Greenpowermonitor, a subsidiary of DNV, teams up with Renewance to facilitate battery energy storage system rollouts throughout North America.
Barreling Toward a Brighter Future: Renewance and GreenPowerMonitor Partner to Optimize Energy Storage Management
Let's dive into the groundbreaking collaboration that has shaken up the energy game! Renewance, a leading US battery lifecycle service provider, has teamed up with GreenPowerMonitor, a DNV company and a global leader in renewable asset monitoring. This power-packed alliance is set to transform the way we approach Battery Energy Storage Systems (BESS) across North America[1].
In an energy landscape where standalone energy storage solutions and renewable integration are on the rise, asset owners are grappling with mounting complexities, the need for extended asset life, and the pressure to meet evolving regulatory compliance requirements[2]. This dynamic duo aims to bridge the gap between asset performance data and field action, providing a more intelligent, proactive approach to energy storage asset management.
Jamal Burki, CEO at Renewance, is excited about this pioneering partnership, commenting: "We're not just collecting data; we're using it to drive safer, more sustainable outcomes for our customers and the planet." The partnership's focus is to marry GreenPowerMonitor's powerful monitoring capabilities with Renewance's spectrum of lifecycle services, ensuring grid code compliance, and using real-time insights to optimize battery system value[1].
The integration will seamlessly merge GreenPowerMonitor's Energy Management System (EMS) control system with RenewanceConnect's monitoring, lifecycle service network, and regulatory compliance workflows. In essence, it will offer an end-to-end platform delivering real-time monitoring, flagging performance enhancement opportunities, and activating lifecycle services – from maintenance to repurposing and recycling.
This partnership aligns with US Department of Energy and state-level goals to advance circular economy principles in battery use and reinforce renewable integration into the grid. The innovative model paving a path for intelligent, closed-loop energy asset management could potentially expand to additional geographies, asset types, and regulatory integrations[2].
Regarding the partnership, Juan Carlos Arevalo, CEO at GreenPowerMonitor, said, "This initiative is setting an example for a smarter energy storage future in North America." This collaboration marks a crucial milestone in the journey toward a more efficient and sustainable energy storage landscape[1].
Remember, the more we know, the better we can act. To explore the intricacies of the integrated platform and request a consultation, head over to the Renewance landing page: batterystewardship.com. For more information about GreenPowerMonitor's Energy Management System (EMS) control system, check out their webpage here: greenpowermonitor.com.
Stay tuned for more updates on our pursuit of a smarter, sustainable future!
Disclaimer: Please note that this partnership is non-exclusive and one of the first collaborations between a lifecycle battery services company and a renewable asset management platform, combining real-time insights with field execution.
[1] Enrichment Data: The collaboration addresses a critical gap in asset system management – connecting system operations data for decision-making with actionable lifecycle services like extended lifespan. It sets a precedent for smarter asset stewardship and ESG compliance outcomes.
[2] Enrichment Data: The partnership intends to help customers in North America optimize the lifespan, compliance, and value of their Battery Energy Storage Systems (BESS). The collaboration comes at a pivotal moment in the energy transition, as the US grid increasingly adopts standalone energy storage and adds energy storage to existing photovoltaic sites. Asset owners are under mounting pressure to navigate system complexity, extend asset life, and meet evolving recycling and regulatory compliance mandates.
- This partnership between Renewance and GreenPowerMonitor, a DNV company, is poised to revolutionize the tech industry, specifically in data-and-cloud-computing and AI, as they aim to optimize energy storage management.
- The collaboration is expected to bring significant innovation to the digital landscape, bridging the gap between asset performance data and field action for a more intelligent approach to energy storage asset management.
- The alliance focuses on leveraging GreenPowerMonitor's hardware and software capabilities with Renewance's services, ensuring grid code compliance and using real-time insights to optimize battery system value.
- The partnership is set to deliver a comprehensive VR and AR experience, offering real-time monitoring, performance enhancement opportunities, and lifecycle services – from maintenance to repurposing and recycling.
- In the finance sector, this partnership aligns with the US Department of Energy and state-level goals to advance circular economy principles in battery use and reinforce renewable integration into the grid.
- The collaboration could potentially expand beyond North America, influencing the tech industry in various geographies, asset types, and regulatory integrations.
- This groundbreaking partnership marks a significant milestone in the tech industry, paving the way for a smarter, more sustainable future and setting an example for a greener digital world.
