미국 최초의 시설입니다. 또한 애리조나와 텍사스의 파트너와 함께 사업을 확장하고 있습니다.

2022년 유타 운영을 발표한 이후 Fluence는 국내 공급망 강화에 주력하며 그리드 규모 배터리 시스템의 주요 부품 생산을 국내로 이전하는 것을 목표로 하고 있습니다. 회사의 솔루션은 그리드 유연성과 신뢰성을 지원하며 미국 에너지 안보와 지역 경제 성장에 기여합니다.

Fluence Energy (NASDAQ : FLNC) a accueilli le sénateur américain John Curtis (R-UT) dans son usine de fabrication de l'Utah, qui produit des modules de batteries pour systèmes de stockage d'énergie. Cette visite a mis en lumière les investissements croissants de Fluence dans la fabrication aux États-Unis, soutenus par des crédits d'impôt fédéraux. L'entreprise s'approvisionne en cellules de batterie dans une usine à Smyrna, Tennessee – la première aux États-Unis à fabriquer des cellules LFP pour le stockage à grande échelle – et étend ses opérations avec des partenaires en Arizona et au Texas.

Depuis l'annonce de ses opérations dans l'Utah en 2022, Fluence a renforcé son engagement envers la chaîne d'approvisionnement nationale, visant à relocaliser la production des composants majeurs pour les systèmes de batteries à l'échelle du réseau. Les solutions de l'entreprise soutiennent la flexibilité et la fiabilité du réseau électrique tout en contribuant à la sécurité énergétique des États-Unis et à la croissance économique régionale.

Fluence Energy (NASDAQ: FLNC) empfing den US-Senator John Curtis (R-UT) in seiner Produktionsstätte in Utah, die Batteriemodule für Energiespeichersysteme herstellt. Der Besuch hob Fluences wachsende Investitionen in die US-amerikanische Fertigung hervor, die durch bundesstaatliche Steuergutschriften unterstützt werden. Das Unternehmen bezieht Batteriezellen aus einer Anlage in Smyrna, Tennessee – der ersten US-Anlage zur Herstellung von LFP-Batteriezellen für großmaßstäbliche Speicher – und erweitert die Aktivitäten mit Partnern in Arizona und Texas.

Seit der Ankündigung der Aktivitäten in Utah im Jahr 2022 hat Fluence sein Engagement für die heimische Lieferkette verstärkt und strebt an, die Produktion wichtiger Komponenten für netzgebundene Batteriesysteme zu verlagern. Die Lösungen des Unternehmens fördern die Flexibilität und Zuverlässigkeit des Stromnetzes und tragen zur Energiesicherheit der USA sowie zum regionalen Wirtschaftswachstum bei.

Positive
  • Expansion of U.S. domestic manufacturing footprint across multiple states (Utah, Arizona, Texas)
  • Access to federal tax credits supporting manufacturing operations
  • Partnership with first U.S. facility manufacturing LFP battery cells for utility-scale storage
  • Strategic positioning to meet growing U.S. domestic energy storage demand
Negative
  • None.

Insights

Fluence's strategic expansion of U.S. manufacturing leverages federal tax incentives, positioning it favorably in the domestic energy storage supply chain.

Fluence's manufacturing expansion in Utah represents a significant strategic pivot in the company's supply chain positioning. After initially announcing operations in Utah in 2022, the company has now established a comprehensive domestic manufacturing ecosystem spanning multiple states including Tennessee, Arizona, and Texas. This coordinated approach to onshoring production directly addresses the historical trend where battery production shifted overseas despite growing U.S. demand.

The federal tax credits referenced in the release are a crucial economic driver for this manufacturing strategy. These incentives effectively reduce the cost gap between domestic and international production, improving Fluence's competitive position while building supply chain resilience. By sourcing LFP battery cells from the first U.S. facility producing these components for utility-scale storage (in Smyrna, Tennessee), Fluence is positioning itself at the forefront of a rebounding domestic battery ecosystem.

Senator Curtis's visit highlights the political support for this manufacturing approach, particularly the bipartisan recognition of energy storage's role in grid modernization. The emphasis on an "all-of-the-above" energy approach indicates continued policy stability for companies like Fluence investing in domestic manufacturing capacity.

Most notably, this manufacturing strategy creates a competitive moat through supply chain security. As grid-scale storage demand accelerates, companies with established domestic supply chains will likely face fewer regulatory hurdles, shipping delays, and geopolitical risks compared to competitors relying primarily on international sourcing. This positions Fluence to potentially capture premium pricing from customers prioritizing domestic content and supply reliability.

