Financing structure
A typical structure involves a special purpose vehicle, project debt with a 10–15 year tenor, and contracted revenue covering a minimum DSCR (debt service coverage ratio) of 1.25. Banks discount merchant revenue conservatively.
What the bank expects from the supplier
- 10-year / 70% state-of-health (SOH) capacity guarantee, confirmed by a capacity test
- System availability guarantee of 97–98%
- LTSA (long-term service agreement) for 10–20 years with defined response times
- Cell manufacturer volume track record and bankability report
- Performance bond equal to 10% of the contract value
Public support
For the industrial segment, investment programs are available to support storage systems paired with renewables and to improve energy efficiency. Scope and budgets change annually — we verify them at the offer stage.