- Press Release
European expansion ran full speed ahead in 2023

gridX conquers international terrain

  • gridX reaches an important stage in its internationalization.
  • Over 50% of the collaborations acquired in 2023 were concluded with partners from other European countries. 
  • In 2024, the growth momentum on international soil is set to accelerate further.

Munich/Aachen, 16 January 2024 – 2023 was a year of internationalization for Europe's leading smart energy company gridX. The company reached an important next stage: the smart energy expert, based in Aachen and Munich, was able to conclude more than 50% of its new partnerships in European countries outside of Germany. Its new partners include leading European operators of fast-charging parks and energy service companies. Long-term partnerships were concluded for the first time in Switzerland and Spain. The company, which was founded in 2016, is thus proving that the management’s growth strategy is not only succeeding in the domestic market, but also on international terrain. gridX’s rapid growth also illustrates the keen interest in smart energy management across all markets. "We are currently seeing strong momentum in a number of European regions, including – in addition to Germany – the Netherlands, Spain, Scandinavia, Italy and the UK," says Tim Steinmetz, Managing Director and Chief Growth Officer of gridX. As such, the Managing Director is also setting the tone for gridX's coming financial year and providing an outlook on the company’s expectations: "There are some extremely interesting players in the regions mentioned, and we are convinced that by combining forces, together we can drive the energy transition forward," adds Steinmetz. In 2024, gridX's growth – both nationally and internationally – is set to build on the positive momentum of the previous year. "We are currently in a strong scaling phase and want to further drive our presence and our position as Europe’s leading smart energy company in 2024," explains Steinmetz.

The heart of future energy systems

gridX offers its partners future-proof energy management solutions that provide the digital infrastructure of clean energy systems. This gives partners the support they need to achieve their business goals faster and more effectively in the complex energy market. This is made possible by XENON, the manufacturer-independent IoT platform for smart energy management developed by gridX. It enables partners to connect, monitor and intelligently control decentralized energy resources. This makes it possible to holistically optimize energy flows at any location – from EV charging parks and logistics centers to private households. The company's smart energy management technology is complemented by their recently launched end-to-end professional services, which provide companies with expert industry advice to scale clean energy solutions approximately twice as quickly and thus achieve the energy transition faster.

Further information on smart energy management with XENON is available here.

((Photo: © gridX GmbH, Reprint free of charge; Image caption))

Sails set: gridX plans to continue its internationalization trend in 2024 and thus further expand its position as a leading smart energy company in Europe.

About 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.

EV Charging report 2024

Get started.

Download our EV Charging Report 2024 or get in touch to learn everything about smart charging with XENON.