Everything Chris Taylor said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Taylor: Gridstor Was Among First to Transfer IRA Tax Credits
“We were one of the first, if not the first project to be able to effectuate a transfer of the new tax credits that are available under the Inflation Reduction Act, which is kind of an in the weeds, wonky finance thing, but critically important to taking these …”
Robust domestic US battery supply chains won't be viable until late 2026
“So we are looking to focus our supply, de-risk our supply chain so that we have robust U.S. Supply options, but those are not likely to be viable until late 26 or early 27, realistically.”
Raising $100M-$200M only funds a single clean energy infrastructure project
“Most companies are raising a hundred million or two hundred million, which is just about enough to build one thing, and then you're out of money again.”
Financing unproven battery tech without a Tesla-level balance sheet is nearly impossible
“If we were using an unproven technology or a company that didn't have much of a balance sheet or a track record, I think that would have made this much more difficult, if not impossible.”
Double-digit storage growth triggers FOMO among traditionally cautious bank lenders
“When they see that a new sector like batteries is,
Is poised for double digit annual growth.
They don't want to see all that business go to their rivals.
They want to make sure they get on the ground floor too.
So there's kind of a chicken and egg thing where …”
Taylor: Gridstor executed an IRA tax credit transfer with J.P. Morgan
“There's got a ton of lawyers involved and accountants on every side and a lot of sort of reassuring of people, but it's a pretty straightforward process, and at the end, we got that done with J.P. Morgan, which is Fantastic is they're probably the biggest play…”
The IRA structurally fails without private buyers for energy tax credits
“The IRA doesn't work without private parties that are willing to buy these credits, right? The government doesn't actually write us a check.”
Trump's manufacturing onshoring will actually drive up battery storage demand
“That said, I think that load growth will probably increase under Trump. If he's successful in everything he wants to do, he will, if we onshore manufacturing and do all these things that will drive up load growth, that will drive up the need for batteries.”
Gridstor is rushing Chinese equipment deliveries to beat incoming tariff deadlines
“And we're talking to manufacturers in China about, you know, moving equipment prior to tariffs getting imposed. We're talking to manufacturers about buying U.S. Equipment as soon as it's available, and we're talking to Other parties about buying from parties, …”
Gridstor installed a Tesla Megapack every 2.5 minutes at construction peak
“I think we were installing a mega pack every two and a half minutes at the peak of construction. It's pretty incredible. That's how fast they were able to load them on. Maybe it was every five minutes, but they were able to like pick them off this truck with a…”