Energy Storage Firm Fluence’s Q1 Net Loss Narrows to $37 Million on Higher Orders
The Q1 2023 order intake was the highest ever in a quarter at $856 million
February 10, 2023
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
U.S.-based energy storage technology and services provider Fluence‘s net loss for the first quarter (Q1) of the financial year 2023 narrowed to $37 million compared to $111.5 million year-over-year (YoY), primarily driven by the highest-ever quarterly order intake of $856 million.