Fluence Energy pauses US projects amid tariff uncertainty
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US-based energy storage company Fluence Energy has announced a pause to projects in its home country due to economic uncertainty caused by Donald Trump’s tariff policy.
Fluence Energy, owned by Siemens AG and AES Corporation, announced the decision with its Q2 results for 2025, citing a temporary deceleration in its US customer contract activity caused by the country’s tariff policy.
In light of the decision, the company updated their guidance for the fiscal year, now expected to be in the range of $2.6 billion to $2.8 billion (midpoint $2.7 billion), down from the previous range of $3.1 billion to $3.7 billion (midpoint $3.4 billion).
This $700 million reduction in midpoint stems from the decision to pause US projects under existing contracts and halt uptake of new potential contracts until there is better visibility and certainty on the tariff environment.
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Commenting in a release was Julian Nebreda, Fluence’s chief executive officer: “The evolving trade and tariff landscape has created significant uncertainty in the US market, which has led us to agree with our customers during the second quarter to pause certain contracts both under execution and those we expected to sign until we have better visibility.
“As a result, our order intake for the quarter was below initial expectations, reflecting this dynamic. Over time, we expect our domestically sourced solutions to benefit from higher tariff levels.”
“We remain confident in the long-term growth trajectory of the energy storage industry, and believe that we are well positioned to deliver value to our customers through our rapid innovation strategy, differentiated supply chain, and product development, which are reflected in our market-leading U.S. domestic content offering and our Smartstack product.”
Said Ahmed Pasha, Fluence’s chief financial officer: “We are navigating this challenging environment from a position of financial strength, and we are concentrating on what we can control: maintaining robust liquidity, managing our operating costs, and collaborating with our customers to create long-term value for our shareholders.”
Global presence
Although based in the US, Fluence has a global presence: 38GWh across 260 energy storage projects in 48 markets. The company this year has made several announcements on international initiatives.
Exactly a week before the release of their Q2 results and domestic pause, the company was selected by infrastructure investor and asset manager NTR in Finland to provide tech for a 55MW/110MWh BESS project.
The project will deliver system services including frequency regulation, grid balancing, grid forming and energy shifting. Fluence Energy will provide their advanced battery technology solution, Gridstack Pro 5000, and, once deployed, the system will use Nispera, Fluence’s asset performance management platform.
Additionally, in January, the company was selected by DTEK to supply Ukraine’s first large-scale battery-based energy storage portfolio.
Fluence and DTEK (through its subsidiary DTEK Renewables) plan to complete the project by October 2025, so that systems are in place before the 2025/26 winter season to strengthen the Ukrainian power grid against outages.
The six energy storage plants will be located at multiple sites across Ukraine, with capacities ranging from 20MW to 50MW and a total capacity of 200MW. Together, they will store up to 400MWh of electricity – enough to supply two hours of power to 600,000 homes.
According to Fluence, their 2025 outlook statements represent a best. Actual results may differ materially depending on a number of factors.
