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ES | 206gwh! EVE Energy and Fluence sign long-term storage cell supply framework. PVTIME - EVE Power, a wholly owned subsidiary of EVE Energy (SHE: 300014), has entered into a long-term framework agreement with global battery storage integrator Fluence Energy to supply energy storage cells for the period from 2027 to 2031. The framework covers a total volume of 206 GWh. Of this, 16GWh represents firm, committed cell supply for 2027, while the remaining 190GWh is reserved production capacity to support Fluence's North American BESS project pipeline. This reserved capacity does not constitute firm orders, and the final pricing, specifications and delivery timelines will be confirmed via subsequent purchase contracts. This new arrangement extends the existing supply partnership between EVE Energy and Fluence. The supply agreement coincides with Fluence's updated full-year financial guidance for 2026, released on 18 September. The company downgraded its revenue and adjusted EBITDA outlook, primarily due to construction delays and early-stage quality issues at its Texas manufacturing facility, which have slowed system deliveries. Despite these operational setbacks, Fluence retains a robust order backlog of US$6.4 billion.

Fluence Energy investigation notice: Levi & Korsinsky notifies investors of pending investigation into Fluence Energy (FLNC). Sep 18, 2026, 18:43 ET Fluence Energy's periodic reports describe an ongoing U.S. Securities and Exchange Commission investigation relating to the Company's revenue recognition and internal controls - disclosed alongside a fiscal 2026 outlook that now projects an adjusted EBITDA loss of approximately $200 million. Levi & Korsinsky is investigating on behalf of FLNC investors who lost money. NEW YORK, Sept. 18, 2026 /PRNewswire/ - Fluence Energy (NASDAQ: FLNC) shareholders watched the Company's fiscal 2026 adjusted EBITDA outlook move from a loss of roughly $10 million to a loss of roughly $200 million on September 16, 2026, and research firms responded within days with price-target reductions of as much as 70%. If you lost money on FLNC, you are encouraged to request a no-cost review of your Fluence Energy losses. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. Fluence Energy's public filings disclose an ongoing investigation by the U.S. Securities and Exchange Commission relating to the Company's revenue recognition and internal controls. That regulatory matter is described in the Company's annual report on Form 10-K filed November 25, 2025, and in subsequent periodic reports. The Levi & Korsinsky investigation concerns whether Fluence Energy adequately disclosed information regarding that regulatory scrutiny and its financial reporting, and whether investors were subject to potential securities law violations. Investors who purchased Fluence Energy securities and suffered a loss may speak with an attorney about their FLNC losses. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. WHY LEVI & KORSINSKY - Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors. Frequently Asked Questions About the FLNC Investigation Q: Who is conducting the FLNC investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased FLNC securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors. Q: Who is eligible to participate in the FLNC investigation?A: Investors who purchased FLNC stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses - not on whether you still hold the shares. Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Fluence Energy made materially false or misleading statements regarding its financial reporting and matters relating to revenue recognition and internal controls. When the Company disclosed a substantially reduced fiscal 2026 revenue and adjusted EBITDA outlook on September 16, 2026, the stock price declined sharply. Q: What do FLNC investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation. Q: What is a lead plaintiff and why does it matter?A: If the investigation proceeds to legal action, a lead plaintiff is the investor the court appoints to represent the group of affected investors. Lead plaintiffs are typically investors with the largest documented losses. Contacting the firm during the investigation phase preserves that option. Q: What if I already sold my FLNC shares - can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought FLNC and sold at a loss may still participate in the investigation. Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either. Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval. Attorney Advertising. Prior results do not guarantee similar outcomes. SOURCE Levi & Korsinsky, LLP

EVE Energy signs 206 GWh battery framework with storage supplier Fluence. The five-year agreement includes 16 GWh of committed deliveries for 2027 and 190 GWh of reserved capacity thereafter. Sep 18 2026 Chinese battery manufacturer EVE Energy has signed a framework agreement with U.S.-based energy storage supplier Fluence covering up to 206 GWh of battery deliveries between 2027 and 2031. EVE Energy said in a stock exchange filing that its subsidiary Hubei EVE Power signed the agreement with Fluence Energy Global Production Operation, LLC following earlier cooperation between the companies. The parties agreed on a committed delivery volume of 16 GWh for 2027, with a further 190 GWh of capacity reserved for 2028 through 2031. According to EVE Energy, the agreement is a framework arrangement and specific product specifications, quantities, prices, delivery schedules and quality requirements will be determined through subsequent purchase orders. The company also warned that changes in industry policy, market conditions or other unforeseen factors could affect implementation. The committed and reserved volumes apply across all product types, models and configurations purchased by Fluence from EVE Power or its affiliates, with deliveries counted against the agreed volumes on a GWh-equivalent basis. EVE did not disclose the battery chemistry, cell format, manufacturing location, contract value or destination markets. EVE Energy is one of China's largest lithium-ion battery manufacturers. It shipped 44.46 GWh of energy storage batteries in the first half of 2026, up 54.9% year on year, alongside 35.76 GWh of power batteries. Fluence was launched by Siemens and U.S. utility group AES in 2018 and is listed on Nasdaq. The company supplies grid-scale storage systems, services and optimization software. As of June 30, it had deployed 19.3 GWh of energy storage systems and reported 12.6 GW of contracted storage backlog. The agreement comes with execution risks on both sides. Fluence disclosed in August that it had incurred about $15 million in upfront costs associated with a planned long-term international battery supply agreement. On Sept. 16, two days before EVE's filing, Fluence cut its fiscal 2026 revenue guidance from around $3 billion to approximately $2.4 billion, citing continuing production delays and supply-chain problems at its U.S. contract manufacturing operations. The EVE-Fluence agreement extends the existing pattern of cooperation between Chinese battery manufacturers and U.S. storage integrators. EVE previously signed battery supply arrangements with U.S.-based Powin and American Battery Solutions/AESI, including a 19.5 GWh framework with AESI that EVE said remains under implementation. Separately, Chinese battery manufacturer REPT Battero is supplying 3 GWh of storage systems to U.S.-based Energy Vault during 2026 under an agreement signed in September 2025. Such cross-border supply relationships are becoming more complex as U.S. tariffs, localization requirements and foreign-entity restrictions reshape battery sourcing. For the EVE-Fluence agreement, the eventual commercial significance will therefore depend less on the headline 206 GWh figure than on how much of the reserved capacity converts into binding purchase orders over the next five years. This content is protected by copyright and may not be reused. If you want to cooperate with PV Magazine Group and would like to reuse some of its content, please contact: [email protected]. More about