LEAG Clean Power and Fluence Energy will develop Europe’s largest battery storage system in Jänschwalde, Germany, enhancing energy transition efforts.
Quiver AI Summary
LEAG Clean Power GmbH and Fluence Energy GmbH are set to construct the largest battery energy storage system in Europe, a 1 GW / 4 GWh facility called GigaBattery Jänschwalde 1000 in Jänschwalde, Germany. This project highlights their leadership in energy technology and aims to address the challenges of energy availability in the transition to renewable energy sources. Using Fluence's Smartstack™ system, the facility will provide essential grid services, enhance energy security, and facilitate energy trading. The GigaBattery project is part of LEAG's broader strategy to integrate various renewable energy technologies within its GigawattFactory model. Both companies express pride in collaborating on such a significant initiative, emphasizing its potential to transform the energy landscape in Germany and beyond.
Potential Positives
- Fluence Energy and LEAG Clean Power are collaborating to build Europe’s largest battery energy storage system, a 1 GW / 4 GWH project, showcasing their leadership in energy technology.
- The GigaBattery Jänschwalde 1000 project addresses significant challenges in energy transition by providing constant energy availability, crucial for the stability of the grid.
- This initiative is supported by the German government's recognition of energy storage's critical role in ensuring a secure, affordable, and sustainable power system.
- The project reinforces Fluence's position as a market leader in energy storage solutions, enhancing its reputation and potential for future projects across Europe.
Potential Negatives
- Forward-looking statements in the press release indicate a reliance on assumptions and expectations that may not materialize, introducing significant uncertainty regarding the project's future performance.
- The project involves numerous risks and uncertainties—including severe weather, regulatory changes, and unforeseen circumstances—that could adversely impact its success and operational efficiency.
- Potential reliance on untested technologies and the challenges of integrating large-scale energy storage solutions into the existing grid may pose operational difficulties and affect the company's credibility.
FAQ
What is the GigaBattery Jänschwalde 1000 project?
The GigaBattery Jänschwalde 1000 project is Europe’s largest battery energy storage system, offering 1 GW / 4 GWh capacity in Jänschwalde, Germany.
Who are the partners involved in this project?
LEAG Clean Power GmbH and Fluence Energy GmbH are the key partners building the GigaBattery Jänschwalde 1000 project.
How will the GigaBattery support Germany’s energy transition?
The GigaBattery will stabilize the grid and enhance the integration of renewable energy sources, ensuring energy availability.
What technology is used in the GigaBattery project?
The project utilizes Smartstack™, Fluence’s advanced energy storage solution designed for optimal energy management.
Where will the GigaBattery be located?
The GigaBattery Jänschwalde 1000 will be built in Jänschwalde, a region known for its energy production in Germany.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FLNC Insider Trading Activity
$FLNC insiders have traded $FLNC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FLNC stock by insiders over the last 6 months:
- CYNTHIA A ARNOLD purchased 33,000 shares for an estimated $194,640
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$FLNC Hedge Fund Activity
We have seen 112 institutional investors add shares of $FLNC stock to their portfolio, and 130 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 3,517,050 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $23,599,405
- GOLDMAN SACHS GROUP INC removed 2,592,042 shares (-81.7%) from their portfolio in Q2 2025, for an estimated $17,392,601
- CENTERBOOK PARTNERS LP removed 2,345,140 shares (-91.3%) from their portfolio in Q2 2025, for an estimated $15,735,889
- BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. added 2,315,391 shares (+71.3%) to their portfolio in Q2 2025, for an estimated $15,536,273
- SG AMERICAS SECURITIES, LLC removed 1,798,232 shares (-96.2%) from their portfolio in Q3 2025, for an estimated $19,420,905
- POINT72 ASSET MANAGEMENT, L.P. added 1,486,852 shares (+50.7%) to their portfolio in Q2 2025, for an estimated $9,976,776
- HANDELSBANKEN FONDER AB removed 1,309,979 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $8,789,959
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$FLNC Analyst Ratings
Wall Street analysts have issued reports on $FLNC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Susquehanna issued a "Positive" rating on 10/13/2025
- Jefferies issued a "Underperform" rating on 10/09/2025
To track analyst ratings and price targets for $FLNC, check out Quiver Quantitative's $FLNC forecast page.
$FLNC Price Targets
Multiple analysts have issued price targets for $FLNC recently. We have seen 11 analysts offer price targets for $FLNC in the last 6 months, with a median target of $10.0.
