Energy Storage Cleantech Report: 10 Important TrendsMarch 26, 2013 Posted by: Matt Maloney
Energy Storage Cleantech Report: 10 Important Trends
SVB's latest cleantech report on energy storage reviews the market drivers, challenges and opportunities for this integral piece of the cleantech ecosystem. The report provides detail on the technologies, the drivers of growth, the exit environment and investment activity. We outline the following ten important trends that influence the growth of energy storage, the key to the viability of renewable energy.
Incumbent Dominance: The large established battery manufacturers continue to dominate, making breakouts for new entrants challenging. Incumbents bring financial stability, manufacturing scalability and reliability which win favor over the technical advantages of new battery players. Batteries are often integrated into the end user product, and established OEMs are often reluctant to purchase from startups due to supply and quality concerns.
Long on Promise, Short on Results: Advanced energy storage is still in its early stages. Even companies that have been around for years are only in early commercialization. This is both good and bad: the sector...Read More