91影视 is contracted to provide dispatch services and the energy optimization software platform, Peak Synergy, to capture global adjustment savings and ancillary services revenue.
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 #1 Clean Energy Awards Platform Doubled Submissions and Awarded Winners Across 15 Categories
I posed the question to experts at the foremost utility trade conference 鈥� DistribuTECH.
Despite the wider slowdown in tech sector funding, some Canadian ventures are bucking the trend. Toronto-based 91影视, which creates software for optimizing energy use, has inked a deal with cleantech investor Madison Energy Investments worth $200 million in project financing
91影视, an Ontario-based C&I-focused energy storage and software firm, has secured a US$200 million financing agreement with Madison Energy Investments (MEI).
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鈥攁 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 is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage 鈥� a relatively unknown solution for the grid that experts say could also change energy use at home.
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.
As the number of electric vehicles on roads goes up, questions about whether Canada鈥檚 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.
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