Why Energy Storage Is Difficult to Raise Funds: Challenges and Creative Solutions

Let’s face it: energy storage projects are like the unsung heroes of the renewable energy revolution. Everyone wants them, but nobody wants to foot the bill. Despite the global push toward decarbonization, raising funds for energy storage remains a steep uphill battle. According to recent data, the global energy storage market is projected to grow tenfold by 2027, reaching over 1,100 GWh in capacity. Yet, many projects stall at the starting line due to financial roadblocks[5]. Why does this happen, and how can we fix it? [2022-03-09 15:42]