Petmal Energy storage demand will likely rise big in the coming years as the U.S. and Europe seek to harness renewable power. Firms that can position themselves well stand to make big profits in the years ahead. Moreover, using AI and the latest software can further bring down costs, increasing demand for energy storage. One firm has recently turned positive on a relative performance basis compared to the cleantech industry, and I spot a bullish breakout on the chart of Fluence Energy, Inc. (NASDAQ:FLNC). FLNC Rallying Vs Its Industry StockCharts.com According to Bank of America Global Research, Fluence Energy was launched in January 2018 by Siemens and AES as a joint venture dedicated to innovating modern electric infrastructure. Fluence delivers energy storage products, services, and digital application packages, as well as an artificial intelligence-enabled IQ platform to optimize…
Fluence Energy: A Bullish Technical Move On A Non-Profitable Energy Storage Stock
