Energy Storage Financing Is Coming Into Its Own

By [email protected] Energy storage vendors face a challenge familiar to other purveyors of capital-intensive products: Most customers can’t pay cash.

The key to reaching mainstream audiences, then, is to offer financing at a reasonable rate along with the product. Such programs have long been available for cars and houses. They have become mainstream for rooftop solar installations, thanks to services like Mosaic that offer zero-money-down financing online in a matter of minutes. Until very recently, storage didn’t have a similar service to offer.

That’s starting to change. This summer, Advanced Microgrid Solutions and Stem raised big new money for storage project financing —

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