Key Takeaway

• Renewable developers are increasingly pairing utility-scale batteries with their solar and wind projects to ensure uninterrupted delivery of power, enhancing the value of these intermittent clean energy sources.
• Falling costs and improved technology have helped batteries reach a commercial tipping point, increasing their economic viability across many power markets around the world.
• Batteries offer developers and private market investors attractive opportunities to build and invest in global battery assets that can increase clean energy penetration, hedge risks, generate predictable revenue and potentially enhance risk-adjusted returns.