Spain's battery window: 2026-2027 before banks enter the scene🔋
Distressed photovoltaics assets that can be turned into a gold mine through optimization, which their owners most likely cannot afford due to low earnings this year. Banks won't be financing the battery technology utility scale in Spain probably until 2027, when revenue streams are clear enough to build their own financial modelling. Contrary to solar panels that have been around for decades and their production and markets were very clear by 2020 onwards, banks don't have the same clarity to evaluate the returns and market participation of batteries to create the debt structure needed for its implementation. Co-location hybrid PV + storage vs Battery BESS Standalone ✅ Advantages of colocation over standalone BESS: • Existing grid connection, permits and land rights • Lower administrative burden • Shared infrastructure reduces CapEx and OpEx • Minimal construction works for a battery container • Industry and political support that translate into facilitation • N...