Peak Power, a leading North American battery energy storage development and energy optimization software company, has announced the appointment of Doran Hole and Benjamin Baker to its Board of Directors. The new directors will provide strategic guidance as the company scales its battery storage and energy optimization solutions across North America.
Strategic Appointments Amid Growing Demand
The appointments come at a pivotal time for the electricity sector. Across North America, rising power demand, grid constraints, and tightening capacity markets are increasing the need for flexible energy resources that can be deployed quickly. Recent capacity auctions in key ISO markets have reached record highs, underscoring the value of dependable capacity and the urgency of solutions that can help balance the grid today, not years from now.
Battery storage is emerging as one of the fastest and most scalable ways to address this challenge. When paired with intelligent forecasting and market participation, battery storage assets can reduce costs for customers, generate new revenue streams, and provide dependable flexibility to the grid.
Leadership Experience
Doran Hole brings more than 30 years of global finance and management experience in the clean technology industry. He previously served as Executive Vice President and Chief Financial Officer of Stem, Inc. and Ameresco, Inc., and earlier held senior leadership roles at ReneSola Ltd., where he supported the company’s capital markets strategy, North American operations, and finance activities.
Benjamin Baker has served as Managing Partner and Chief Investment Officer of GDEV since June 2020. He previously served as Managing Director of Delaware River Solar, where he helped execute the company’s approximately 300 MW pipeline and led capital raising activity, securing more than $100 million of committed facilities across development capital, construction capital, tax equity, and term debt. He also held roles at Hudson Clean Energy Partners and GE Energy Financial Services.
CEO Commentary
“Peak Power is entering a defining moment for energy storage and distributed energy resources,” said Derek Lim Soo, CEO of Peak Power. “The market is telling us that capacity, speed, and flexibility matter more than ever. Doran and Benjamin bring the kind of strategic, financial, and operating experience that can help Peak Power scale into that opportunity.”
“The companies that will lead this next phase of the energy transition are the ones that can translate grid volatility into customer and investor value,” said Doran Hole. “Peak Power has the technical platform, market intelligence, and commercial model to do that.”
