Canadian EV charging solutions provider and network operator Hypercharge Networks has launched Hypercorp Energy Solutions, a new energy services initiative that operates alongside Hypercharge Networks and expands its focus beyond EV charging into battery energy storage.
The company is developing Hypercorp as an advanced energy platform designed to help commercial, fleet and multi-family property owners generate and store energy, as well as optimize its delivery.
The initiative brings together battery energy storage systems, energy management software and professional services into a single, integrated offering intended to support electrification at constrained sites, Hypercharge said.
The initial launch will focus on Hypercharge’s established customer base of more than 500 active sites across North America.
By working directly with existing customers, Hypercorp said it aims to deliver bundled energy storage and management solutions tailored to site-specific electrical capacity, utility limitations and operational objectives.
The company is developing Equion Energy Management to enable properties to add EV charging and other high-capacity electrical systems, including heat pumps, without overwhelming their electrical infrastructure. By combining smart controls with real-time site monitoring, Equion allows load to follow what a building can safely deliver and what operators intend to spend on power.
The platform will support participation in demand response and time-of-day pricing programs, including automated demand response (ADR), so that customers can align their infrastructure investments with utility incentives and tariff structures.
Hypercorp will maintain an asset-light model by partnering with BESS and other energy solution providers rather than manufacturing its own equipment. Revenue will be driven by higher-margin software-as-a-service (SaaS) sales, equipment financing, professional services and future energy arbitrage opportunities, the company said.
The initiative builds on Hypercharge’s experience in deploying battery-integrated solutions, including the deployment of XCharge North America’s GridLink battery-integrated DC fast charging stations in Canada and dynamic load optimization across active customer sites.
“As electricity demand is forecast to significantly increase across every region, our customers need more than just a plug; they need a resilient energy strategy,” said David Bibby, President and CEO of Hypercharge. “By bundling intelligent storage with our EV charging solutions, we are allowing our clients to grow with confidence while we build a more scalable, recurring revenue base.”
Source: Hypercorp Energy Solutions
