Toronto, ON – Peak Power (Peak) – a Toronto-based cleantech company providing energy solutions, including building insights, energy storage, and vehicle-to-grid technologies – is pleased to announce it has expanded its executive team with the hire of Charanjit Singh, Jeremy Bower, Elaine Kwok, and Shaun Ishwanthlal.
“Peak Power has been growing steadily since our inception,” says Matthew Sachs, COO and Co-founder, Peak Power. “Our team numbers exploded in 2020 from 33 to 49. We needed to find fantastic people that could lead our teams to success, and also contribute new ideas. With the success of our capital raise efforts along with support from the Canadian innovation eco-system, we’ve had the opportunity to hire a high standard of talent.”
Charanjit has senior finance experience with a career spanning software, energy, and buildings materials industries, which are completely aligned with Peak Power’s areas of focus. With over 20 years of experience in all aspects of financial stewardship in medium and large entities, including CRH and Ontario Power Generation, Charanjit will be providing financial leadership to increase overall enterprise value as the company transforms from start-up to scale-up.
Jeremy is a hands-on technology leader with over 20 years of experience in web and mobile apps, cloud computing, data science, and information systems security at start-ups and large enterprises. With a strong track record of building agile software teams to deliver production-grade software, Jeremy will oversee the scaling of Peak’s commercial software deployments.
Elaine has over 15 years of experience navigating heavily regulated retail industries, including pharma, healthcare, energy, and travel. She brings proven expertise in leading all aspects of marketing strategy and execution. With experience in building out marketing capacities in organizations of all sizes, Elaine will lead Peak’s marketing function to grow their public presence and brand awareness locally and globally.
Shaun has extremely deep technical knowledge of the key energy markets where Peak Power is focused. A former Senior Trader at Brookfield Renewable with over 20 years’ experience in energy market trading across PJM, IESO, ISO-NE, NYISO, SERC, and MISO, Shaun will be leading Peak’s power markets function. Tying in his commodity experience, he will oversee all of Peak’s market operations, and ensure Peak maximizes the value driven to customers through electricity market value streams.
“We are far from finished building our team,” says Shivani Garg, People and Culture Manager, Peak Power. “As a company, having a broad range of perspectives has been the key to our success. We wanted to keep that momentum with the expansion of our leadership team in terms of both diversity of backgrounds and expertise. We have great plans for the future and are looking for the right people to make it happen.”
Founded in 2015, Peak Power (www.peakpowerenergy.com) develops AI-powered software to create intelligent energy systems for smart cities. They optimize the use of building analytics, customer-sited batteries, and electric vehicle batteries through their offerings: Peak Insight™, Peak Synergy™, and Peak Drive™. Peak Power’s solutions reduce the environmental footprint of their clients while creating revenue streams through the power grid.