ABB introduces Battery Energy Storage Systems-as-a-Service to simplify renewable energy adoption
ABB today announced the launch of its new Battery Energy Storage Systems-as-a-Service (BESS-as-a-Service) – a flexible, zero-CapEx solution designed to accelerate the shift to clean, resilient and affordable energy. BESS-as-a-Service is the first in a range of next generation service models being developed by ABB to remove the barriers to clean technology adoption and accelerate industries' transition to net zero.
With demand for energy storage expected to surge, ABB's BESS-as-a-Service offers companies a turnkey path to energy independence and sustainability. The International Energy Agency (IEA) projects a sixfold increase in global storage capacity by 20301, with commercial and industrial systems alone expected to surge nearly tenfold to 560 GWh – underscoring the critical role of battery energy storage in enabling cleaner, more resilient power systems2.
Requiring no upfront capital investment, BESS-as-a-Service enables companies spanning a wide range of industries – from data centers to transport and logistics to commercial buildings – to benefit from advanced energy storage through a quarterly service fee.
The offer includes all hardware, software and lifecycle support, with ABB managing deployment, maintenance and optimization so businesses can focus on their core operations while improving energy efficiency, resilience and long-term sustainability. Designed to be technology-agnostic, BESS-as-a-Service works with any type of battery technology, giving customers the flexibility to take advantage of the latest innovations without being tied to a single system.
BESS-as-a-Service is underpinned by performance guarantees, as well as coverage for maintenance costs and energy trading brokerage fees. By managing all aspects of energy market participation, ABB enables customers to effortlessly reap immediate financial benefits from selling excess energy.
Stuart Thompson, Division President, at ABB's Electrification Service Division, said: 'In today's volatile energy market, businesses need reliability and cost predictability above all else. Customers tell us that while they want to deploy the latest technologies to improve energy security and reduce their emissions and costs, they face financial obstacles. By shifting from capital expenditure to a more predictable operational expenditure approach, ABB's BESS-as-a-Service enables businesses to immediately strengthen their energy security, slash peak demand charges, and generate new revenue streams. We see BESS-as-a-Service as not just a new offering but a strategic lever for the Division's growth and innovation. We see significant potential to scale this globally, especially as more industries seek flexible, low-risk pathways to decarbonization.'
ABB is currently conducting feasibility assessments with prospective customers to ensure immediate financial benefits before the deployment of BESS-as-a-Service. This evaluation is a prerequisite for installation, ensuring that customers can achieve net financial advances from day one. Feasibility studies to date have centred on the following segments:
'With BESS-as-a-Service, we are redefining the economics of clean energy adoption – delivering the flexibility and financial returns businesses need to decarbonize with confidence. It allows businesses to adopt advanced energy solutions without the financial strain of large capital investment and empowers them to take control of their energy needs, strengthen their resilience and unlock new value from their assets,' Thompson said.
To learn more about BESS-as-a-Service, visit https://bess-as-a-service.abb.com/
ABB Electrification is a global technology leader enabling the efficient and reliable distribution of electricity from source to socket. With more than 50,000 employees across 100 countries, we collaborate with our customers and partners to solve the world's greatest challenges in electrical distribution and energy management. As the energy transition accelerates and electricity demands grow, we are electrifying the world in a safe, smart and sustainable way. At ABB, we are 'Engineered to Outrun', and we are passionate about helping our customers and partners do the same. go.abb/electrification
1 Batteries and Secure Energy Transition, World Energy Outlook Special Report, International Energy Agency, 2024
2Global Energy Storage Market Outlook Update: Q1 2025, Wood Mackenzie
Attachments
Media Relations ABB +41 43 317 71 11 [email protected] Investor Relations ABB +41 43 317 71 11 [email protected]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
5 hours ago
- The Hill
Trump tax law could trigger about $500B in Medicare cuts over decade without fix: CBO
Recent analysis from the Congressional Budget Office estimated that Medicare spending would see steep cuts over roughly the next decade absent congressional action, following passage of President Trump's major tax law last month. The nonpartisan budget scorekeeper crunched the numbers of potential across-the-board cuts that federal programs could see under the Statutory Pay‑As‑You‑Go Act of 2010 as a result of the enactment of Trump's 'big, beautiful bill' — which it estimates could cost trillions of dollars over the next 10 years. The 2010 law, enacted under the Obama administration, seeks to require Congress to ensure new legislation is budget-neutral and can be enforced with the threat of automatic cuts, also known as 'sequestration,' to counter excess costs. But Congress has often enacted legislation over the years to avoid those cuts under both Republican and Democratic administrations. CBO noted in a June letter that sequestration has never been triggered under the law since its enactment in 2010. However, in its analysis, conducted at the request of Democrats, CBO estimated the Office of Management and Budget (OMB) would be required to issue a 'sequestration order not more than 14 days after the end of the current session of Congress' to cut fiscal 2026 spending by $415 billion, if Congress does not act. The office estimated that reductions in Medicare spending would be limited to about $45 billion for fiscal year 2026 under the 2010 law, leaving '$370 billion to be sequestered from the federal budget's remaining direct spending accounts in that year.' CBO also noted that the law exempts large accounts that fund programs like Social Security, while further estimating that the OMB would 'have roughly $120 billion in budgetary resources available for cancellation in 2026 — less than the remaining amount that would be required to be sequestered.' CBO's analysis included a closer breakdown of how Medicare spending would fare under such circumstances. 'The 4 percent maximum reduction in Medicare spending would continue to apply to sequestration orders for years after 2026,' it said. 'If OMB ordered a sequestration of $415 billion for each year through 2029 and $339 billion each year from 2030 through 2034, the ordered reductions in Medicare spending would increase to $76 billion in 2034 and would total $491 billion over the 2027–2034 period.' When factoring in fiscal 2026, the estimated spending reductions in store for Medicare would total more than $500 billion. 'After accounting for the reduction in Medicare spending, the required reduction in spending for other programs would exceed the estimated amount of resources available to those programs in each year over the 2027–2034 period,' CBO said. It added that, if the OMB 'sequestered all of the funding for those programs, the total amounts would be less than the reductions required by' the 2010 law. The Hill has reached out to OMB for comment. The CBO has estimated Trump's major tax package will add nearly $3.4 trillion to the nation's deficits over roughly the next decade, not factoring in macroeconomic and debt-service effects. However, Republicans have largely downplayed the cost of the tax cuts and argue the overall plan will help boost the economy.
