Fluence Energy (NASDAQ:FLNC) saw its share price rise approximately 4% in after‑hours trading on Monday after the company announced a contractual agreement with Avantus. The deal calls for Fluence to provide its Smartstack energy‑storage solution, together with turnkey Engineering, Procurement, and Construction (EPC) services, for the Rexford 2 project located in Southern California's Tulare County. Under the agreement, Fluence will supply a 200 MW / 800 MWh battery energy‑storage system that operates with a four‑hour duration and will be paired with a solar generation facility at the same site. All major components—including battery cells, modules, enclosures, and thermal‑management systems—will be sourced from Fluence’s domestic manufacturing network in Utah, South Carolina, and Texas, ensuring U.S. content throughout the system.
Once operational, the Rexford 2 installation is expected to deliver enough capacity to power roughly 84,000 homes in Southern California. The construction phase is projected to create more than 500 union‑job positions at peak activity, and additional permanent roles will be required for ongoing local operations. The project is also anticipated to generate hundreds of millions of dollars in tax revenue for Tulare County. Groundbreaking is scheduled for 2027, with commercial operation targeted for late 2028.