Energy Solution News: The Latest from Peak Power

Listen to CEO Derek Lim Soo's interview with Dianne Saxe on her Green Economy Heroes podcast.

Over 260 companies employing tens of thousands of Americans in the clean energy sector urged congressional action on the Build Back Better Act in a new letter sent to Senate Majority Leader Charles Schumer and Speaker of the House Nancy Pelosi. The letter states the Act is a, “once-in-a-generation opportunity for Congress to take big, bold action to deliver the clean energy future Americans want and deserve.”

Canada’s environmental and electrification goals over the next three decades will require “an ambitious transformation of its energy system” according to the International Energy Agency.

There is a moment in the evolution of every tech startup when the people who started the company realize they don’t have enough people, or the right people, to allow it to grow and prosper. Join Laura Machan to learn how Peak Power Inc expanded their business with the right talent.

Energy Storage Industry Awards recognize excellence, diversity and leadership in the U.S. energy storage industry. Peak Power CSO Imran Noorani is the recipient of the 2021 Diversity & Inclusion Award.

Debt and equity financing deals are common in storage. But downsides of such financing mean appetite exists for alternatives. Some storage companies instead obtaining ‘royalty financing’

Turning buildings into smart energy storage and cars into mobile batteries could revolutionize the traditional electrical grid as we know it.

Three projects announced this week will test the bi-directional power capabilities of current EVs and the grid, all partially funded by the Independent Electricity System Operator (IESO) of Ontario, with their announcement in Toronto also attended by Ontario’s recently appointed Minister of Energy, Todd Smith.The first project is with Hydro One Networks and Peak Power, which will use up to 10 privately owned Nissan Leafs to test what is needed technically to support owners using their cars as a backup power source during power outages. It will also study what type of financial incentives will convince EV owners to provide backup power for other users, and therefore the grid."

Peak Power is the recipient of the inaugural 2021 Canadian Proptech Innovation Award. The award recognizes Canadian startups that are driving technological innovation in the real estate sector. We're honoured to have our cleantech software that makes commercial buildings part of the climate change solution recognized by the largest community of proptech companies in Canada

Peak Power has been named to the Foresight 50, a list which recognizes Canada’s most investable cleantech ventures! Chosen from among 200+ nominations, we’re pleased to see this recognition of our hard work and potential.