Chris Taylor, CEO of Gridstor, reflects on the capital intensity of battery storage infrastructure projects compared to typical fund raises.
0:00 / 0:05exact quote · 5.5s
720p mp4 · rendered on demand · StarZero watermark
“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.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Chris Taylor
AssertionSupported
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 …”
Chris TaylorJan 22, 2025▶ 2:25Pioneering one of the first IRA tax credit transfers
PredictionNot checkable as stated
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.”
Chris TaylorJan 22, 2025▶ 29:31Pioneering one of the first IRA tax credit transfers
What-if
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.”
Chris TaylorJan 22, 2025▶ 7:25Pioneering one of the first IRA tax credit transfers
Insight
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 …”
Chris TaylorJan 22, 2025▶ 13:30Pioneering one of the first IRA tax credit transfers
Disclosure
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…”
Chris TaylorJan 22, 2025▶ 18:36Pioneering one of the first IRA tax credit transfers
Insight
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.”
Chris TaylorJan 22, 2025▶ 18:59Pioneering one of the first IRA tax credit transfers
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 100 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.