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The Bankability of Energy Storage Technology

August 23, 2017

Storage has long been hailed as the holy grail of the renewable energy market, as it allows for a greater integration of technologies like solar PV and wind into the electrical grid. So, a lot of people have asked why energy storage hasn’t taken off in a more substantial fashion and at a more rapid pace, and many would agree that one of the issues is the bankability of energy storage technology.

“Bankability” is a term used in the renewable energy world to describe the likelihood that any particular technology or manufacturer will be funded by financiers.

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