Fluence
Fluence is an international company that develops and supplies energy storage systems based on lithium-ion batteries. The company specializes in large-scale energy storage projects for power grids, industrial customers, and renewable energy integration. Headquartered in the United States, Fluence operates as a joint venture formed by Siemens and AES Corporation.
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U.S. DFC approves €85 million loan to DTEK for battery storage expansion in Ukraine
The U.S. International Development Finance Corporation (DFC) has approved an €85 million (approximately $97.5 million) loan to Ukrainian energy company DTEK to expand battery energy storage systems in Ukraine. The loan is part of a broader DFC investment package of more than $8 billion covering projects in Ukraine, Jordan, and several African countries, and is the largest DFC financing in Ukraine's energy sector since the start of Russia's full-scale invasion in 2022.