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Our projects are delivering savings to customers that are using our Insight, energy storage and vehicle-grid integration solutions across North America.

Breakthrough Energy Solutions Canada Finalists

Government of Canada

Peak Power was one of 22 finalists at The Breakthrough Energy Solutions Canada Forum 2020 on January 14, 2020. Peak Power's project in Toronto to develop vehicle-to-grid (V2G) and transactive energy capabilities has been listed as a finalist for NRCan's Breakthrough Energy Solutions Canada Challenge.

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Plugging in to the benefits of energy storage

The REMI Network IS

Are on-site batteries the next "green ticket" for bulk-metered building owners? Starlight Investments, a privately held Canadian real estate asset management company with more than 36,000 multi-residential units across North America. In August, Starlight announced it had partnered with Peak Power Inc., an energy storage service provider, to install up to 2350kW / 4700kWh of energy storage systems. Used to target Ontario peak demand charges at Bloor Islington Place in Toronto, the behind-the-meter battery systems reached commercial operation earlier this year and are on their way to generating a projected electricity bill savings up to 15 per cent.

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Report from Canada: Peak Power

Forbes Japan

Peak Power Inc. CEO Derek Lim Soo, former GE engineer, started his company to provide software service to optimize electric power consumption during the peak hours and save power with the AI technology. David Thomson, a Canadian media magnate, has invested in and assists in finding users of its service. Initially Soo worked at MaRS as a start-up mentor and started up his own venture company.

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Canadian energy-storage startups get global traction

The Globe and Mail

Energy storage is critical for the growth of renewables because, simply put, the wind doesn't blow all the time and the sun doesn't always shine. Something unexpected is happening in India. Utilities that used to sign 25-year contracts to purchase coal-based electricity are beginning to get nervous. They're still buying the dirty power. The difference now is that they won't get locked into a contract longer than 10 years, believing that energy storage combined with inexpensive solar and wind power will soon become more economical than the coal-fired equivalent.

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Expert panel discusses the future of the energy workforce

Ryerson Center for Urban Energy

Is the utility sector prepared to serve increasingly demanding customers, survive the age of competition and address technological change? This was the driving question of the MaRS Discovery District’s (MaRSDD), Future of Work: Building the New Energy Workforce panel, held June 23 at the MaRSDD auditorium.

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Peak Power partners with BGIS to target booming energy storage market in North America

PR Newswire

Peak Power announced a partnership agreement with BGIS, Canada's leading real estate management services provider, to offer energy storage services to their clients to help them reduce their electricity costs. Battery energy storage, when controlled through Peak Power's proprietary SynergyTM intelligent software platform, has the ability to provide multiple benefits to building owners including increased resiliency, improved environmental performance, electricity bill savings, as well as additional revenues from participation in utility programs.

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Investments made in Ontario will lead to cutting-edge, environmentally friendly technologies

Newswire

Ontarians will benefit from new jobs created by innovations that power electric vehicles and reduce plastics in the environment, thanks to a $15.5-million investment by the Government of Canada. This investment in six Toronto-area companies will create well-paying middle-class jobs as a result of the new business opportunities generated by the development of technologies that lead to less pollution and healthier communities.

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