NovAzure Newsletter 19/11/2025

This month, our partners have been shaping the conversation around transition finance, venture readiness, and corporate innovation. Their insights highlight how collaboration drives real progress toward a sustainable economy.

Info NovAzure November 19, 2025

Executive Update

“This month, our partners have been shaping the conversation around transition finance, venture readiness, and corporate innovation. Their insights highlight how collaboration drives real progress toward a sustainable economy.”

Jean-Jacques Jouanna, Managing Director

Across the Network

At SWITCH, Connect 2025, and the Asia Clean Energy Summit (ACES) in Singapore, NovAzure engaged with ecosystem partners to explore how climate tech innovation is evolving across Asia.

Christopher Gruen, Managing Director

“A key takeaway [from my] friend Gerald Foo: “If Europe and the Western world was more advanced in developing a framework in which climate tech was thriving than Asia, Asia has produced potentially more innovation that truly can add value to the economy and survive without subsidies and regulations.” … I would agree to that. The more it becomes important to keep bridging innovation to be brought from Asian markets to Europe and vice versa.”

“Financing and capital requirements are still a major hurdle, and we will need to see more partnership and blended finance to forge ahead. Public-private partnership is key to unlocking opportunities. A clear government mandate/policy will send a clear signal for the private sector to line up its resources and network. The winning companies will be those that can turn risks into rewards as they navigate through the energy transition.”

Woon-Hui Oh, Partner

NovAzure is focused on bridging these innovation markets, helping ventures, corporates, and investors connect Asian-driven innovation with European frameworks and finance to drive scalable, investable impact across the net-zero transition.

At the Carbon13 / Barclays Eagle Labs Venture Arcade on 24 October, NovAzure joined partners and investors to see innovation in action across a strong cohort of scaling start-ups in the built environment, hydrogen, agri-tech, and marine sectors.

Phillip Cholerton, Partner

“Programmes like Carbon13 play a crucial role in nurturing early-stage innovators — one of the reasons the UK now has over 5,000 active cleantech start-ups. However, scaling beyond early stages can be more challenging. Accessing capital for later Series rounds remains tougher in the UK, with the US ecosystem still leading the way.”

NovAzure supports post-accelerator ventures in tackling commercial and growth challenges, from pricing strategies and go-to-market models to manufacturing and licensing. This helps founders turn climate innovation into sustainable, scalable business impact.

Partner Perspective

Stationary Batteries- The New ‘Gold Rush’

Jean-Jacques Jouanna – Managing Director

Stationary batteries have become the new frontier of the energy transition, with investors rapidly moving into storage as costs fall and offtakes mature. Globally, installed capacity reached 69 GW in 2024 and could grow to ~94 GW in 2025 as new markets open. In Europe, grid-scale capacity is set to more than double to around 25 GW by mid-2025, while the UK continues to lead – its market might quadruple by 2030 from today’s 5 GW.

The rapid growth of renewables is intensifying the demand for flexibility, while grid expansion remains constrained. At the same time, lithium-ion pack costs have fallen to around $115/kWh, a decline of nearly 25% since 2019, further accelerating investment in storage. Yet, with opportunity comes complexity, as investors must navigate grid-connection saturation, policy and market design shifts, and revenue cannibalisation as more capacity competes for the same market spreads.

The focus, as our partners now describe it, is moving away from speculation to strategic scaling. Success lies in targeting the right locations, securing early and bankable offtakes, and designing for flexible 2–4 hour durations that are adaptable to evolving market needs. The companies that will win in this new phase are those that can turn risk into resilience and those translating volatility into long-term value in the flexibility economy.

The Next Stage of EV Charging Could Be Indoors

Andrew Aldridge – Partner

The next phase of EV charging innovation may be moving indoors. As any EV driver in Scotland knows, the weather can be a challenge, which makes indoor charging an attractive evolution for user experience and system reliability.

From the early rollout of the ChargePlace Scotland network to new on-street solutions from Trojan Energy and Urban Fox Networks, the UK has seen major progress in public charging infrastructure. Now, Fastned is taking a bold next step by introducing the UK’s first indoor drive-thru charging hub in Aberdeen, a concept that could soon reshape how and where we charge. Some believe the next opportunity lies in truck-stop–style indoor charging for HGVs, addressing another crucial piece of the low-carbon transport puzzle.

At NovAzure, we’ve been at the forefront of the EV charging market in the UK, supporting ventures and investors to develop scalable, commercially viable charging solutions

Highlights & What’s Next

Past NovAzure Events

Brown Rudnick’s Cleantech Pitch Event – 1/10/2025

NovAzure was pleased to once again partner with Brown Rudnick for their Clean Technology Pitch Event 2025. As in previous years, cleantech CEOs showcased some of the most promising innovations in the sector, pitching directly to a panel of experienced venture capitalists.

Find out more

Barclays Sustainability Breakfast- 12/06/2025

NovAzure was delighted to join the inaugural Barclays Sustainability Breakfast, a future focused event for business owners, climate innovators, and sustainability leaders to explore how sustainability is creating real business opportunities.

Find out more

What’s Next for Our Partners

Discover where our partners will be engaging with innovators, investors, and industry leaders.

Emex 2025

London, 19-20/11/2025

Energy Management and

Smart Buildings Expo