Newer Business Models Will Help Cut Energy Storage Costs

As the markets for energy storage continue to grow and companies in those markets mature, business models and financing mechanisms are getting more attention.

Those models can involve alternatives to a traditional asset sale approach that can reduce the cost of entry for potential customers and lower the cost of capital for energy storage companies.

The trend was highlighted last week when Younicos announced its energy storage rental service. Renting energy storage equipment was an obvious step for Younicos, given that its corporate parent, Aggreko, rents power generation equipment on a global scale.

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