Articles from GridPoint

GridPoint, a leading cleantech company that decarbonizes commercial buildings and accelerates the transition to a sustainable energy future, today announced an expanded partnership with Panda Express, the largest Asian dining concept in the United States. With nearly 2,500 locations and 50,000 associates, Panda Express will deploy GridPoint Intelligence™ to all U.S. locations during the next 18 months to optimize energy consumption, reduce energy costs and ensure that all restaurants remain at maximum temperature comfort for its guests and associates throughout varied climate conditions year-round.

GridPoint, a leader in energy management and optimization technology that decarbonizes commercial buildings, today announced that HASI (NYSE: HASI), a leading investor in climate solutions, has provided a credit facility of up to $150 million to enable GridPoint to meet the growing demand for its award-winning energy optimization platform.

GridPoint, a leader in energy and sustainability solutions, today announced the deployment of its technology platform across 345 restaurant locations for one of the largest Wendy’s franchise entities, Meritage Hospitality Group.

Intelligent energy network provider GridPoint today announced the company has seen substantial growth of customer participation in automated demand response (DR) programs during the 2021 peak demand season, equaling a 192% increase in capacity under management over 2020. By engaging small business and enterprise commercial customers, like Walgreens, with buildings under 50,000 sq. ft., GridPoint proves these underutilized building profiles can be leveraged today as a resource to provide the reliable, on-demand capacity the grid increasingly requires.

Intelligent energy network provider GridPoint today announced that it has been recognized as a finalist in the 2021 Cleanie Awards, the leading awards program focused on honoring individuals, companies, and innovations in the cleantech industry. GridPoint is nominated in the Project of the Year Judges’ Choice category for providing emergency capacity to the grid during California’s rolling blackouts in 2020, helping to keep power on.

GridPoint, a leader in energy management and grid sustainability, has been named a finalist in the 23rd annual S&P Global Platts Global Energy Awards. GridPoint’s intelligent energy network of grid-interactive buildings was recognized in the Grid Edge category for changing the way businesses use energy to increase grid resiliency and accelerate the transition to a clean energy future.

Intelligent energy network provider GridPoint today announced its partnership with Leap, an energy marketplace provider, with the two companies collaborating on the development of virtual power plants (VPPs) to provide flexible electricity capacity and energy efficiency savings in times of peak demand and when grid emergencies occur, enabling a more resilient and reliable energy grid.

Intelligent energy network provider GridPoint today announced the launch of its new building-centric electric vehicle (EV) charging solution. GridPoint takes a whole building approach to managing customers’ peak demand charges by analyzing and managing load across several controllable, grid-interactive assets from a single platform, including HVAC, lighting and now EV chargers. Customers can also enroll EV chargers and other eligible building loads into automated demand response (Auto-DR) programs, which deliver additional savings and support a cleaner, more reliable grid.

GridPoint announced that it has been recognized on Inc. Magazine’s annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies, earning a spot in the top 50 percent. The list measures growth between 2017 and 2020, during which GridPoint’s revenue grew by approximately 184 percent.

Intelligent energy network provider GridPoint today announced two new members of its executive team, a Chief Financial Officer (CFO) and Chief Marketing Officer (CMO). GridPoint delivers energy savings, sustainability benefits, and resilience to businesses while accelerating the transition to a clean and reliable power grid, and is expanding its executive team as the company continues to scale.

GridPoint’s Smart Building Platform received an honorable mention in the energy category of Fast Company’s 2021 World Changing Ideas Awards. GridPoint was recognized for supporting the grid transition while saving customers more than $496 million in energy expenses, reducing usage by more than 6.3 billion kWh and eliminating over 5.9 billion pounds of carbon emissions to date.