ARLINGTON, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (Nasdaq: FLNC), a global market leader delivering intelligent energy storage systems, operational services, and asset optimization software, welcomed U.S. Senator John Curtis (R-UT) to the Utah-based manufacturing facility that is producing Fluence’s battery modules. The visit spotlighted Fluence’s growing investment in U.S.-based manufacturing and its leadership in building a resilient domestic supply chain for battery energy storage solutions that has been accelerated by the availability of federal tax credits that directly support manufacturing in the United States.

Senator Curtis toured the U.S. domestic manufacturing facility and joined Fluence executives for a press conference and discussion centered on the economic and strategic benefits of U.S. domestic energy production and manufacturing.

“As energy demand continues to grow, we need an all-of-the-above approach that supports Utahns and provides the long-term certainty businesses need to invest and expand,” said Senator Curtis. “In Utah, we’ve seen firsthand how smart policies—like energy tax credits—can drive innovation, strengthen our economy, and create real opportunity. I was pleased to visit Fluence’s energy storage operations at the manufacturing facility in Tooele County to see the value of these incentives in meeting both our energy production and economic development goals.”

Since first announcing operations in the manufacturing facility in Utah in 2022, Fluence has quickly expanded its U.S. domestic manufacturing footprint, sourcing battery cells from a supplier in Smyrna, Tennessee—the first facility in the United States to manufacture LFP battery cells for utility-scale stationary energy storage. The company is working with manufacturing partners to ramp up the use of U.S. domestic manufacturing facilities in Arizona and Texas, further anchoring its commitment to onshoring production in the United States of every major product and component of its grid-scale battery energy storage systems for U.S. demand.

“We’re proud to host Senator Curtis and show firsthand how U.S. federal policy is translating into high-impact local manufacturing investment,” said John Zahurancik, President, Fluence Americas. “When the industry first started putting battery storage onto the grid in 2008, the core equipment was sourced from facilities in the United States. Since then, production has largely shifted overseas, even though U.S. domestic demand has skyrocketed. This facility is building the future of energy storage right here in Utah, and we’re helping to build the foundation for the United States to once again be a leader in battery manufacturing.”

Fluence’s solutions support a more flexible, reliable, and modernized power grid. By expanding access to U.S. manufacturing and sourcing U.S. domestically produced materials, Fluence is supporting the United States’ growing energy demand and energy security goals while contributing to regional economic growth.

A short video recap featuring remarks from Senator Curtis and John Zahurancik is available here.

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 and unlock 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 Statement Regarding Forward-Looking Statements   

The statements described herein 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 anticipated performance at the Utah contract manufacturing facility, capability of Fluence to help meet increasing energy demand, serve regional markets, and contribute to regional economic growth, performance of Fluence energy storage systems, our U.S. domestic content strategy, and expected impacts and benefits from the Inflation Reduction Act of 2022 and domestic content guidelines on us and on our customers. 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,” “seeks,” “expects,” “plans,” “anticipates,” “grows,” “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, regulatory changes in jurisdictions in which we operate, including relating to government incentive and specifically the Inflation Reduction Act of 2022, and other factors set forth under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission (“SEC”) on November 29, 2024, 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.

Americas Media Contact
Ben Smith, Senior Director of Marketing, Americas
Email: ben.smith@fluenceenergy.com
Phone: +1 (413) 522-2347

Analyst Contact
Lexington May, Vice President of Investor Relations and Sustainability
Email: investorrelations@fluenceenergy.com
Phone: +1 (713) 909-5629


FAQ

What is Fluence Energy's (FLNC) manufacturing presence in the United States?

Fluence Energy operates a battery module manufacturing facility in Utah and is expanding operations with partners in Arizona and Texas. They also source battery cells from a facility in Smyrna, Tennessee.

How are federal tax credits benefiting Fluence Energy's (FLNC) U.S. operations?

Federal tax credits are directly supporting Fluence's U.S.-based manufacturing operations and helping accelerate the development of a resilient domestic supply chain for battery energy storage solutions.

Where does Fluence Energy (FLNC) source its LFP battery cells?

Fluence sources its LFP battery cells from a facility in Smyrna, Tennessee, which is the first U.S. facility to manufacture LFP battery cells for utility-scale stationary energy storage.

When did Fluence Energy (FLNC) begin its manufacturing operations in Utah?

Fluence Energy first announced its manufacturing operations in Utah in 2022.
Fluence Energy, Inc.

NASDAQ:FLNC

FLNC Rankings

FLNC Latest News

FLNC Stock Data

654.90M
90.31M
31%
81.01%
13.99%
Utilities - Renewable
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States
ARLINGTON