Financing Solution for a 2MWh Mobile Energy Storage Battery Cabinet

Making project finance work for battery energy storage

It has traditionally been difficult to secure project finance for energy storage for two key reasons. Firstly, the nascent nature of energy storage technology means that fixed income lenders and

4 FAQs about Financing Solution for a 2MWh Mobile Energy Storage Battery Cabinet

Can you finance a battery storage system?

Recently, Peak Power conducted an energy storage finance webinar that focused on strategies available for financing battery storage system projects. The webinar aimed to provide valuable insights into financing options and strategies for these projects.

How do battery storage project financings work?

Battery storage project financings tend to have finance documents which mirror those seen in a renewables project financing, though they raise a number of additional issues, particularly in relation to structuring repayment profiles around their complex revenue streams.

Who owns a battery energy storage system?

Archie discussed various ownership structures for battery energy storage systems. Third-party ownership involves a company like Madison Energy Investments financing and operating the battery while the savings are shared between the energy storage system owner and the host site.

Are government subsidies for battery storage a viable revenue stream?

The available government subsidies for battery storage in the UK do not currently form a sufficiently significant and stable revenue stream to ensure battery storage project financings are fundable on the basis of capacity market or ancillary services alone.