Fluence Secures 300MW, 600MWh Battery Project in Australia

Fluence Energy has been selected by AMPYR Australia to develop the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in New South Wales, marking AMPYR's first grid-scale BESS project in Australia. The project includes a 20-year service and maintenance contract and will utilize Fluence's Gridstack technology, along with its Mosaic bidding software and Nispera asset performance management software, to optimize performance and profitability in the National Electricity Market. Scheduled for commissioning in 2026, the BESS aims to enhance grid reliability, support renewable energy integration, and contribute to lowering energy costs. Fluence currently operates multiple BESS projects in Australia, with two more entering operations soon, reflecting strong momentum in the region. Analysts hold a mixed but cautiously optimistic view of Fluence's stock, with average price targets suggesting both potential upside and downside, while the company maintains a robust financial position. The partnership is seen as a significant step toward strengthening Australia's energy transition and grid stability.