The good news keeps flowing for the Fluence share price, up 18% today

The Fluence Corporation Ltd (ASX:FLC) share price rose 18% today in response to more good news.

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The Fluence Corporation Ltd (ASX: FLC) share price rose 18% today in response to more good news. It's up 43% over the past month.

The decentralized water, wastewater and reuse water treatment business has won a few contracts so far in 2019.

Today it announced it will supply an additional 40 Aspiral Smart Packaged wastewater treatment plants for sites along Hubei Province highways. The L4 models will be deployed at parking lots and service areas and will treat up to 200m3 per day of wastewater. The S1 models will be deployed at toll stations and will treat up to 75m3 per day. The wastewater will be treated to the required Class 1A wastewater standard.

Fluence Managing Director and CEO Henry Charrabe said "Our partnership with ITEST continues to grow, with this third volume contract following previously announced orders in December 2018 for 35 Aspiral units to be deployed across 13 sites."

Fluence also recently announced contract wins in Egypt, Latin America and the Ivory Coast. It's on a winning streak at the moment.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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