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India Crucial for Innovation, Quicker Battery Storage Systems

Business Standard

|

May 15, 2025

Largely US and Europe, Germany in particular. But India is now the single largest office location for Fluence and the only GIC for Fluence globally.

India Crucial for Innovation, Quicker Battery Storage Systems

Can you talk about Fluence and its projects in India?

AES and Siemens came together in 2018 to form Fluence to address the market for battery energy storage systems. We went public, traded on NASDAQ and over the course of the last few years, have achieved 38 gigawatts hours of storage around the world across 48 markets. And one of the unique things about us is starting right from the hardware, our enclosures, and the storage system itself to having our own proprietary OS, an asset management tool and then the bidding software to help customers optimise. So, we're full stack in that sense.

Why did you come to India?

Business Standard'den DAHA FAZLA HİKAYE

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