Energy Storage Finance & Investment

A year and a half into the IRA, both project finance and portfolio/platform-level investments for storage are booming. Projections suggest that more than 120 GW of storage in the US will need to be developed by 2032, requiring $200-$250 billion in capital. The CPUC alone is planning to add around 19 GW of new storage to the CA grid by 2035 – a huge lift. While this represents an enormous growth opportunity for the storage community and its stakeholders, only…...