The green transition and the war in Ukraine will lastingly make fossil energy scarcer and more expensive at a time when renewable energy carriers are not yet sufficiently scalable. Over the coming months, acute shortages, in particular in Europe, may require painful adjustments to production and consumption.
Relationships build customer loyalty, and loyal customers stick with you in hard times. When going into business for yourself, it seems best to start with a sizeable equity commitment, and try to keep it intact, as your buffer against lean times.