The renewable energy software company, VesBox, have created an automation tool that measures the financial bankability of renewable energy solar projects globally. The VesBox Platform also identifies all possible environmental, social and ecosystem risk factors associated with your project, all in less than 10 seconds.
MARCH 30, 2020, VesBOX
Top London researchers have created an innovative platform known as VesBox. The VesBox Platform measures renewable energy due diligence anywhere in the world in a matter of seconds, not months.
It is estimated that over 200 Million people will benefit from renewable energy by 2050. This corresponds to a positive year-on-year growth curve. Recent research has however showed otherwise, according to a report written by the International Energy Agency (IEA), the growth of renewable energy has stalled or otherwise plateaued amidst fears of moving to other markets outside North America, Europe and Australia. Risk uncertainties such offtaker credibility, grid connection, regulatory policies are all on the fore front on the minds of decision makers. The team at VesBox have found an innovative way to solving this major concern.
