GreenPowerMonitor (GPM), a Barcelona-based company acquired by Norwegian DNV in 2016 and a global leader in renewable asset monitoring, and the Illinois-based company Renewance, a U.S. leader in battery lifecycle services, have formed a partnership to integrate energy systems controls and energy storage asset lifecycle services to help customers in North America optimise the lifespan, compliance, and value of their battery energy storage systems (BESS) investments.
BESS’ represent a considerable long-term investment, which should generate cash flow for more than one decade. Optimising the lifecycle of the storage can mean the difference between profit and loss for the BESS owners.
The partnership between GPM and Renewance includes integration of GPM’s Energy Management System (EMS) control system to enhance storage and ensure grid code compliance with RenewanceConnect’s monitoring, lifecycle service network, and regulatory compliance workflows.
The goal is to provide utility-scale, and commercial and industrial battery energy storage system operators with an end-to-end platform that monitors energy storage assets. The services include optimisation of various lifespan stages, from regular maintenance to repurposing and recycling.
The companies say that they want to offer a more intelligent approach to energy storage asset management. “Renewance has commissioned and serviced over 20GWh battery systems and also decommissioned over 100MWh of battery systems,” said Jamal Burki, Renewance CEO. “By linking GPM’s powerful monitoring capabilities with our lifecycle services, we’re not simply collecting data—we’re proactively acting on it to drive safer, more sustainable outcomes for our customers and the planet.”
Juan Carlos Arévalo, CEO at GreenPowerMonitor, a DNV company, commented, “This collaboration sets an example and adds an important step toward a more intelligent, and efficient energy storage future in North America.”
The partnership is open and non-exclusive but one of the first collaborations between a lifecycle battery services company and a renewable asset management platform.
Pic: (left) Jamal Burki, CEO, Renewance and (right) Juan-Carlos Arevalo, CEO, GreenPowerMonitor