Innovation, scalability and reputation are keys to disrupting storage tech industry, says BNEF

Facebook
Twitter
LinkedIn
Reddit
Email
Cracking the global market will require scaling ability as well as technical know-how. Image: 24M.

While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.

Logan Goldie-Scott, head of energy storage analysis at BNEF, consulted with PV Tech Power writers Ben Willis and Andy Colthorpe for a feature article in the seventh volume of the downstream solar technology journal.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Goldie-Scott and GTM Research analyst Brett Simon looked at over 20 companies with different technology offerings across the residential, commercial, utility-scale and off-grid / microgrid segments.

“When assessing new companies, we are not looking for great ideas which are simply impossible to implement or are ahead of their time,” Goldie-Scott said.

BNEF is interested in companies with proven track records that have “innovative solutions” to address “big opportunities”, the analyst said.

For the full version of this news story, visit Energy-Storage.News.

The '20 energy storage disruptors' feature article can be read in full in PV Tech Power Volume 7. Email publisher Solar Media for enquiries regarding hard copies, or subscribe here to read the latest volume as it goes online in the next few days.

Read Next

May 9, 2025
Talk of manufacturing consolidation, excitement over energy storage and other key takeaways from Intersolar Europe 2025.
May 8, 2025
The attachment rate of energy storage with a solar array has reached 69% in the first quarter of 2025 for US residential installer Sunrun, while the company expects the tariff outlook to be manageable.
May 7, 2025
Israel-headquartered inverter producer SolarEdge has shipped 1.2GW of PV inverters in the first quarter of 2025.
May 6, 2025
Australia's Labor Party, led by Anthony Albanese, secured a landslide victory and a second consecutive term, in the 2025 federal election.
May 2, 2025
AEMO said that new renewable energy generation and energy storage projects in the final commissioning phase in the NEM have reached 7GW.
April 29, 2025
Developer Nexamp has closed a US$340 million debt refinancing for a portfolio of distributed solar and energy storage projects in the US.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia