SWITCH Power, founded in 2019, is an innovative player in the Energy and Renewable Energy sectors, headquartered in Canada. Leveraging its slogan, "SWITCH the way you think about power," the company positions itself as a proficient developer and independent power producer. The firm crafts and operates sustainable power generation infrastructure and offers a unique electricity-as-a-service model.
Specializing in markets that are underserved or niche, SWITCH Power furnishes tailor-made energy solutions for utility, industrial, commercial, and community clients. Boasting a portfolio that includes non-carbon emitting technologies like wind, solar, and battery energy storage, the company excels in micro-generation, utility scale, and off-grid arrangements. Their business model is particularly appealing as it reduces clients' electricity costs and emissions with no upfront capital required.
The startup last received a $5.00M Debt Financing investment on 02 February 2021 from SaskWorks Venture Fund, marking a significant milestone in its financial journey.