Fluence Energy to collaborate with Siemens and Nvidia on AI data center design incorporating battery storage technology

On June 1, Fluence Energy announced a collaboration with Siemens and Nvidia to develop a design for artificial intelligence data centers. The blueprint, which incorporates design solutions from nVent Electric, aims to turn Nvidia's AI factory concept into deployable systems. The reference plans involve a 136 MW data center facility that would incorporate Fluence's battery storage technology.

Fluence's Smartstack platform provides capabilities including voltage and frequency ride through, black start, grid demand response, and AI load smoothing to enable customers to build AI data centers.

Barclays analysts view the agreement as marking a potential new sales channel for Fluence Energy. The analyst firm maintains an 'Equal Weight' rating and $16 price target on the stock.