What’s the challenge of developing a green tech project in a project consortia setting?
Setting up green tech related project consortia or new ventures requires time, financial resources and strong partnerships. Project consortia member necessarily have oppositional perspectives and objectives – a mixture of perseverance, fortitude, empathy and balance in the project consortia and management is therefore needed. Bridging gaps over business cultures and time zones demands strong moderation and communication skills. Trouble shooting mechanism between consortia member e.g. project developer, feedstock provider, off-take partner and financiers need to be in place.
The challenge of developing successful green tech projects may therefore not be on the technical side only but moreover require a diverse set of skills and number of business partners to work with until success is achieved.
What’s the benefit of working with Green Tech Avenue in a joint venture setting or project consortia partnership?
As a vehicle for market entry, Green Tech Avenue is capable of forming and managing joint ventures with technology partner. In partnership with technology supplier, this approach offers the opportunity to enter green tech or clean power related project consortia. As a separate entity, controlled and supervised by both JV partners, Green Tech Avenue may take the project lead in a new project, fill certain required business functions or act as representative of a technology supplier in a consortia abroad. In this case, the JV bundles the skills and capabilities of both parties.