Business Upturn
5 hours ago
- Business Upturn
DEALISM Launches World's First AI Agent Designed to Empower Individual Sales Professionals for WhatsApp Business
By GlobeNewswire Published on August 15, 2025, 23:00 IST Singapore, Aug. 15, 2025 (GLOBE NEWSWIRE) — DEALISM PTE. LTD. announced the launch of DEALISM, the world's first AI agent purpose-built to transform the daily workflow of individual salespeople for WhatsApp business. Powered by advanced large language model(LLM), deep learning, reasoning model, reinforce learning(RL) and multi-agent, DEALISM acts as a 24/7 intelligent sales partner—handling complex, proactive, multi-turn customer conversations, automating repetitive tasks, and continuously self-learning from each interaction to deliver better outcomes. A Solution Born from Experience DEALISM's vision comes from the firsthand experience of its founder, Leo Huan. As the former president of China's first publicly listed SaaS company, Leo has left behind a platform with over $15 billion in GMV to build something new: an AI-driven agent focused on empowering individual sales professionals. Before founding his new venture, Leo was an investor at Hillhouse Capital, one of China's top investment firms. In 2018, he joined the pioneering SaaS firm as COO and Co-President, where he managed a sales team of over 3,000 people, covering both direct sales and distributor channels. Despite the company's scale, Leo saw first-hand the inefficiencies—lengthy sales onboarding, underperforming CRM systems, and knowledge that was difficult to transfer and scale. Leo noticed that while many companies were starting to use AI to improve their sales processes, these changes were mostly limited to making existing workflows more efficient—like an engine running in place, rather than moving forward. 'I don't want to create just another system that documents sales steps. I want AI to truly learn and apply sales experience, to understand brands and products, and to improve through real conversations. Just like what we are doing for WhatsApp business,' Leo says. 'If we succeed, sales will no longer rely on the traditional 'master-apprentice' model, where experience and skills are shared only by word of mouth. Instead, sales knowledge can be updated, shared, and adapted automatically—just like a real person.' Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
5 hours ago
- Business Upturn
Orbitype.com – World's First Agentic Cloud OS for Enhanced AI-Agent and Human Collaboration
Basel, Switzerland, Aug. 15, 2025 (GLOBE NEWSWIRE) — Orbitype today announced the official launch of the world's first Agentic Cloud OS, a groundbreaking platform that seamlessly integrates agentic artificial intelligence (AI) into modern cloud infrastructures. This innovation marks a turning point in how businesses automate processes, manage data, and collaborate with AI agents in real time. Al-Agents & Your Team – Side by Side Orbitype's Agentic Cloud OS combines the flexibility of a cloud-native environment with the intelligence of autonomous software agents, enabling organizations to unify data, automate workflows, and scale applications without sacrificing control or transparency. 'With Orbitype, we're not just introducing another SaaS platform. We're creating a completely new cloud operating system for the AI era,' said Julian Vorraro, CEO of Webentertainer GmbH and creator of Orbitype. 'Agentic Cloud OS means AI agents become real team members, working side-by-side with humans, making decisions, and automating work at a level we've never seen before.' A New Category: Agentic Cloud OS Unlike traditional cloud platforms or SaaS solutions, Orbitype treats AI agents as equal participants in an organization's workflow. These agents have access to the same data as human users, can autonomously adapt system structures, and are capable of running background processes without constant supervision (Ambient Agents). Key features include: Centralized Cloud & Data Hub: Manage multiple workspaces and data sources from a single interface. Manage multiple workspaces and data sources from a single interface. Human-in-the-Loop Workflows: Ensure human oversight on critical decisions while allowing AI to operate autonomously where safe. Ensure human oversight on critical decisions while allowing AI to operate autonomously where safe. Dynamic Structure Creation: AI agents can build, modify, and optimize data structures in real time. AI agents can build, modify, and optimize data structures in real time. Integrated Resources: Access built-in computing power, databases, LLM tokens, and S3-storage. Access built-in computing power, databases, LLM tokens, and S3-storage. Chat & Ambient Agents: Switch between direct chat-based AI interaction and fully autonomous background agents. Cloud Operating System Originally inspired by the limitations of traditional SaaS systems, Orbitype has evolved into a full-scale Cloud Operating System. It orchestrates AI-Agents, manages infrastructure, and enables entirely new automation scenarios, from real-time dashboards to cross-platform business process automation. About Orbitype Orbitype is developed by Webentertainer GmbH, a digital transformation company specializing in SaaS solutions, web applications, and AI-powered business tools. Orbitype is the world's first Agentic Cloud OS, enabling seamless human-AI collaboration in a secure and scalable environment. Website: RAG API with Scopes Press inquiries Julian Vorraro [email protected] +41 61 511 22 13 Lange Gasse 90, 4052 Basel, CH
