British Columbia, especially the area around Vancouver, has been heavy into fuel cells thanks to local companies like Ballard (see: those Olympic fuel cell buses). Plug-in electric vehicles are getting noticed there, though, thanks to a push to bring in the Nissan Leaf and to mandate the installation of electrical vehicle (EV) charging ports in new parking garages. Now, Greenscape (through its wholly owned subsidiary Green.Switch Capital) and Garage Juice Bar have announced they will bring a province-wide EV charging station network to British Columbia. The network is ambitious, with the idea being to "fully link" the entire province with EV charging stations in, get this, one year. The first stations will be up and running in 30 days and the entire thing will be privately financed.

What does it mean to fully link the area? Greenscape Capital says it:
will link all of British Columbia through the installation of EV charging stations on properties owned or operated by existing Greenscape energy retrofit clients and on other third-party locations. ... Greenscape and The Juice Bar will be implementing single stall EV plug-in kiosks, installable at parking garages and other strategic locations. ... EV plug-in kiosks create significant marketing advantages and brand-building opportunities for the current Greenscape partners installing them on location. Kiosk installations are targeted to become part of all future Greenscape energy retrofits in the parking industry.
This all sounds good, but there's a chance that Greenscape Capital is going to be disappointed a little ways down the road. Their press release says that "Some estimates suggest that up to 60% of all vehicles purchased by 2025 will be plug-in hybrid electric or electric vehicles." Um, that's a little high, even for George Pataki. Thanks to David for the tip!

[Source: Greenscape Capital]

PRESS RELEASE

Greenscape Partners With Garage Juice Bar, LLC to Link British Columbia With Electric Vehicle (EV) Charging Station Network


February 04, 2010

Announcement Highlights:

* British Columbia to become the first province in Canada to be fully linked with electric vehicle (EV) charging stations
* First Greenscape EV installations will be completed within 30 days, with the entire province linked within one year
* Adds significant value to existing Greenscape energy retrofit contracts and strong future revenue growth potential

Greenscape Capital Group Inc. ("Greenscape") is pleased to announce that through its wholly owned subsidiary, Green.Switch Capital ("Green.Switch"), and in partnership with Garage Juice Bar, LLC ("The Juice Bar"), it is implementing Canada's first province-wide electric vehicle ("EV") charging station network. This network will be 100% privately financed and will link all of British Columbia through the installation of EV charging stations on properties owned or operated by existing Greenscape energy retrofit clients and on other third-party locations. The Juice Bar, a leader in EV charging station solutions, is also negotiating agreements with several large US municipalities to provide EV charging station networks through the Green Garage Initiative, a team of energy conservation and alternative energy innovators.

Greenscape's unique retrofit model has resulted in strong business relationships with an extensive network across multiple industries. Through these partnerships, Greenscape and The Juice Bar will be implementing single stall EV plug-in kiosks, installable at parking garages and other strategic locations. The implementation will fit seamlessly within the Greenscape network of energy efficiency clients. Greenscape and The Juice Bar will share revenue generated at these kiosks with their partners. EV plug-in kiosks create significant marketing advantages and brand-building opportunities for the current Greenscape partners installing them on location. Kiosk installations are targeted to become part of all future Greenscape energy retrofits in the parking industry.

As consumer demand rises and auto manufacturers across the board begin the rollout of Plug-in Hybrid Electric Vehicles (PHEVs) and full Electric Vehicles (EVs), the development of a reliable, efficient, and accessible network of EV charging stations will be crucial. Greenscape, through its strategic partnerships, is a pioneer in this effort and will complete its first installations within 30 days. A full, province-wide network is targeted for completion within one year from today.

Green.Switch CEO Ryan Skomorowski states, "Many of the major auto manufacturers are on track for electric vehicle production in the near term. There will be a growing demand for an easy and accessible network of EV charging stations, otherwise consumers will be limited to charging their electric vehicles at home. Through existing relationships with our retrofit clients, Green.Switch is in an excellent position to meet this coming demand. The roll out of this network is targeted to provide revenue for Green.Switch and its partners while also creating market differentiation and brand building opportunities for our current energy retrofit clients. Greenscape is proving that these networks can be financed by the private sector and this is a great example of a British Columbia based company creatively emerging as a market leader by targeting both energy efficiency and profitability in the same transactions."

Most automotive manufacturers are either currently producing or planning to produce Electric Vehicles (EV) or Plug-in Hybrid Electric Vehicles (PHEV). While widespread adoption of other alternatively fuelled vehicles would require significant infrastructure development, electricity is widely distributed throughout British Columbia and can support rapid adoption of EVs and PHEVs. Some estimates suggest that up to 60% of all vehicles purchased by 2025 will be plug-in hybrid electric or electric vehicles.

This project can be financed by existing company capital.

About Garage Juice Bar, LLC
Garage Juice Bar, LLC is a leader in electric vehicle (EV) charging station solutions; working with partners in the United States and Canada to provide innovative charging networks across multiple platforms. Garage Juice Bar is an active participant in the Green Garage Initiative, a team of energy conservation and alternative energy innovators. Garage Juice Bar, whose philosophy is "charge cars not people", is committed to the further development and deployment of EV charging stations throughout North America. The creation of an open-sourced platform for EV charging stations will support the integration of a vehicle-based transportation system that is not entirely dependent upon petroleum as a fuel.

About Greenscape Capital
Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital owns 100% of Green.Switch Capital, a Canadian based energy retrofitting company focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. Green.Switch provides full-service energy retrofitting for commercial clients. The Green.Switch energy retrofit process begins with the assessment of client issues and infrastructure, through to project design, capitalizing improvements, attaining government incentive grants when applicable, contracting, installation and monitoring. Revenue to Green.Switch is targeted during every phase of this process. When marked opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals
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