Pioneers for energy security: fluence and transnetbw start construction of germany's first grid booster

Erlangen, germany, june 10, 2024 (globe newswire) -- fluence energy gmbh (“fluence”), a subsidiary of fluence energy, inc. (nasdaq: flnc), a leading global provider of energy storage products and services, and optimisation software for renewables and storage, and transnetbw gmbh, the transmission system operator in the german state of baden-wÜrttemberg, have started the construction of germany's first and largest battery-based energy storage system deployed as a part of the country's critical transmission network infrastructure. the breaking ground event on june 10, 2024, was attended by thekla walker, minister for the environment, climate protection, and the energy sector of baden wÜrttemberg, as well as other local, regional, and national decision makers.
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