Le Lézard
Classified in: Business

Peak Power Launches $1,000 Bursary for Underrepresented Students in STEM and Cleantech Programs

Toronto, ON, Sept. 19, 2023 (GLOBE NEWSWIRE) -- TORONTO, ON - Peak Power Inc., a leading energy storage and software solutions provider, has announced the creation of a new bursary aimed at supporting underrepresented students in STEM and Cleantech programs at accredited Ontario institutions. The $1,000 Future Cleantech Leader bursary will be awarded to a deserving first-year post-secondary student who demonstrates financial need, character, and passion for the field. The application deadline is October 31, 2023.

"As part of our commitment to diversity, equity, and inclusion, we are not structuring this as a scholarship solely based on academic achievement, which can be exclusionary to folks whose grades might be affected by socioeconomic, environmental, or personal factors," said Dhiren Khattar, President of the Corporate Social Responsibility (CSR) Committee at Peak Power. "Our goal is to lift some of the financial burden for someone that might bring different perspectives to this huge climate crisis our world is facing."

The bursary is open to students who are enrolled in a STEM or Cleantech program at an accredited Ontario institution. The application process is designed to be inclusive, with written, spoken word, musical, and video formats accepted.

We haven't seen bursaries and scholarships as a common offering in our industry. ," said Derek Lim Soo, CEO of Peak Power. " But if we want to see real progress, we need to empower future cleantech leaders from all walks of life and socioeconomic backgrounds. That's why we put an emphasis on commitment and potential rather than academic achievement."

Peak Power formed its Corporate Social Responsibility committee this year. The committee's mandate is to drive the company's social accountability to all their internal and external stakeholders. Because of its employee-led structure, the committee members have better visibility on positive changes that can be made across the organization. It also allows for a larger diversity of voices to be empowered to make decisions. This bursary is one of the first initiatives to come out of the newly formed committee.

For more information on the Peak Power bursary and how to apply, please visit Peak Power's Bursary Program webpage.

About Peak Power
Peak Power is a cleantech company founded in 2015 operating in Ontario, New York, New England, and California. Their flagship software, Peak Synergy, provides energy management solutions for commercial real estate and industrial customers by optimizing three core energy assets: battery energy storage systems, grid-interactive buildings, and electric vehicles. Peak Synergy enables customers to minimize operational costs, reduce emissions, and sell energy back to the grid. Peak Power's software delivers results with innovative projects that take commercial and industrial scale storage systems and electric vehicles into electricity markets. Peak Synergy is deployed in over 13M sq. ft. of real estate, with ~150 MWh of battery and electric vehicle capacity under contract or committed.

These press releases may also interest you

at 19:47
Everest Medicines (HKEX 1952.HK,...

at 19:00
Singapore-based Fintech-powered Fund management firm TradeFlow Capital Management (TradeFlow) and Abu Dhabi based digital trader Open Mineral have joined forces, launching the 'Critical Minerals Trade Finance Fund' and a new TradeFlow Metals...

at 17:00
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of AdaptHealth Corp. between (1) August 4, 2020 and February 27, 2023, both dates inclusive (the "Class Period") and/or (2) AdaptHealth common stock pursuant...

at 16:55
Today at the UN Climate Change Conference (COP28), Ministers and Indigenous leaders from the most important tropical forests in the world spoke at the launch of Equitable Earth - a new voluntary carbon market standard designed to drive climate...

at 16:49
ITMO Ltd and BancTrust Investment Bank ("BancTrust") have agreed to a joint distribution and settlement partnership for countries issuing sovereign carbon ITMOs under Article 6 of the Paris Agreement.  Rainforests are a critical part of the solution...

at 14:00
Combined company to maintain Alaska Airlines' and Hawaiian Airlines' strong, high-quality brands, supported by a single, compelling loyalty offering.Expands fifth largest U.S. airline to a fleet of 365 narrow and wide body airplanes enabling guests...

News published on and distributed by: