Energy and environmental companies are grappling with challenges: increasingly volatile oil prices, intensified global competition, the rise of disruptive technologies, climate change issues, and more sophisticated government regulations. These factors increase the complexity and the risks for even the best-run enterprises. But progressive organizations that embrace new business models and customized strategies can rise above industry perils to outflank competitors and thrive in the years ahead.
Environmental companies need to be nimble to stay in the green.
The solar industry is moving from a subsidy-driven to an investment model. At the same time, wind companies are grappling with rapidly evolving financing challenges. The energy storage market is taking center stage, demanding that market leaders reevaluate their business strategies. Similarly, water waste management's opportunities—and potential risks—continue to grow.
Leading organizations need to understand how the latest technologies can help them address today’s green energy challenges, apply lessons learned from industry leaders, and create a roadmap for navigating the sector’s ongoing evolution.
These crucial actions will help companies succeed in the nascent energy storage market:
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