Fluence, a market leader in energy-storage products and services, is teaming up with Pexapark, a provider of software and advisory services for renewable energy sales and risk management. The collaboration will provide customers with insights for the transition to clean energy.
Growth in energy storage and renewables are making market intelligence vital for participants in the electricity sector. The collaboration will provide insights for investors, independent power producers, and utilities. Fluence customers will get access to Pexapark’s analytical tools that simplify the complexity of energy transactions and maximize investment value.
“Today’s announcement is another major milestone for realizing Fluence’s ambition to develop a unique ecosystem that changes the way our customers power the world,” said Manuel Perez Dubuc, CEO of Fluence. “We are growing this ecosystem including third-party technology solutions, alongside our products, services, and digital applications for renewables and storage. Our partnership with Pexapark will encourage greater investment in and deployment of clean-energy generation and battery-based energy storage projects on the grid. Together, we will use our digital solutions to advance the global clean-energy transition.”
“As the renewable energy sector continues to evolve — increasingly at the mercy of the merchant markets and price volatility — it is critical that industry players are armed with the data, knowledge and software to maximize their returns and manage their risks,” said Michael Waldner, Pexapark CEO and co-founder. “In light of current market pricing trends, those who couple the most advanced technological solutions with the most accurate market intelligence will have the edge when it comes to increasing their revenue potential.”
Pexapark’s market knowledge and data will be paired with Fluence’s fleet of 3.6 GW of battery-based storage solutions deployed or contracted to deliver real world operational insights.
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