U.S. battery manufacturer Fluence Energy, Inc. (FLNC.US) indicated that the company expects U.S. orders to constitute a substantial portion of its order backlog next year, driven by surging electricity demand from electrification processes and data center expansion. Company CEO Julian Nebreda stated in an interview on Monday that the firm anticipates approximately half of its global demand will originate from the United States by 2026. Boosted by this news, Fluence Energy, Inc. shares closed Monday up more than 21%, trading at $15.89.

Julian Nebreda noted that U.S. orders had experienced a slowdown earlier this year due to tariff uncertainties, but significant tax legislation promoted by President Trump—which retained tax incentives for battery energy storage—has helped restore some market confidence. He added that Fluence Energy, Inc. is on track to meet the qualification requirements for these incentives.

"There's growing recognition that to compete and win in the U.S. market, you need to offer domestically manufactured products, and that's what we've been working toward," he stated.