In this fact sheet from Better Buildings, review six steps that introduce organizations to a general process to contextualize the many different financing options, ultimately facilitating an informed selection of financing mechanisms. Accelerated by DOE initiatives, multiple tax credits under the Bipartisan Infrastructure Law and. . By Rick Labrecque, Vice President – Interconnection & Utility Affairs at Agilitas Energy The U. battery storage sector is on a remarkable trajectory. 3 gigawatts (GW) of new utility-scale capacity was added in 2024, the U. : Allocates trillions of dollars for state and municipal smart grid and energy storage projects, providing grants and low-interest loans to stimulate private sector investments. Performance-Based Contracts Performance-based models, such as. . Additionally, BESS can provide benefits such as creating contingency reserves, network upgrade deferral opportunities, fixed/variable charge reduction, etc. As per the International Energy Agency. . Project Financing (The Classic Hustle) Think of this as the mortgage of the energy world. In 2023 alone, project financing for storage jumped 78% globally according. . Private Capital for $100M+ Projects. Combine Debt, Equity, and Incentives:. .
