The new facility marks a key milestone in GridBeyond’s plans for continued expansion.
Irish founded smart energy company GridBeyond has today (6 May) officially opened the new Dublin-based global headquarters. The new facility is a key element in the organisation’s expansion plans and will serve as the central hub for GridBeyond’s global operations across nine electricity markets on four continents.
Established in 2010 by Michael Phelan and Richard O’Loughlin, GridBeyond uses AI-powered technologies and techniques to optimise energy generation, distribution and storage. The company employs more than 160 people and has seven global locations across Europe, Asia, North America and Australia.
GridBeyond has stated that the new headquarters has been designed to support both operational scale and future growth, with the aim of creating an environment focused on collaboration, innovation and employee wellbeing as the company continues to attract talent in Ireland and internationally.
Commenting on the announcement, the Minister for Enterprise, Tourism and Employment, Peter Burke, TD said, “GridBeyond is an excellent example of the ambition and capability of Irish companies operating at the forefront of the global energy transition.
“The opening of their new headquarters in Dublin reinforces Ireland’s position as a hub for innovation in energy and technology and demonstrates how Irish SMEs are developing solutions with real global impact. Supporting companies like GridBeyond to start, scale and succeed internationally remains a key priority for the Government.”
Michael Phelan, the CEO and co-founder of GridBeyond, added, “This new headquarters reflects the scale GridBeyond has reached as a global energy optimisation platform. Managing over 5GW of assets across multiple markets requires real-time intelligence, automation and deep market expertise.”
In March of this year Samsung Ventures invested in GridBeyond as part of a €12m equity round. GridBeyond explained the company will use the funding to accelerate expansion across key strategic markets including in the UK, Ireland, the US, Japan and Australia.
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