Fluence Energy received market attention for access to the reference architecture of the British International Data Centre. After the news was released, the stock of this storage company rose by over 40 per cent. The market focus is no longer just the chip itself, but the power and storage requirements behind the expansion of the AI data centre.
Joined the British Wedda Reference Architecture on 1 June
Fluence was founded in 2018, initially by Siemens and AES Corp, and listed in 2021. Large, modular battery energy storage systems are owned by the company and supported by software to service industrial, commercial and utility clients.
On June 1, together with Siemens and NVent Electric, Fluence joined a reference architecture design around the DSX Vera Rubin NVL72 platform. The programme is for the AI data centre and supports a maximum of 136 MW capacity.
In this design, the Smartstack battery platform in Fluence was incorporated into the power structure to cushion the power fluctuations associated with the GPU cluster. According to the report, Fluence is currently the only named battery energy partner in the design of the seven eco-sets in England.
The expansion of the data centre has brought new distribution routes.
This cooperation is of concern because the construction of the AI data centre is extending from computing equipment to electrical, heat-dispersion and ancillary systems. nVent is responsible for the liquid cooling component. According to the company, over 2 giva liquid cooling capacity has been deployed globally.
According to Barclay analyst Christine Cho, this collaboration may open up new marketing channels for Fluence or lead to a more profitable and sustainable software business.
From market narratives, investors began to shift some of their eyes from chip manufacturers to other companies in the AI infrastructure chain. Fluence became one of the names repeatedly mentioned because of the direct connection to the data centre power scene.
The risk is still in the face of the sharp rise in stock prices.
However, rapid stock price increases do not mean that risks have disappeared. It was reported that Tesla and other United States home-grown manufacturers were using idle production capacity to deploy utility-grade energy batteries and that industrial competition was increasing.
Meanwhile, Fluence has been facing high cash consumption and low Māori rates over the past few years. The single cooperative message, while raising market expectations, is not enough to immediately change the fundamentals of the company.
Some analysts expect that, if the cooperation is followed by a smooth release, the profitability of Fluence could begin to improve as early as 2027. Next, the market is more concerned about whether this cooperation can move from the reference architecture phase to a larger landing, and whether companies can keep up with the expansion of AI data centres.