Fluence Energy (FLNC) Climbs 27% on Booming AI Demand

We recently published 10 Big Names With Explosive Gains That Investors Can’t Ignore. Fluence Energy, Inc. (NASDAQ:FLNC) is one of the companies that soared by double- and triple-digits last week.

Shares of Fluence Energy soared by 27.2 percent week-on-week as investors loaded positions in industries that are expected to benefit from the booming artificial intelligence sector.

Additionally, sentiment was further supported by its bagging of a new deal to support a 133-MW battery energy storage system in Poland.

In a statement, Fluence Energy, Inc. (NASDAQ:FLNC) said its subsidiary was awarded by DRI, the European renewables arm of Ukraine’s DTEK Group, to supply battery storage units for the Trzebinia project in southern Poland.

The 622 MWh Trzebinia project is set to be the largest battery storage facility taking part in the Polish Capacity Market when batteries are integrated into the system from 2027. It will deploy Fluence Energy, Inc.’s (NASDAQ:FLNC) Smartstack platform—a modular, high-density system designed to enable fast deployment and optimized performance over an asset’s lifetime.

The announcement followed DTEK’s energization of a 200MW project across six sites in Ukraine using Fluence Energy, Inc.’s (NASDAQ:FLNC) storage systems.

The project is designed to make Ukraine’s energy system more resilient in time for winter.

While we acknowledge the risk and potential of FLNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FLNC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.