Energy storage's high cost and technical limitations have kept renewable energy providers from achieving large-scale, low-cost parity with traditional suppliers.
But that may be changing. Take a look at California-based Primus Power, which recently raised $20 million in venture capital as part of a Series C round. And Tesla Motors just announced plans — in a deal that may be financed by Apple — to design a "Gigafactory," a 10-million-square-foot plant for making car batteries, which could lower battery prices down to drive electric cars into the mainstream and provide Apple with more innovative technologies.
Change happens fast. So ask yourself: when innovation happens — will you have the right manufacturing solution in place to swiftly embrace new disruptive technologies? Learn how Arena PLM has helped clean tech OEMs develop new products and get them to market on time and on budget.