Numerous new innovative financing models are enabling more corporations to take advantage of distributed “behind the meter” energy storage solutions in the same “no money down” third-party ownership structure that helped the residential solar industry grow into a $10 billion industry. And venture capital investors and project financiers are seeing big opportunities in the deployment of distributed energy storage.
Green Charge Networks, Stem, and Coda Energy are among those who raised third-party project finance funds last year to finance no-money down behind-the-meter smart storage projects. These systems use software to manage a company’s peak power, deploying stored energy during peak demand times, in order manage ” demand charges.”
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