We’re in the midst of a once-in-a-generation opportunity as the world shifts towards electrification and decarbonization. The energy transition is a radical shift in the way we produce, distribute, and consume energy creating a once-in-a-generation opportunity for cleantech investment as pivotal as the Industrial Revolution or the Internet Age.
But, there’s a critical problem holding us back: the “last mile” challenge. This is the gap between an aging electrical grid and the growing power needs of Commercial and Industrial facilities. At Peak Power, we’re solving this problem in a way that’s as transformative for energy as Airbnb was for hospitality.
Investors are recognizing the transformative potential of solving this challenge. In 2023, Peak Power secured $35 million USD in Series A funding led by Greenbacker Capital Management LLC, enabling us to accelerate the deployment of our energy storage and software solutions across the U.S. Our investor portfolio also includes forward-thinking organizations such as Osmington Inc., BDC Capital, Export Development Canada, Hatch, Sensata Technologies, and The Atmospheric Fund—each committed to shaping a more sustainable energy future.
To make dirty power plants obsolete.
We see the future of electricity mirroring the rise of the sharing economy – a more decentralized economy powered by, and to the benefit of, consumers.
Think of us as the Airbnb of energy. Just as Airbnb enabled property owners to monetize unused space, Peak Power enables businesses to monetize their energy flexibility. We help turn passive electricity consumers into active market participants, unlocking cost savings, grid revenue, and sustainability benefits.
Peak Power bridges the “last mile” challenge through an innovative approach that combines proprietary, AI-enabled software with financing solutions.
Our business model eliminates traditional financial and operational barriers to clean energy adoption by providing end-to-end battery storage solutions at no upfront cost to customers.
These batteries deliver energy cost savings, generate market revenue and enable customers to pursue their net zero goals.
“Having lived through both the wind and solar booms, I see the same market signs of massive explosion for storage and other emerging distributed energy resources.”
–Derek Lim Soo
CEO, Peak Power
Our investment partners are pursuing their cleantech investment goals with Peak Power. Together we hold a shared belief that doing good is good for business.
We were honoured to be named one of Canada’s 50 most investable companies on the 2021 Foresight 50 list. Foresight brings together innovators, industry, investors, government, and academia to address today’s most urgent climate issues and support a global transition to a green economy. An independent panel of judges selects the 50 companies based on criteria including investability, potential environmental and employment impact, and probability of success.
We’ve led some of the first projects proving the market benefits of a decentralized, decarbonized, and distributed energy system. And we’ve translated innovation funding and project development into commercially scalable solutions
We’re operating 23 battery sites across our operating regions in Ontario, New York, Massachusetts, and California.
We’re proud to have launched some the world’s first distributed energy resource aggregation projects, demonstrating the power of virtual power plants and smart grids.
We welcome discussions from investment funds, private investors, and organizations looking to tap into the potential of the decentralized energy revolution.
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