Energy Storage News•6 months ago
US battery storage financing ‘has become more challenging’
- •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.
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