Fluence Energy wins contract to build 254 MW, 1 GWh battery storage project for Vattenfall in Germany
Fluence Energy and Vattenfall have signed an agreement for a 254 MW battery system with more than 1,000 MWh of storage at Vattenfall’s Brunsbüttel site. Fluence will deliver the plant on a turnkey basis and provide long‑term service support. Construction is slated to start in 2027 with commissioning expected by the end of 2028, a project that will almost double Vattenfall’s existing battery capacity.
Why it matters
The contract adds a large‑scale order to Fluence’s pipeline, which helped its shares rise about 2% in pre‑market trading. Susquehanna kept a "Positive" rating but lowered its price target to $13, reflecting a modest upside view.
Key facts
- 1The battery will have a power output of 254 MW and a storage capacity of over 1,000 MWh. stocktitan.net
- 2Construction is planned to begin in 2027 and the facility is scheduled to be operational by the end of 2028. stocktitan.net
- 3The project will nearly double Vattenfall’s current battery storage capacity. stocktitan.net
- 4Fluence’s price‑to‑sales ratio is 0.39. gurufocus.com
- 5Fluence’s GF Score is 64 out of 100. gurufocus.com
- 6Insiders have sold $479.3 million of shares and bought $0.1 million in the past 12 months. gurufocus.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.