Fluence Mosaic Intelligent Bidding Software Expands to Optimize Hybrid Renewables and Storage Assets in California Independent System Operator Wholesale Power Market
ARLINGTON, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ:FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, today announced that Fluence Mosaic™, an intelligent bidding software for grid-scale energy storage and renewable (solar, wind) assets, is now available to optimize bidding of hybrid renewables and storage assets in the California Independent System Operator (CAISO) wholesale power market. This expands Mosaic’s optimization capabilities for CAISO, with the software already trusted by asset owners to optimize standalone energy storage and co-located energy storage and renewables plants. Mosaic is expected to commence bidding operations for hybrid assets in CAISO totaling 75 MW / 300 MWh in early 2024.
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