The challenges of financing a battery storage project
Many of the unexpected challenges of financing a battery storage project relate to insurance and the difficulty in either securing or renewing policies because so few companies understand the core product – batteries – with sufficient depth.
Because this was such an important topic, the panel which Charley Grimston, Altelium CEO took part in at the Energy Storage Summit in Austin, Texas was the most lively discussion at the event.
Insurance gives the peace of mind investors are looking for, and an A Class warranty is the ‘badge of bankability’, something the audience of developers, financiers, asset owners and OEM was keen to learn about.
If you would like to know more about how our customised battery asset insurance works please get in touch, call +44 (0) 207 293 7070 or email info@altelium.com.
Recent news & events
- World Energy Storage Day
- Cenex Low Carbon Vehicle and Connected Automated Mobility Event
- How active insurance helps the EV market
- The U.S. Inflation Reduction Act
- EV battery data, warranty health for fleet managers
- Aerospace engineer Amy Anderson joins Altelium
- London Climate Action Week
- EV Battery Summit, Rotterdam
- Altelium and MS Amlin partnership provides new battery energy storage insurance solution
- Speed up investment in the energy transition
Journalist Contacts
Nicky Smith
Head of Corporate Communications
Tel: +44 7771 785228
Email: Nicky.Smith@Altelium.com