Fluence and Litgrid Energy Storage-as-Transmission Pilot

ARLINGTON, Va., Dec. 09, 2022 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, and Litgrid, the Lithuanian transmission system operator, won a prestigious international S&P Global Energy Award 2022 in the Grid Edge category. The award was given for a battery-based energy storage-as-transmission pilot project deployed in Lithuania by Litgrid and supplied with Fluence’s Gridstack™ grid-scale energy storage product. The pilot project is the first of its kind in the Baltics, and one of the first globally, that uses a grid-scale energy storage system on the transmission network. All winners of this year’s S&P Global Energy Awards were announced on Dec. 8 during the 24th Annual Awards Ceremony and Gala. “We are thrilled to receive this…

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