Fluence completed the acquisition of Advanced Microgrid Solutions.

Fluence, an energy storage technology company, completed the acquisition of Advanced Microgrid Solutions, a provider bidding software for utility-scale storage and generation assets. Financial terms were not disclosed. "Our century-old power system is stressed. Renewable energy and energy storage are the solution. AMS has developed one of the most powerful AI-enabled software engines available in the industry. This acquisition provides customers with data-driven insights that maximize the value and performance of generation and storage assets to make the entire grid smarter. These innovations will drive the transformation of global electric power systems to ensure a more sustainable future," Brett Galura, Fluence CTO.