SWITCH Power successfully finalizes commissioning of five Ontario battery storage projects
Peak Power is contracted to provide dispatch services and the energy optimization software platform, Peak Synergy, to capture global adjustment savings and ancillary services revenue.
The Leading 2023 Energy Storage Startups In The US
The market for energy storage is seeing a boom. Innovative storage business models that were virtually unthinkable a few years ago are now being sparked by a variety of variables, including flexibility and prices that are falling as well as advancements in digital technologies like artificial intelligence and predictive analytics.
The Cleanie Awards® Announces 2022 Winners
The #1 Clean Energy Awards Platform Doubled Submissions and Awarded Winners Across 15 Categories
How will AI shape the future of clean energy?
I posed the question to experts at the foremost utility trade conference — DistribuTECH.
Tech Update: Testing psychedelics for anxiety; OpenText acquires rival; and Canadian firms land megadeals
Despite the wider slowdown in tech sector funding, some Canadian ventures are bucking the trend. Toronto-based Peak Power, which creates software for optimizing energy use, has inked a deal with cleantech investor Madison Energy Investments worth $200 million in project financing
Peak Power secures US$200 million financing with MEI to accelerate energy storage deployments.
Peak Power, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI).
Rise of Energy Storage Could Transform Ontario Grid
Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage—a collection of technologies that is poised to transform the provincial grid and change the way energy is used, bought, and sold by homes and businesses.
Ontario plunging into energy storage as electricity supply crunch looms
Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage — a relatively unknown solution for the grid that experts say could also change energy use at home.
How To Find Investors In A Remote World
These days, connecting with potential investors no longer relies solely on in-person meetings. Between social media platforms, video conferencing tools and virtual events, it only takes one online interaction for an entrepreneur to connect with someone who can open up a wealth of funding opportunities.
Readying the electricity grid for EVs is a challenge these experts say we’re ready to handle
As the number of electric vehicles on roads goes up, questions about whether Canada’s electrical grids will have the capacity to keep up with future power demands are at the forefront of the minds of many industry experts and electricity users alike.
