- PRESS RELEASE -
Global energy storage technology provider among top-ranked in the Energy category
Arlington, VA -- March 9, 2021 -- Fluence, the leading energy storage technology, software and services provider, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021.
The list honors the businesses that have not only found a way to be resilient in the past year, but also turned those challenges into impact-making processes. These companies did more than survive, they thrived—making an impact on their industries and culture as a whole. This year’s MIC list features 463 businesses from 29 countries.
“We are honored to once again be included in Fast Company’s MIC list. Fluence and its predecessor companies have led the energy storage industry for more than a decade, and we are proud to drive new applications and technological innovation,” said Brett Galura, chief technology officer at Fluence. “Working closely with partners globally, we are continuing to develop advanced technology and using our market expertise to help our customers transform the way we power our world and create a more sustainable future.”
2020 represented a significant year for Fluence and the global energy storage industry, which saw record deployments. In June, the company released its 6th generation Technology Stack, comprised of integrated hardware (Fluence Cube), operating software (Fluence OS) and digital intelligence (Fluence IQ), which can reduce non-battery costs of energy storage systems by up to 25% and has helped drive the industry’s transition to modular, scalable form factors.
In October, Fluence announced the acquisition of AMS and its artificial intelligence-enabled market bidding software, which is currently used by energy asset owners to optimize approximately 15 percent of all wind and solar energy assets bidding into the Australian National Electricity Market (NEM), as well as Pacific Gas and Electric Company’s 182.5 MW, 730 MWh battery energy storage system in Moss Landing, Calif.
Fluence wrapped up 2020 with an announcement that the Qatar Investment Authority (QIA) had committed to invest $125 million in Fluence through a private placement transaction, with AES and Siemens remaining majority shareholders.
Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“In a year of unprecedented challenges, the companies on this list exhibit fearlessness, ingenuity, and creativity in the face of crisis,” said Fast Company Deputy Editor David Lidsky, who oversaw the issue with Senior Editor Amy Farley.
To coincide with the issue launch, Fast Company will host its first-ever Most Innovative Companies Summit on March 9 and 10. This virtual, multiday summit will celebrate the Most Innovative Companies in business, provide an early look at major business trends, and offer the inspiration and practical insights on what it takes to innovate in 2021.
Fast Company’s Most Innovative Companies issue (March/April 2021) is now available online here, as well as in app form via iTunes and on newsstands beginning March 16, 2021. The hashtag is #FCMostInnovative.
Fluence, a Siemens and AES company, is the global market leader in energy storage technology, software and services, combining the agility of a technology company with the expertise, vision and financial backing of two well-established and respected industry giants. Building on the pioneering work of AES Energy Storage and Siemens energy storage, the company's goal is to create a more sustainable future by transforming the way we power our world. Built on a Technology Stack of integrated hardware, software and data-driven digital intelligence, Fluence offers proven energy storage technology solutions that address the diverse needs and challenges of customers in a rapidly transforming energy landscape. The company currently has approximately 2.4 gigawatts of projects deployed or awarded across 24 countries and territories worldwide. Fluence topped Guidehouse’s utility-scale energy storage leaderboard in 2020 and its sixth-generation Tech Stack won Commercial Technology of the Year at the 22nd annual S&P Global Platts Global Energy Awards. In 2019 and 2021, it was named one of Fast Company’s Most Innovative Companies.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Stephanie Mehta. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.