GridBeyond and ABB have announced a strategic partnership to deliver a BESS (battery energy storage system) solution to commercial and industrial customers worldwide.
The partnership follows ABB’s strategic investment in GridBeyond in 2024 and brings ABB’s deep domain expertise and GridBeyond’s intelligent energy management solutions together to deliver ABB’s newly launched BESS-as-a-Service offering.
GridBeyond’s AI-driven platform will play a critical role in optimising the performance of ABB’s BESS-as-a-Service assets, which the company said will enable real-time energy optimisation, 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 said its platform will deliver accurate energy price forecasting to optimise energy storage operations, which is expected to enable informed decision-making, allow for strategic charging and discharging that aligns with market dynamics and prolong the life of batteries.
ABB’s Electrification Service Head of Energy and Carbon Services, Lee Todd, said, “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.”
To deliver this new solution, GridBeyond and ABB will also collaborate with Tallarna, which 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.
GridBeyond CEO, Michael Phelan, said the partnership is a major milestone in the company’s journey with ABB.
“As a strategic investor and long-term partner, ABB shares our vision of accelerating the global transition to a flexible, sustainable energy system.
“Battery storage systems help to enhance grid stability, integrate renewable energy sources, and improve cost efficiency for commercial and industrial customers.”
Mr Phelan said to take advantage of these benefits, it is crucial to analyse project feasibility and financial implications and have an accurate AI platform that can maximise battery potential.
“This partnership with both ABB and Tallarna supplies the expertise and resources to deliver successful solutions for commercial and industrial customers and to ensure a successful transition to a net zero future.”
Tallarna CEO and co-founder, Tim Meanock, said, “Together with GridBeyond and ABB, we are removing the barriers to energy storage adoption.
“BESS-as-a-Service offers customers a reliable, sustainable, and profitable energy solution – one that focuses on reducing risk and maximising financial benefits.
“This makes it easier for businesses to thrive in a rapidly evolving energy landscape.”
