Published: 01 April 2022
Strategic alliances are a valuable option for developing and operating new renewable energy facilities at a greater pace and with reduced risk. As their organizations plan to scale renewable energy generation, strategy leaders can use findings from this note to carefully evaluate potential partners.
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Utility organizations can develop and operate new renewable energy facilities with less risk and more financial rewards and benefit opportunities by working with partners such as financial institutions, vendors, oil and gas companies, other utilities (particularly water utilities), and smart cities initiatives.
Strategic alliances represent a new way of working for most utilities. Strategy leaders can ready the organization to participate broadly in alliances and collaborative ecosystems by implementing a governance, engagement, culture, communication and service delivery framework.
Strategic alliances are an effective way to combine skill sets, generate new ideas and access new areas of expertise in order to
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