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CleanSpark’s GridFabric Completes OpenADR Certification for KIGT

CleanSpark, Inc., an advanced software and controls technology solutions company focused on solving modern energy challenges, announced that its wholly-owned subsidiary, GridFabric has completed the process of OpenADR certification for KIGT, Inc. KIGT is an electric vehicle (EV) charging, software and technology company focusing on charging stations and related software for commercial, fleet, and residential vehicles.

KIGT’s charging platform and proprietary software have now been added to the official list of OpenADR certified products.

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KIGT, an OntarioCalifornia based firm, was founded as a reseller of EV charging equipment more than a decade ago. The principals of the company identified a need within the electric vehicle sector for a more efficient, faster charging and affordable solution. The team at KIGT successfully launched a proprietary platform and began manufacturing their own products in 2014. This Open ADR certification will enable KIGT to enter new markets, participating alongside other, older EV charging companies in serving entities including major California Utilities and HECO (Hawaiian Electric Company, Inc.).

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We believe the electric vehicle market is poised for exponential growth. According to McKinsey & Company, “With consumer focus shifting towards sustainability, it is anticipated that expenditure on electric vehicles will double over the next 5 years.”

Paul Francis, Co-Founder of KIGT, said of the announcement, “OpenADR certification will be a key driver for our growth in 2021, allowing us to work with leading utilities’ demand response and incentive programs. GridFabric made the process easy, as we were able to become fully certified much quicker and at a significantly lower cost than attempting the certification process alone.”

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Zach Bradford, CleanSpark’s President and Chief Executive Officer stated, “GridFabric’s Plaid product is one of the fastest ways for a company like KIGT to achieve full OpenADR certification across their platform. This process allows them to participate in utility load shifting programs, rapidly. Alternatively, the process of achieving certification without this program can result in months-long delays and substantial capital expenditures. This project is yet another successful deployment of GridFabric’s unique offering within the broader EV charging industry.” Adding, “GridFabric, has continued to expand its network of customers since its acquisition by CleanSpark in 2020. Following President Biden’s remarks this week committing to the replacement of the entire Federal fleet with electric vehicles, we believe the focus on rapid certification of EV charging systems is poised to accelerate over the course of the coming years.”

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