Fluence Energy GmbH and LEAG Clean Power GmbH have commenced construction on the Heinersbrück GridBattery, a 400 MWh energy storage project in Germany. This installation will co-locate with wind and solar generation assets on regenerated former mining land and is part of efforts to bolster Germany's energy transition. The project aims to enhance the reliability of energy supply and alleviate grid pressure. This development marks the second collaborative project between Fluence and LEAG Clean Power, with both companies also working on the GigaBattery Jänschwalde 1000 system in the Lusatia region. These initiatives are contributing to the transformation of former industrial sites into hubs for renewable energy generation and storage, supporting Germany's transition away from coal.

In other market news, Quanta Services (NYSE:PWR) was trading firmly up 5.3% and closing at $722.31. At the same time, Murata Manufacturing (TSE:6981) softened, down 9.8% to close at ¥7,480.

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• Equinor (OB:EQNR) ended the day at NOK388.10 up 0.6%.
• Tesla (NasdaqGS:TSLA) finished trading at $339.30 down 0.9%.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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