pv magazine Webinar | Approaching bankability for grid-scale energy storage

Demand for battery energy storage systems (BESS) is rapidly growing and scaling up supply at such a rate has proved to be a challenge. Beyond raw material shortage, there is another supply chain constraint which has to do with a relatively short list of battery makers trusted by investors.

A small pool of household names means fewer opportunities for utility-scale storage project developers to secure the necessary volume of batteries. Therefore, increasing the number of trusted suppliers is critically important, but making BESS bankable, investable, and insurable is no easy business.

In this pv magazine Webinar, we will examine how BESS manufacturers can best prove to investors and financial backers that their systems will perform or outperform their datasheets. The discussion will be initiated by China-based Gotion, an established player in the electric vehicle sector, which is now making a name for itself in the battery energy storage space.

Devon Wilson, director of business development ESS, is joining us to explain how the company has successfully met the bankability requirements by working with Black & Veatch and boosted its standing in the fast-growing industry. Representing Black & Veatch, one of the world’s most recognized business consultants and quality experts, Ralph Romero, senior managing director, will introduce the company’s bankability program and explain its relevance. Bill Reaugh, MBA principal engineer, VDE Americas, will provide an independent assessment of the bankability program from the perspective of a leading service provider of technical due diligence and engineering services for solar power and energy storage systems.

The attendees will walk away with a better understanding of what bankability for utility-scale energy storage projects is. They will also learn how bankability studies are carried out and reviewed by independent engineers.

pv magazine Webinar content:
o Utility-scale BESS bankability explained
o Introduction to Black and Veatch’s bankability program
o VDE’s independent assessment of the program
o How Gotion is meeting the bankability requirements
o Q&A

Questions can be submitted beforehand in the comments window when registering or in the chat during the live webinar. Marija Maisch, editor at pv magazine Global, will be the moderator of this webinar.

Registration for this pv magazine Webinar is free of charge.