Fluence Energy Lands Major Arizona Storage Deal, Putting High-Flying Valuation to the Test
Fluence Energy has secured a long-term supply agreement to provide its Gridstack Pro energy storage systems for a major solar-plus-storage project in Arizona, developed by BrightNight and Cordelio Power. The deal expands the company's U.S. utility-scale pipeline as its stock, following a meteoric rise, faces heightened scrutiny over its valuation.