FlexUp accelerates the build-out of energy storage in Germany by connecting battery storage asset operators with solar co-location opportunities. The company provides market insights and price benchmarks focused on route-to-market, co-location, and project transactions within the German storage sector. Additionally, FlexUp orchestrates route-to-market tenders for Battery Energy Storage System (BESS) operators to help them maximize monetization offers and increase revenues.
Funding
Funding not disclosed
Founders
Product
Problem
Germany's power grid increasingly relies on renewable energy sources, creating a need for flexible energy storage solutions to balance supply and demand. Developing and monetizing battery storage projects requires navigating complex energy markets and identifying optimal co-location opportunities.
Solution
FlexUp facilitates the development of battery storage projects in Germany by connecting asset operators with solar co-location opportunities and optimizing route-to-market strategies. The company provides insights and analysis on the German storage market, including price benchmarks for route-to-market, co-location, and project transactions. FlexUp also orchestrates route-to-market tenders for storage asset owners, enabling them to evaluate monetization offers, maximize optionality, and increase revenues.
Target Audience
FlexUp's primary customers are battery storage asset operators and renewable energy project developers in Germany.
Features
- Connects battery storage asset operators with solar co-location opportunities in Germany.
- Provides market insights and analysis on German storage market price benchmarks.
- Orchestrates route-to-market tenders for storage asset owners.
- Offers expertise in project development, structured finance, and energy markets.
- Facilitates the integration of renewable generation into the power grid.