Europe's leading smart energy company, gridX, and one of the largest infrastructure providers for electric vehicles (EVs) in Europe and North America, ChargePoint, enter into an initial four-year partnership following a successful pilot phase.
Munich, 7 March 2023 – Europe's leading smart energy company, gridX, partners up with the operator of one of the largest networks of independent EV charging stations in Europe and North America, ChargePoint. The partnership was concluded at the end of 2022 after a successful pilot phase in the UK and Germany. In the first year of the partnership, ChargePoint will integrate gridX technology into its software solution to make meter and system data digitally accessible, and to provide further control of charging processes.
ChargePoint will use gridX’s gridBox and the XENON platform to read out meter data from customers' grid connection points in real time. This data is then transferred to ChargePoint's own backend to dynamically set the resulting power the chargers can consume below a power ceiling. With this use of dynamic load management, ChargePoint can dynamically adjust charging flows in response to the location’s real-time building load to avoid grid overloads, while also making full use of the available capacity for charging.
Through this maximization of power usage without breaching grid limits, more charging stations can be installed and operated at a single location with limited site power capacity. With this partnership, ChargePoint will be able to offer even better service to customers: there is no need for time-consuming and costly grid expansions, as the existing capacity can be optimally used in response to flexible loads.
XENON’s modular set-up provides maximum flexibility to develop a tailor-made energy management system according to country-specific requirements, offering additional modules at any time, for example to enable dynamic tariffs or peak shaving. "By offering a range of modules on our XENON platform, we enable customers to rapidly get customized solutions to market and scale them with low development effort. Our solution is ideal for partners with big growth ambitions – making XENON a perfect match for ChargePoint’s requirements. We are looking forward to the upcoming scaling phase with ChargePoint and to advancing the e-mobility revolution together," says Tim Steinmetz, Managing Director and Chief Growth Officer at gridX.
gridX is Europe's leading smart energy company based in Aachen and Munich. With its IoT platform XENON, gridX enables manufacturer-independent monitoring and management of distributed energy resources. XENON allows partners to develop and scale energy management solutions faster than ever before. By partnering with gridX, Fastned is able to install more charging points at sites without the need for costly grid extensions, and the Viessmann Group is able to offer its customers intelligent and integrated home energy management systems.