GridBeyond and ABB are announcing a strategic partnership to deliver ABB’s newly launched Battery Energy Storage Systems-as-a-Service offering.
This partnership, which follows ABB’s strategic investment in GridBeyond in 2024, brings together ABB’s deep domain expertise with GridBeyond’s intelligent energy management solutions to deliver a powerful, fully managed energy storage service to C&I customers worldwide.
GridBeyond’s AI-driven platform will play a critical role in optimizing the performance of ABB’s BESS-as-a-Service assets, enabling real-time energy optimization, demand-side response participation and access to new revenue streams in global energy markets. The service is designed to help businesses lower energy costs, reduce carbon emissions and improve resilience without the need for upfront capital investment.
In addition, GridBeyond’s platform will deliver accurate energy price forecasting to optimize energy storage operations enabling informed decision-making, allowing for strategic charging and discharging that aligns with market dynamics and prolong the life of batteries.
“Our partnership with GridBeyond reflects ABB’s commitment to advancing technologies that support the seamless integration of renewables into the energy mix. Together, we are accelerating the transition to net zero by empowering industries to adopt smarter, more flexible energy solutions,” said Lee Todd, head of energy and carbon services for ABB’s Electrification Service business.
To deliver this new solution, GridBeyond and ABB will also collaborate with Tallarna, a climate tech and finance platform for sustainable impact. Tallarna brings its data analytics software, insurance solutions and financing expertise to de-risk BESS projects and provide visibility into the financial benefits of these initiatives.
News item from GridBeyond
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