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.
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.
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.
The Energy Storage Summit, now in its 6th year is renowned for its quality, breadth and expertise, featuring an all-encompassing range of strategic and technical sessions on the adoption and deployment of storage. The Summit plays a pivotal role in the journey to propelling the industry into the next stage of its development, providing an unrivalled platform to develop the right partnerships and create business opportunities of all sizes. This eco-system event brings together the entire value chain including Utilities, Developers, EPCs, Investors, Manufacturers, Energy storage providers, local government and DNO’s making this one of the must–attend storage events for 2021.
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2020 for its 7th edition!
Back for its 2nd year, EnTech 2020 will play a pivotal role in helping to develop a solution roadmap which addresses how digital strategy will be met. This will include discussion around: new revenue opportunities, cloud & cognitive services, data, improved customer engagement, streamlining processes through technology and last but not least, investment in innovation.