Business Wire

Energy Storage Company Fluence Unveils SunFlex Energy Storage, its New Technology Platform for Solar PV

Jaa

Fluence, an energy storage company owned by Siemens and The AES Corporation, announced its new technology platform, called SunFlex Energy Storage, that both improves and expands the capabilities of photovoltaic solar generation, already the fastest growing resource in the power sector. The company's newest energy storage technology platform enables solar facilities to sell up to 50 percent more clean energy per site, eliminates solar variability across the day – such as that caused by passing clouds – and expands the delivery of energy into the night, creating an on-demand solar resource.

“Solar and energy storage are the cheapest way to provide power in a number of markets today, and will reach economic parity in many more countries over the next five years,” said Stephen Coughlin, president and CEO of Fluence. "With Fluence’s SunFlex Energy Storage platform, customers can now deliver clean, abundant and low-cost solar energy on-demand, day or night.”

The growth in solar generation globally has been remarkable with the share of photovoltaics as a percentage of total generation doubling seven times between 2000 and 2015, according to Bloomberg New Energy Finance. However, the industry faces headwinds as increasing solar generation creates challenges for network operators, tasked with controlling system reliability, to manage the uncertainty caused by this variable resource. With Fluence's new technology platform, solar energy can now be delivered when it is needed most, not just when it is available. This innovation eliminates the need for back-up generation, such as peaking gas plants or reciprocating engines, to manage solar variability. This is especially critical on many microgrids and islands, where solar and storage combined are now the cheapest and most reliable form of energy available.

"The Fluence team originally developed energy storage solutions to replace inefficient or underutilized traditional power infrastructure assets such as power reserves, peaking, or wires," said John Zahurancik, COO of Fluence. “Today, as new power investment is flowing mainly into new solar generation, we have the chance to make this more efficient from the start. With our solution, we can get more solar energy from the same site and make the best use of our power networks.”

The Fluence SunFlex Energy Storage technology platform builds upon many of the industry-leading controls and architectural principles from Advancion and Siestorage, the company’s two technology platforms and the experience gained from working with leading solar developers such as sPower and AES Distributed Energy. The new platform captures the solar energy that otherwise would be lost during daily peak solar hours, and will increase the volume of energy delivered from a single site by up to 50 percent by allowing developers to add more solar panels without the cost of changing their interconnection. In addition, the new platform improves plant stability by smoothing and limiting the ramping of solar output, and in many areas, simplifies the interconnection process for combined solar and storage facilities. These improvements are only available from tailored energy storage solutions like Fluence’s SunFlex Energy Storage platform. In addition, energy storage can expand the capabilities of solar facilities by increasing the capacity factor of the plant and adding new sources of revenue from frequency regulation and other grid services.

With 10 years of experience and nearly 500 MW of energy storage projects deployed or awarded, Fluence is the leading energy storage technology and services company. Fluence combines the experience, talent and backing of industry giants and storage market leaders Siemens and AES to offer an unparalleled suite of energy storage capabilities. The Fluence team focuses on solving customers’ energy problems and prioritizing lasting partnerships over simply delivering products.

Learn more about Fluence, its team, and its new technology and service offerings at http://fluenceenergy.com.

About Fluence

Fluence, a Siemens and AES company, is a global energy storage technology solutions and services company that combines the agility of a technology company with the expertise, vision, and financial backing of two industry powerhouses. As the successor to industry pioneers AES Energy Storage and Siemens energy storage, Fluence’s goal is to create a more sustainable future by transforming the way we power our world. The company offers proven energy storage technology solutions designed to address the diverse needs and challenges of customers in a rapidly transforming energy landscape, providing design, delivery and integration in over 160 countries. Fluence works closely with customers throughout their journey and provides advisory, financing, and project lifecycle services. To date, Fluence’s teams have deployed or been awarded a market-leading 56 projects with a total capacity of 485 MW in 15 countries. To learn more, visit http://fluenceenergy.com/ and follow Fluence on Twitter at @FluenceEnergy.

Contact information

Media:
Fluence
Steven Goldman, 703-721-8673
steven.goldman@fluenceenergy.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme tältä julkaisijalta, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

DXC Technology Named a 2018 Thomson Reuters Top 100 Global Technology Leader19.1.2018 02:12Tiedote

DXC Technology (NYSE: DXC) has been recognized as a 2018 Top 100 Global Technology Leader by Thomson Reuters. The inaugural program identifies the tech industry’s most operationally sound and financially successful organizations. The Thomson Reuters Top 100 Global Tech Leaders study, the industry’s first holistic assessment of today’s leading tech companies, utilizes a 28-point data-driven algorithm to objectively identify organizations positioned to thrive in a complex and changing business environment. The patent pending methodology, developed by the Thomson Reuters Boston Innovation Lab, is based on eight principal pillars of performance: Financial Performance, Management and Investor Confidence, Risk and Resilience, Legal Compliance, Innovation, People and Social Responsibility, Environmental Impact, and Reputation. According to Thomson Reuters, these are the companies whose final scores across the pillars outshine over 5,000 other technology companies around the world. “DXC Techno

