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.
The VesBox Platform (www.vesbox.com) is a renewable energy platform that helps measure the financial bankability and sustainability of renewable energy projects anywhere in the world. It is an ideal tool for identifying all indicative risks (both quantitative and qualitative) associated with any renewable energy project globally.
As a perfect developer tool, the VesBox Platform was built for simplicity. Its due diligence automation engine delivers results in less than 10 seconds, providing industry standard reports for decision makers.
The VesBox Platform was successfully launched in London, UK with a record number of memberships amongst UK renewable energy stakeholders (project developers, financiers and tier 1 Universities).
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