Electric vehicle (EV) charging solutions company Hypercharge Networks Corp. (HC-X) has launched an energy storage and management initiative named Hypercorp Energy Solutions, a move the Vancouver-based company says will capitalize on a growing sector.

Unveiled Wednesday morning, Hypercorp will offer battery energy storage systems (BESS), energy management software and professional services. Hypercorp’s purpose is to “address infrastructure constraints, rising electricity costs, and growing electrification demand,” a release states.

The commercial, fleet and multifamily property sectors are its target markets, similar to those of Hypercharge. The initial launch of Hypercorp will focus on Hypercharge’s established customer base, representing over 500 active sites across North America.

“By bundling intelligent storage with our EV charging solutions, we are moving Hypercharge to the centre of the energy transition,” David Bibby, president and CEO of Hypercharge, said in the announcement.

The energy storage sector is rapidly growing, fuelled by demand for grid reliability and the ability to store electricity from intermittent sources such as solar and wind, the Canada Energy Regulator (CER) says.

The federal agency suggests the energy storage capacity in the country could grow to almost three gigawatts by 2030 if all the projects under construction and with regulatory approval come online by the end of the decade. BESS is the fastest-growing energy storage technology in Canada, CER adds, and is the dominant storage technology in terms of capacity and number of sites.

The Equion platform

Hypercorp’s service is aimed at enabling customers to deploy EV charging and other high-capacity electrical equipment such as heat pumps, while reducing operating costs and enhancing resiliency at sites with electricity constraints.

Named the Equion Energy Management Platform, it will employ smart controls with real-time site monitoring to track a building’s energy consumption and assist its management with power planning. 

Hypercorp is developing Equion to support participation in demand response and time-of-day pricing programs, allowing customers to access utility incentives and align with tariff structures.

By pairing BESS with the management solutions, Hypercorp’s clients can manage energy demand without expensive electricity upgrades, the company says. 

Equion builds on Hypercharge’s experience with battery-integrated solutions like its deployment of XCharge North America’s GridLink battery-integrated fast-charging stations in Canada.

Hypercorp will operate under an asset-light model by partnering with BESS and energy solution providers, avoiding the work of manufacturing the equipment.

It is starting with the commercial, fleet and multifamily sectors because of its established expertise and installed base in the industries, Kyle Kingsnorth, head of marketing at Hypercharge, said in an email exchange with Sustainable Biz Canada. Those sectors are also experiencing struggles such as constrained site capacity, he added.

The newly formed initiative “signals our evolution into a broader energy solutions platform,” Kingsnorth said. Equion, for example, is designed to be scalable, he added.   

Hypercorp plans to broaden its clientele based on customer demand, utility program availability and partner deployment capacity, Kingsnorth said.

Hypercharge's 2025

Hypercharge is one of Canada’s largest EV charger companies. In its year-end summary for 2025, the company said it has delivered approximately 5,200 charging ports to date and expanded to over 500 customers.

Last year, the company delivered 500 charging stations to Oakridge Park, a Vancouver redevelopment project scheduled to open later this year. Additionally, it started a program with Auctus Property Fund to deploy 444 Level 2 chargers across 16 rental communities by the fall of 2027.

Editor’s note: The story has been updated with answers from Hypercharge.