Moody’s says project finance getting more viable for energy storage

Moody’s says project finance getting more viable for energy storage

Moody’s Investors Service says that despite some of their unique characteristics, storage projects present risks that are “broadly akin” to many of the risks associated with financing a conventional power project. This means storage is increasingly emerging as a project finance opportunity.

Storage also is enjoying regulatory support from several states, including California, Massachusetts, New York and Hawaii, which the report says will help drive nine-fold growth in energy storage from 2017 to 2022.

Read the full analysis at Utility Dive.

Learn more about our Baja Mexico-based Project and Sacaton Energy Storage Project.

 

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