Energy Storage News•4 months ago
Price falls have enabled ‘zero-capex’ co-located BESS business model in Spain, company says
- •Lunas Energy is offering a 'zero-capex' business model for co-located Battery Energy Storage Systems (BESS) to solar PV plant operators in Spain.
- •This initiative directly addresses the increasing challenges of solar curtailment and negative pricing in the Spanish electricity market.
- •The viability of this 'zero-capex' BESS deployment is attributed to recent significant reductions in BESS capital expenditure.
financing