AES Energy Storage, NEC Energy Solutions, & RES Americas Score Highest in Navigant Research Assessment of Energy Storage Syst...
27 May 2015 - 7:15PM
Business Wire
Leading players have a track record of successful projects
and are willing to adapt to market demand, report finds
A new Leaderboard Report from Navigant Research examines the
strategy and execution of 12 leading energy storage systems
integrators (ESSIs), including vendor profiles, ratings, and
rankings, with the goal of providing industry participants an
objective assessment of these companies’ relative strengths and
weaknesses in the market.
While ESSI players were few and far between just a few years
ago, today, a variety of new entrants are populating the market.
Battery prices have responded to cost pressures, compelling ESSI
providers to deliver more consistent pricing, and the scaling of
the industry overall is expected to rely on these vendors and their
approach to the market. Click to tweet: According to a new
Leaderboard report from Navigant Research, AES Energy Storage, NEC
Energy Solutions, and Renewable Energy Systems (RES) Americas lead
the ESSI market in terms of strategy and execution.
“Key pieces of the value chain, such as inverters and
installation, are bottlenecks that ESSI vendors must find creative
solutions to in order to scale their business and continue to offer
competitive rates,” says Anissa Dehamna, principal research analyst
with Navigant Research. “Vendors that have strategies in place to
address these solutions will be well-positioned to scale their
businesses over the long term.”
Leading ESSI vendors AES Energy Storage, NEC Energy Solutions,
and RES Americas have portfolios of successful projects,
demonstrating disposition and their ability to adapt offers to the
demand seen in the market, according to the report. These
characteristics, along with the pursuit of scalable business
models, are particularly important in the ESSI space, as some firms
have failed due to poor management or business strategy—even with a
core technology that thoroughly demonstrated added value.
The Navigant Research Leaderboard Report: Energy Storage Systems
Integrators examines the strategy and execution of 12 leading
energy storage systems integrators. These players are rated on 12
criteria: vision, go-to-market strategy, partners, production
strategy, technology, geographic reach, sales, marketing and
distribution, product performance, product quality and reliability,
product portfolio, pricing, and staying power. Using Navigant
Research’s proprietary Leaderboard methodology, vendors are
profiled, rated, and ranked with the goal of providing industry
participants with an objective assessment of these companies’
relative strengths and weaknesses in the global market. An
Executive Summary of the report is available for free download on
the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant,
provides market research and benchmarking services for rapidly
changing and often highly regulated industries. In the energy
sector, Navigant Research focuses on in-depth analysis and
reporting about global clean technology markets. The team’s
research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of
the Smart Energy, Smart Utilities, Smart Transportation, and Smart
Buildings sectors. Additional information about Navigant Research
can be found at www.navigantresearch.com.
About Navigant
Navigant (NYSE: NCI) is a specialized, global professional
services firm dedicated to assisting clients in creating and
protecting value in the face of critical business risks and
opportunities. Through senior level engagement with clients,
Navigant professionals deliver expert and advisory work through
implementation and business process management services. The firm
combines deep technical expertise in Disputes and Investigations,
Economics, Financial Advisory and Management Consulting, with
business pragmatism to address clients’ needs in highly regulated
industries, including Construction, Energy, Financial Services and
Healthcare. More information about Navigant can be found at
navigant.com.
* The information contained in this press release concerning the
report, Navigant Research Leaderboard Report: Energy Storage
Systems Integrators, is a summary and reflects Navigant Research’s
current expectations based on market data and trend analysis.
Market predictions and expectations are inherently uncertain and
actual results may differ materially from those contained in this
press release or the report. Please refer to the full report for a
complete understanding of the assumptions underlying the report’s
conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or
the report.
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Navigant ResearchEllie Stutts, +1
202-973-3249ellie.stutts@navigant.comorMegan Maupin, +1
312-583-5703megan.maupin@navigant.com