GridBeyond closes €52M Series C funding round to continue its platform evolution and invest in new & existing markets

Smart energy company GridBeyond has successfully concluded a €52M Series C financing round to support the scale-up of the business. The company will use the funding to support its international expansion, expand its existing US presence significantly and continue its investment in R&D to facilitate the delivery of a global zero-carbon future

GridBeyond secures ‘record’ T-1 Capacity Market position

GridBeyond has secured 254MW in the recent T-1 Capacity Market auction at a price of £35.79/kW/year, marking the largest position for demand side response

UK project aims to turn cars into grid assets

The project is exploring the potential of EVs to balance electricity supply and demand through an innovative ‘V2X FastHub’

CareyGlass and GridBeyond deliver BESS at CareyGlass Nenagh

GridBeyond has implemented a battery energy storage system (BESS) for CareyGlass at their site in Nenagh, Co. Tipperary, Ireland

GridBeyond pulls behind-the-meter storage into aggregated unit

In a market first, GridBeyond executes on its strategy of bringing distributed energy storage assets together as one resource to access to National Grid Electricity System Operator’s (ESO) suite of dynamic services – – Dynamic Containment, Dynamic Moderation, and Dynamic Regulation

GridBeyond appoints a new Chief Product Officer and President of North America

GridBeyond, a leader in intelligent energy solutions, has named Sean McEvoy as the company’s President of North America and Chief Product Officer

GridBeyond Acquires Veritone’s Energy Business

GridBeyond, a global smart energy company, has announced the acquisition of Veritone Inc Energy Business, a leader in AI software and services in North America, strengthening the business’ position in the US market

Vehicle to everything can be the answer to support the grid new GridBeyond paper says

Electric vehicles (EVs) are expanding at a fast pace in several of the world’s largest markets

Greater energy security depends on an acceleration of the energy transition, GridBeyond’s report says

The energy crisis has potential to speed up the energy transition but threats to net zero 2050 target remain

GridBeyond secures 271MW prequalified capacity for the Capacity Market

The Capacity Market Registers published on 29 November have confirmed that GridBeyond has prequalified 271 MW for the T-1 and 415 MW T-4 auctions planned for February 2023.