Energy Storage News•about 1 month ago
Fluence ‘expects to meet FEOC compliance by regulatory deadlines,’ offers 2026 guidance
Key Takeaway
Fluence's commitment to FEOC compliance and expanded domestic battery supply ensures critical IRA incentive eligibility and supply chain stability for US energy storage projects in 2026.
AI Summary
- •Fluence, a major energy storage OEM, expects to meet FEOC (Foreign Entity of Concern) compliance by regulatory deadlines, which is critical for projects to qualify for IRA tax credits.
- •The US market is projected to be Fluence's primary revenue source and driver of activity in 2026, signaling robust domestic demand for energy storage solutions.
- •A second deal for domestic battery cell supply is imminent, which will enhance supply chain security and potentially stabilize or reduce battery costs for US energy storage projects.
Topics
financingiraoempolicystorage