Energy storage company Fluence (ASX:FLC) has been awarded a contract for an innovative wastewater-to-energy system in Belgium.
The system will be designed and built for ArcelorMittal, the world’s leader in steel production.
It will produce biogas from steel mill byproducts.
This will be Fluence’s first wastewater and waste-to-energy system designed specifically for use in the steel industry.
They have received euro 3.9 million for the contract.
Shares in Fluence (ASX:FLC) closed flat at 41c yesterday.