CleanSpark launches partnership program to accelerate growth

CleanSpark Inc (NASDAQ:CLSK), a diversified software and services company, announced Friday the launch of its partnership program to accelerate growth.  Participating partners will have access to the company’s mVSO energy project modeling software, proposal support, and co-marketing suite of services, the company said in a statement.  CleanSpark said its partnership program will provide a way for battery manufacturers, energy developers, EPCs (engineering, procurement and construction companies) and solar installers to work directly with CleanSpark and offer its software and controls as part of ongoing project proposals, or as a reseller. READ: CleanSpark adds enhanced features and modeling tools to its microgrid Value Stream Optimizer (mVSO) software The program launch will feature partners including Bay Area Energy Solutions Inc, a Northern California company that provides microgrid services to estate homes and commercial businesses including wineries, a rapidly growing market segment for distributed energy resource management systems. In addition, the program will provide partners admittance to the new online partner portal where they will have use of CleanSpark's mVSO proposal and design software at preferred pricing for the partner's internal use.  The CleanSpark partner portal will also streamline access to training, marketing materials, documents, and communication tools to help increase sales and productivity between the companies.  For premier or strategic partners, Utah-based CleanSpark will also provide co-marketing matched funds for online, co-branding, or joint tradeshow opportunities. "Making an investment in growing our partnerships is an exciting step for CleanSpark,” said Amer Tadayon, CleanSpark's chief revenue officer in the statement.  “We recognize that our company has become an integral part of educating, presenting and winning energy proposal projects. Enabling our partners to offer a more complete solution, we believe, will ultimately result in substantially more installations." Zach Bradford, CEO of CleanSpark, said the launch of the platform represents “a significant strategic milestone” as the company increases its reach and market share in the industry.  "We look forward to announcing additional strategic partnerships in the coming weeks," he added.  CleanSpark’s stock recently traded up by 8.8% to $5.30 a share in New York.  Contact the author: patrick@proactiveinvestors.com Follow him on Twitter @PatrickMGraham