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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

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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.

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