IFF Honors Dominique Ropion with Prestigious Master Perfumer Title19.1.2018 00:15Tiedote

Regulatory News: This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180118006275/en/ Dominique Ropion (Photo: Business Wire) International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF), a leading innovator of sensory experiences that move the world, has named Dominique Ropion Master Perfumer. The Company’s designation recognizes perfumers who have demonstrated consistent and outstanding levels of creativity and craftsmanship in the art of perfumery, and exceptional leadership in and measurable impact on the industry. Mr. Ropion is the second perfumer at IFF recognized with the prestigious title, which was established in 2013. “At the heart of IFF are the people who consistently go above and beyond to passionately pursue their art and by doing so, revolutionize the industry,” said IFF Chairman & CEO Andreas Fibig. “In his 17 years with us, Dominique has consistently achieved this outstanding level of creativity and p

The Securities & Exchange Commission Announces Several Judgments And Injunctions Entered Against Defendants In The SEC v. Benger, et al. Litigation18.1.2018 22:21Tiedote

The following statement is being issued by the Securities & Exchange Commission regarding Benger Fair Fund Class Action: Legal Notice BENGER FAIR FUND NOTICE The United States Securities and Exchange Commission authorized this Notice. This is not a solicitation from a lawyer. If you purchased or otherwise acquired China Voice Holding Corp., Biomoda, Inc., Pharma Holdings Inc., World Energy Solutions, Inc., Revolutions Medical Corp., Earthsearch Communications, Inc., and Essential Innovations Technology Corp. common shares from Defendants outside of the United States between March 1, 2007 and February 28, 2009, inclusive (the “Relevant Period”), you may be entitled to receive a monetary payment from the Benger Fair Fund (“Fair Fund”). Background In the action titled Securities and Exchange Commission v. Benger, et al. pending in the United States District Court for the Northern District of Illinois, Case No. 09-CV-676, several judgments and injunctions were entered against defendants Ha

Pharnext’s Pivotal Phase 3 Trial PLEO-CMT to Be Featured at the 22nd Edition of the Francophone Peripheral Nerve Society Conference18.1.2018 19:45Tiedote

Regulatory News: Pharnext SA (Paris:ALPHA) (FR0011191287 - ALPHA), a biopharmaceutical company pioneering a new approach to the development of innovative drugs based on the combination and repositioning of known drugs, today announced the Company will present an update from its ongoing pivotal Phase 3 clinical trial PLEO-CMT evaluating PXT3003 for the treatment of Charcot-Marie-Tooth type 1A disease (CMT1A), in an oral session during the 22nd edition of the Francophone Peripheral Nerve Society conference. The gathering will take place on January 26-27, 2018 in Paris (France). Details of the presentation are as follows: Date Time Session Friday January 26, 2018 From 3:03 to 3:15pm CET Selected Oral Communications Session Title: Status of the Pivotal Phase III Study (PLEO-CMT) Assessing the Efficacy and Safety of PXT3003 in the Treatment of Adult Patients with Charcot-Marie-Tooth type 1A Speaker : Prof. Shahram Attarian (Marseille) For more information about the event please visit : www.

ExaGrid Selected as Finalist for Storage Magazine’s 2017 “Product of the Year – Backup and DR Hardware” Award18.1.2018 19:45Tiedote

ExaGrid®, a leading provider of hyper-converged secondary storage for backup, today announced that its EX Series of backup storage appliances with data deduplication has once again been selected as a finalist for TechTarget’s Storage magazine/SearchStorage.com 2017 “Product of the Year” award in the “Backup and DR Hardware” category. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180118006039/en/ These annual awards, now in their 16th year, showcase the year’s latest and greatest innovations in technology. “These premier awards are of particular import as the panel of judges are genuine experts in an increasingly complex segment of data center technology,” said Bill Andrews, CEO and President of ExaGrid. “To have been selected given their stringent criteria is an honour of which we’re quite proud.” Only ExaGrid uses a scale-out architecture with a unique loading zone, which addresses all of the scalability and performance cha

Piraeus Bank Completes the Sale of a Portfolio of €0.2bn of Romanian Originated Loans to Kruk Group18.1.2018 19:22Tiedote

Piraeus Bank SA, in conjunction with Piraeus Bank Romania (together “the Bank”), have completed the sale of a portfolio of €0.2bn of Romanian originated loans to Kruk Group. The sale, together with sales of Romanian loans of €0.4bn in previous periods, have been part of the Bank’s focused and systematic actions, targeted to fulfill its restructuring plan obligations, NPE operational targets and de-risk its balance sheet. View source version on businesswire.com: http://www.businesswire.com/news/home/20180118006013/en/ Contact information Media enquiries: Piraeus Bank Group George Papaioannou, Head of Press Office +30 210 3288 830 or Powerscourt Alex Rowbottom +44 (0)20 7250 1446

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme