Energy Storage News•15 days ago
Price falls have enabled ‘zero-capex’ co-located BESS business model in Spain, company says
Key Takeaway
Falling BESS costs are enabling innovative, capital-light business models that allow solar PV operators to mitigate curtailment and negative pricing, improving asset profitability.
AI Summary
- •Lunas Energy is offering a 'zero-capex' business model for co-located Battery Energy Storage Systems (BESS) to solar PV plant operators in Spain.
- •This initiative directly addresses the increasing challenges of solar curtailment and negative pricing in the Spanish electricity market.
- •The viability of this 'zero-capex' BESS deployment is attributed to recent significant reductions in BESS capital expenditure.
- •This presents an actionable opportunity for existing solar developers and IPPs to enhance asset revenue and operational efficiency without upfront investment.
Topics
solarstoragefinancing