Battery storage price falls have 'tremendous impact' on project M&A
BESS price falls have pushed many marginal projects into an internal rate of return (IRR) needed for investment, a US developer said.
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BESS price falls have pushed many marginal projects into an internal rate of return (IRR) needed for investment, a US developer said.
US battery storage project financing have been announced by SMT Energy, UBS, Plus Power, CleanCapital and Available Power this week.
Powin and Linxon have secured battery storage project contracts in ERCOT, Texas, totalling 400MWh and 200MWh respectively.
The massive buildout of battery storage in ERCOT, Texas and market saturation was a big talking point at the Energy Storage Summit USA.
Developer Available Power is focusing on the 'distributed play' of 9.9MW battery storage opportunities in ERCOT, a senior executive said.