- PRESS RELEASE -
December 11, 2020 – Fluence was named Commercial Technology of the Year at the 22nd annual S&P Global Platts Global Energy Awards held virtually on December 10, 2020. Hosted by S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, the annual awards program honors organizations and individuals in the energy industry who are dedicated to achieving excellence.
Fluence’s 6th generation Technology Stack sets a new bar in large-scale battery-based energy storage by combining factory-built, highly modular building blocks with sophisticated software and digital intelligence to deliver scalable yet highly configurable energy storage solutions. Unlike conventional methodologies, Fluence takes a “platform” approach: the Tech Stack’s core integrated hardware, software and digital intelligence layers form the basis for standardized yet flexible solutions (Gridstack, Sunstack and Edgestack) needed to accelerate the transition to a low-carbon future.
Martin Fraenkel, president of S&P Global Platts: “We congratulate Fluence for its win of Commercial Technology of the Year. In a year that was so tumultuous, it was particularly impressive and heartening to see how this year’s group of winners re-organized around obstacles, forged ahead on ground-breaking technology, completed transformative deals and maintained focus on long-term energy sustainability. Tonight’s winners, and finalists, alike, are to be congratulated for their individual and collective accomplishments.”
“It is an honor to be recognized for our innovative energy storage technology from among a field of impressive finalists,” said Fluence CEO Manuel Perez Dubuc. “Built on 12 years of lessons from the field and more than 230 terabytes of system data, our 6th generation Tech Stack will support our global efforts to transform the way we power our world.”
Energy companies from 10 countries spanning four continents tonight received honors for leadership, innovation and exemplary performance. Actor-comedian-director Jason Alexander of cinema and television fame hosted the virtual event, which bestowed 22 awards upon companies and individuals.
For the full list of 2020 Global Energy Awards winners, including the judges’ rationale, visit the Global Energy Awards website. A full summary of the winners is available via the Insight Magazine, which includes sector-by-sector energy outlook analysis reports.
Fluence, a Siemens and AES company, is the global market leader in energy storage technology solutions 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. Providing design, delivery and integration, 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 2.4 gigawatts of projects in operation or awarded across 24 countries and territories worldwide. Fluence topped the Navigant Research utility-scale energy storage leaderboard in 2018 and was named one of Fast Company’s Most Innovative Companies in 2019.
To learn more about Fluence, please visit: fluenceenergy.com.
Director of Communications