Here are some recent targets:
- Dimple Gosai from B of A Securities set a target price of $17.0 on 10/24/2025
- Mark Strouse from JP Morgan set a target price of $10.0 on 10/16/2025
- Biju Perincheril from Susquehanna set a target price of $17.0 on 10/13/2025
- Julien Dumoulin-Smith from Jefferies set a target price of $11.0 on 10/09/2025
- Christine Cho from Barclays set a target price of $13.0 on 10/08/2025
- Brian Lee from Goldman Sachs set a target price of $15.0 on 10/08/2025
- Jon Windham from UBS set a target price of $8.0 on 08/27/2025
Full Release
COTTBUS, Germany and BERLIN, Nov. 07, 2025 (GLOBE NEWSWIRE) -- LEAG Clean Power GmbH and Fluence Energy GmbH, a subsidiary of Fluence Energy, Inc. (NASDAQ: FLNC) (Fluence), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, will build Europe’s largest battery energy storage system, a 1 GW / 4 GWH system in Jänschwalde, Germany, underlining their role as energy technology leaders in Europe. The GigaBattery Jänschwalde 1000 project will be powered by Smartstack™ , Fluence’s advanced energy storage solution.
LEAG Clean Power is rethinking energy. As an innovative power producer, LEAG Clean Power combines photovoltaic and wind energy systems with flexible power plants and large-scale storage facilities. This combination of different power technologies, termed as GigawattFactory , is growing at energy sites in the Lusatian energy region and at other locations in Germany. As an essential part of the energy industry, battery storage systems are playing a decisive role in advancing the energy transition.
“With this project, we are igniting another growth engine for our GigawattFactory,” said Adi Roesch, CEO of the LEAG Group. “By constructing gigascale storage facilities, we are addressing one of the biggest challenges of the energy transition: the constant availability of energy regardless of the availability of renewable energies. The key to the energy system of the future lies in a combination of renewable energies, storage facilities that can be used as needed, and flexible power plants.”
“We are proud to partner on a project of this scale and importance and congratulate LEAG Clean Power on this milestone for the energy future of Germany and Europe,” said Julian Nebreda, President and CEO, Fluence. “This flagship project demonstrates that when expertise, vision, and courage come together, a major transformation is possible. Together, we can transform the energy system and thus the foundation of our economy and our everyday lives.”
This year, the German government reaffirmed the crucial role of energy storage in ensuring a secure, affordable, and sustainable power system. Together, LEAG and Fluence are applying cutting-edge technologies to strengthen system stability and better integrate renewable energy. The GigaBattery Jänschwalde 1000 system will be designed to deliver essential grid services, support energy trading, reinforce Germany’s energy security, and drive the energy transition forward at scale.
“The size of this project makes it something special," said Thomas Brandenburg, Managing Director of LEAG Clean Power GmbH. “The technical design as a four-hour storage facility helps to stabilize the grid and enables optimal utilization of the existing grid connection. We are looking forward to implementing GigaBattery Jänschwalde 1000 together with Fluence, an experienced technology partner.”
“As a company with deep roots in Germany, we are honored and proud that our technology will play a key role in the transformation of both the country and the region. With our proven expertise in delivering advanced battery storage systems and our strong German software, execution, and services team, Fluence is well positioned to support LEAG in realizing the GigaBattery Jänschwalde 1000. Together with our strong partner, we are shaping the future of energy in Lusatia, Germany, and Europe,” said Markus Meyer, Managing Director of Fluence Energy GmbH.
About Fluence
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Fluence’s solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, Fluence is transforming the way we power our world for a more sustainable future.
For more information, visit our website , or follow us on LinkedIn or X . To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog .
About LEAG Clean Power
LEAG Clean Power GmbH is part of the LEAG Group, Germany's second-largest electricity producer and one of the largest private employers in eastern Germany. LEAG Clean Power GmbH focuses its business activities on projects in the areas of battery storage and innovative power plants, thereby making a decisive contribution to the development of the LEAG GigawattFactory. With investments in the expansion of renewable energies, storage capacities, the construction of hydrogen-compatible power plants and energy generation from biomass, the LEAG Group is consistently driving forward its transformation from a conventional energy supplier to a future-oriented energy transition company.
For further information, please visit LEAG – Energielösungen aus der Lausitz | LEAG.de | LEAG or follow us on LEAG | LinkedIn .
Cautionary Statement Regarding Forward-Looking Statements
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of these energy storage systems, including output and capacity, market position, expected impact of these projects on the German power grid, the European utility landscape, de-risking expectations, and other beliefs, assumptions, prospects, plans, and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as "may," "possible," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "commits", "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, severe weather events impacting the projects, changes to the regulatory environment in Germany and Europe, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence’s control which may cause the energy storage systems to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission ("SEC") on November 29, 2024, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.
Media Contact
Elisabeth Giesemann
Senior Associate Policy and Communications, Fluence
Email:
[email protected]
Analyst Contact
Chris Shelton, Vice President of Investor Relations and Sustainability, Fluence
Email:
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ec8a88cb-98e4-40cc-be1b-dea24060ef43