The Industrial generator doesn't seem to transfer it's energy to any machine or energy storage block.

The screenshot shows it being tested with energy cables, red copper blocks, directly with a energy storage block, and connected to an assembly machine. None receive power.

The industrial generator also can't receive fluids through fluid ducts.

I concur. Put an issue on discord.

I tested this further in a creative world, even covering it with cables does nothing.

This has only become an issue after the energy update, hence why this still works in the older versions.

They connect from below the edges