Navigant Research Names Fluence, Nidec ASI, Tesla, and RES the Leading Energy Storage Systems Integrators
January 9, 2019
Market players are moving away from providing project development
services to offer integrated hardware and software solutions for a range
of customers
BOULDER, Colo.–(BUSINESS WIRE)–A new Leaderboard Report from Navigant
Research examines the strategy and execution of 12 energy storage
systems integrators (ESSIs), with Fluence, Nidec ASI, Tesla, and RES
ranked as the leading market players.
The utility-scale energy storage market has grown increasingly
competitive since 2016 as projects become economically viable for a
range of new applications in new geographies. As the market matures and
expands, the role of ESSIs has become the key position in the value
chain for ensuring successfully built and profitable energy storage
systems. Click
to tweet: According to a new Leaderboard report from @NavigantRSRCH,
Fluence, Nidec ASI, Tesla, and RES are the leading ESSI companies.
“These leaders are actively pushing the boundaries of how energy storage
is viewed by stakeholders in the industry and are working to open new
markets,” says Alex Eller, senior research analyst with Navigant
Research. “Trailing companies are also well-positioned to capitalize on
new markets and project opportunities in a segment that remains highly
competitive, with companies offering similar products and services.”
According to the report, companies in the ESSI space are moving away
from providing project development services to offer integrated hardware
and software solutions for a range of ESS customers. These innovative
companies are responsible for both the design and optimization of an
energy storage project, typically leveraging robust software and
controls platforms to maximize the value of a project. ESSI companies
are responsible for managing this complexity by designing and optimizing
systems that can provide the maximum value to both the grid and the
system owners.
The report, Navigant
Research Leaderboard: Utility-Scale Energy Storage Systems Integrators,
compares the strategy and execution of 12 leading ESSIs focused on the
utility-scale market. These companies 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 ESSI
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
clean, intelligent, mobile, and distributed energy. Additional
information about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the firm primarily serves clients in the healthcare,
energy, and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.
* The information contained in this press release concerning the
report, Navigant Research Leaderboard: Utility-Scale 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.
Contacts
Navigant Research
Lindsay Funicello-Paul
+1-781-270-8456
lindsay.funicello.paul@navigant.com