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Peak Power Receives $5M From SDTC to Deploy DERA Platform in North America

Peak Power, a Canadian clean tech company developing energy optimization software to decarbonize the commercial and industrial building sectors, announced that Sustainable Development Technology Canada (SDTC) has awarded the company $5 million CAD for the expansion of its Distributed Energy Resource Aggregation (DERA) platform across North America. SDTC helps Canadian entrepreneurs develop and deploy globally competitive clean technology solutions.

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electricalbusiness

With $37MIL in funding, what do these DER projects aim to achieve?

Ontario’s Independent Electricity System Operator (IESO) and Ontario Energy Board (OEB) recently announced several project collaborations with local electricity distributors and technology companies to “accelerate the adoption of local energy projects to help communities play an increasing role in providing for their own energy needs

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