BM²Solar provides an integrated solution for hybridizing utility-scale solar power plants with battery storage, maximizing asset profitability without upfront investment. Their AI-driven optimization algorithm enables battery participation in multiple energy markets by predicting prices and generating optimal dispatch strategies. This specialized focus on PV + BESS hybridization delivers higher revenues through real-time operation in the most profitable markets.
Funding
Funding not disclosed
Founders
Product
Problem
Large-scale solar power plants often face curtailed energy production due to grid limitations and fluctuating demand, leading to wasted energy and unrealized revenue potential. Independent power producers (IPPs) lack the infrastructure and expertise to fully participate in electricity markets and optimize energy dispatch.
Solution
BM2Solar provides battery-based energy storage solutions for large-scale solar power plants, enabling IPPs to maximize profitability without upfront capital investment. By co-locating battery projects with existing solar assets, BM2Solar captures excess energy that would otherwise be curtailed, storing it for dispatch during peak demand or for participation in various electricity markets. The company's end-to-end service includes project development, construction, operation, and ownership of the battery storage system, coupled with advanced digitalization technologies to optimize energy output and grid interaction. This approach allows IPPs to access new revenue streams and increase financial returns by up to 20% while minimizing energy waste and grid instability.
Target Audience
The primary target audience includes independent power producers (IPPs) operating large-scale solar power plants seeking to increase profitability and optimize energy dispatch.
Features
- Battery energy storage systems (BESS) co-located with solar power plants
- End-to-end project development, construction, operation, and ownership
- Advanced digitalization technologies, including predictive modeling, bespoke algorithms, and AI-powered forecasting
- Participation in intraday, day-ahead, aFRR, and mFRR electricity markets
- Remote monitoring and control of battery assets
- Integration with existing grid connections for fast installation
- Battery repowering services after an estimated 12-year battery life