Energy Storage News•16 days ago
US battery storage financing ‘has become more challenging’
Key Takeaway
The increasing difficulty in securing financing for US BESS projects signals potential delays, higher costs, and increased risk for developers and large power consumers relying on these assets.
AI Summary
- •US battery energy storage system (BESS) project financing has become more challenging, according to industry experts.
- •This trend likely translates to higher capital costs and increased risk for BESS projects, potentially impacting project viability and PPA pricing for developers.
- •Large power consumers seeking BESS solutions or stable PPA rates may face longer development timelines and less favorable terms due to financing hurdles.
Topics
storagefinancingpolicyirappa