Financing Battery Energy Storage for Sustainable
Explore financing options for battery energy storage systems and their role in promoting a sustainable energy future through innovative
Battery energy storage systems can enable EV fast charging build-out in areas with limited power grid capacity, reduce charging and utility costs through peak shaving, and boost energy storage capacity to allow for EV charging in the event of a power grid disruption or outage.
The Charging and Fueling Infrastructure Grant Program provides funding from FY 2022 through 2026 to install EV charging and alternative fuel in locations on public roads, schools, parks, and in publicly accessible parking facilities.
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 senior debt providers are naturally risk averse.
The law also makes the installation of EV charging infrastructure an eligible expense under the USDOT Surface Transportation Block Grant formula program.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Get detailed specifications, case studies, and technical data for our PV container and energy storage solutions.
123 Renewable Energy Street
London EC1A 1BB, United Kingdom
+44 20 7127 4182
Monday - Friday: 8:00 AM - 6:00 PM GMT