Congratulations to Fluence for receiving the 2023 Product and 2023 Systems Integrator awards, as well as Lars Stephan for the Outstanding Contribution award. 

What do these awards and recognition mean for Fluence?

Andrew Gilligan: These awards strongly validate the value that Fluence's energy storage product ecosystem brings to global customers. We are extremely honored 

to receive these awards as they enhance the visibility of Fluence and the innovative solutions we provide to customers worldwide, helping drive the transition to 

clean energy.

These innovative solutions will contribute to accelerating the process of addressing the world's energy challenges.

Fluence's UltraStack energy storage system received the Best Product of the Year award, which is an energy storage solution specifically designed for the "Storage as 

Transmission Assets" (SATA) sub-market. What makes this solution designed specifically for these applications unique?

Andrew Gilligan: Storage as Transmission Assets (SATA) is a relatively simple but not widely known concept that offers new flexibility to the grid to meet capacity 

needs. Storage systems are deployed along transmission lines, mimicking the flow of electricity on transmission lines for supply or retrieval of power.

These applications represent a new important area where energy storage systems provide value, offering grid infrastructure planners more choices and flexible tools 

to redraw the global map of power networks. In power systems, as the share of renewable energy generation increases, a more flexible grid will allow better utilization

of transmission lines and benefit grid customers.

Storage projects like "Virtual Transmission" in Australia and "Grid Booster" in Germany already have a combined installed capacity of over 3 GW, with the potential to

enhance the efficiency and reliability of the global power system. They can accomplish this task in a faster time frame compared to traditional power infrastructure 

and with competitive costs and benefits.

The Ultrastack battery energy storage system unlocks additional functionality for battery energy storage systems for transmission network owners and operators. The 

storage system provides fast response times (less than 150 milliseconds) and operates with uptime exceeding 99% to meet the availability requirements of critical 

infrastructure. Advanced control technology, some of which are patent-pending, has been developed by industry-leading power system engineers with a deep 

understanding of transmission system operations and over 15 years of experience deploying grid-scale energy storage systems.

The competition in the field of energy storage systems integration is intensifying, but what standout features does Fluence have in the past year that you believe set 

us apart in our selection?

Andrew Gilligan: The awards and recognition we received are a testament to Fluence's commitment to providing exceptional energy storage solutions. We are honored

to be acknowledged for our product and system integration capabilities, as well as the outstanding contribution of Lars Stephan. These awards reinforce our position as

a leading player in the European energy storage industry and highlight the value we bring to our customers.

The UltraStack energy storage system, which received the Best Product and Best Systems Integrator awards, is a testament to our dedication to innovation and delivering

high-quality solutions. The UltraStack system offers superior performance, reliability, and flexibility, enabling grid operators to optimize their energy storage assets and

maximize the value they provide.

In addition to the UltraStack system, our comprehensive range of energy storage solutions, including our Advancion platform, has been instrumental in addressing the

evolving needs of the energy storage market. Our solutions are designed to meet the demands of various applications, including renewable integration, grid ancillary 

services, and commercial and industrial energy management.

Furthermore, our strong track record of successful project deployments and collaborations with industry partners has demonstrated our expertise and reliability in 

delivering turnkey energy storage solutions. We have established a reputation for delivering projects on time and within budget, while ensuring the highest levels of 

performance and customer satisfaction.

Overall, these awards and recognitions validate our commitment to excellence and our ability to deliver innovative and reliable energy storage solutions. We will 

continue to push the boundaries of energy storage technology and work closely with our customers to drive the transition to a cleaner and more sustainable energy 

future.

Shine Well Power Technology Company