VECKTA's Gareth Evans, Episode 3, Green Giants Titans of Renewable Energy

Summary
In this episode, Wes Ashworth interviews Gareth Evans, founder and CEO of VECKTA, a platform and marketplace that simplifies the energy transition process for businesses. Gareth shares his journey into the renewable energy industry and discusses the challenges faced by business leaders in understanding and implementing renewable energy solutions. He emphasizes the importance of education and awareness in overcoming barriers to adoption. Gareth also highlights the need for collaboration, innovation, and a diverse team to drive the renewable energy industry forward. He predicts a breakout year for on-site energy systems and emphasizes the importance of energy sovereignty and access to affordable, reliable, and clean power. In this conversation, Gareth Evans shares his experiences as an entrepreneur in the renewable energy industry. He discusses the rewarding moments of entrepreneurship, the importance of persistence and overcoming challenges, tips for seeking funding, staying true to yourself and finding the right fit, measuring success in renewable energy, and the importance of collaboration and knowledge sharing.

Takeaways

• The renewable energy industry faces challenges in education and awareness, as well as overcoming the momentum of status quo thinking.
• On-site energy systems and microgrids are expected to have a breakout year in 2024, driven by decreasing technology costs and incentives.
• Collaboration, innovation, and a diverse team are essential for driving the renewable energy industry forward.
• The industry needs to address supply chain risks and ensure energy sovereignty to achieve a more predominant renewable energy future. 
• Entrepreneurship in the renewable energy industry can be challenging, but the rewarding moments make it worthwhile.
• Persistence is key when seeking funding, and it's important to adapt based on feedback and find the right fit with investors.
• Staying true to yourself and being transparent in your business dealings is crucial for long-term success.
• Measuring success in renewable energy can be based on the number of sustainable systems deployed and the ability to scale efficiently.
• Collaboration and knowledge sharing are essential for the growth and advancement of the renewable energy industry.

Chapters
00:00
Introduction to Gareth Evans and VECKTA
01:10
Challenges in the Renewable Energy Sector
05:30
Gareth Evans' Journey into Renewable Energy
09:39
Passion and Drive in the Renewable Energy Industry
11:11
The Roadmap to Achieving the Renewable Energy Mission
15:51
Leadership Approach and Decision-Making
17:48
Creating a Culture of Innovation
19:09
Hiring for an Innovative Team
21:13
Obstacles in the Renewable Energy Sector
27:02
Insights and Expectations for 2024
29:30
Emerging Trends in Renewable Energy
31:49
Advice for Young Professionals in the Industry
35:27
Essential Changes Needed in the Renewable Energy Industry
37:52
Major Shifts Anticipated in Renewable Energy
39:00
Fulfilling Moments in Gareth Evans' Career
39:33
The Rewarding Moments of Entrepreneurship
40:01
Persistence and Overcoming Challenges
41:18
Tips for Seeking Funding
42:15
Staying True to Yourself and Finding the Right Fit
43:20
Measuring Success in Renewable Energy
44:36
The Importance of Collaboration and Knowledge Sharing