MW Storage has selected Fluence Energy (NASDAQ: FLNC) to deliver one of the largest battery-based energy storage projects in continental Europe. The 100 MW/ 200 MWh storage system will be located near the German – Czech border.

The project will increase flexibility in the power system and support lower electricity prices for end-users. The companies say that the energy storage system will have enough capacity to power approximately 60,000 German households for a 2-hour period. Demand for energy storage in Germany is predicted to reach 23.7GW by 2037, and storage is expected to generate €12 billion in macro-economic value by 2050.

Markus Meyer, Managing Director of Germany & General Counsel at Fluence stated: “We are pleased to again partner with MW Storage, this time delivering one of the largest commercially operated storage systems in the country.” 

Fluence, with over 15 years of experience, maintains a strong safety record and has deployed more than 3.7 GW of storage projects in the Americas, totaling over 1 million operating hours and 1,200 GWh of energy discharged. Globally, Fluence has over 7 GW of storage deployed or contracted across 33 markets.

Shares of Fluence Energy trade on the NASDAQ under the ticker symbol FLNC.