
Siemens Financial Insight Center
Emerging trends, original points of view and cutting edge research on how financial services is leading change in today's diverse and digitally driven markets.
Battery storage systems have become an essential component of renewable energy infrastructure as the world seeks to transition away from fossil fuels. It helps to ensure a reliable and consistent supply of electricity, especially in areas where renewable energy sources like wind and solar are prevalent. Many states are turning to clean energy as a critical step to decarbonizing the transportation and power sectors, which are responsible for 55% of greenhouse gas emissions in the United States.
Siemens Financial Services (SFS) is at the forefront of financing battery storage projects, having financed 2,100 MW / 5,411 MWh of standalone battery storage in the Americas in recent years, along with additional capacity as part of solar plus storage projects. Most recently, SFS helped various customers including EnerSmart, Javits Center, Clearway Energy Group, and others achieve their goals.
EnerSmart is developing intelligent energy storage systems that use predictive analytics and big data to make the electric grid more reliable. The San Diego-based company required financing to provide critical battery infrastructure for energy storage in the San Diego area. SFS and the North American Development Bank (NADBank) provided a $78.2 million loan facility to finance the development and operation of EnerSmart's utility-scale energy storage projects. The portfolio will be capable of storing up to 330 MWh of electricity, the equivalent of supplying 110,000 customers for up to two hours. The projects will help integrate electricity generated by intermittent renewable energy sources such as wind and solar, displacing carbon emissions.
我们很高兴与 Siemens 和 NADBank 合作进行这项创新项目融资,这将有助于实现圣地亚哥社区零碳可再生能源的持续增长和推广。
Clearway is developing two utility-scale solar and storage projects in Riverside County, California, on U.S. Bureau of Land Management land. The projects will have a combined capacity of 463 MW of clean energy capacity and 186 MW of battery storage, which is enough to power 132,000 homes annually. SFS is among a club of lenders that committed approximately $1 billion to the development of the two solar plus battery storage facilities.
我们感谢合作银行的信任和支持,共同组成了 Clearway 历史上最大的建筑融资机构之一。如此规模的可再生能源项目资本筹集,以及像 Clearway 这样的领先开发商落实此类项目的能力,将成为美国实现能源转型目标的差异化因素。
In addition to EnerSmart and Clearway, Aypa Power is another company using battery storage systems to accelerate the adoption of renewable energy. As Lead Arrangers, SFS, along with CIT, a division of First Citizens Bank, has closed an $84.5 million project financing for Aypa Power’s Wolf Tank energy storage project in Texas. Wolf Tank is a 173 megawatt-hour standalone battery storage project that will begin commercial operations in 2023.
电池储能是发电结构中越来越重要的组成部分,它使可再生能源发电进一步整合到电网中,确保了可靠的电力流动。我们感谢 CIT 和 Siemens 在安排 Wolf Tank 项目融资方面给予支持、快速做出响应和贡献专业知识。
Plus Power combines data-driven algorithms with standalone energy storage to address grid congestion and wholesale market volatility. They announced completion of $1.8 billion in new financing and SFS served as Joint Lead Arranger for five new standalone battery energy storage projects totaling 1,040 MW of capacity across Texas and Arizona to help stabilize the U.S. electrical grid while incorporating solar and wind energy.
Similarly, SFS participated as a Joint Lead Arranger, along with BankUnited, N.A., in the financing of two Jupiter Power standalone battery energy storage projects in Texas totaling 160 MW.
这笔资金将用于支持美国规模最大、最多样化的独立储能项目组合的持续扩展。这种规模凸显了我们在将高质量项目推向市场方面的先发优势,以及我们优秀的团队所完成的出色工作。我们非常重视我们的融资合作伙伴,他们为我们在美国各地的广泛投资组合的建设和运营提供支持,从而实现脱碳和向更高效的电网转型。
Renewable energy integration by the C&I (commercial and industrial) and MUSH (municipalities, universities, schools, and hospitals) markets is hindered by the high up-front capital requirement associated with purchasing renewable energy infrastructure. To combat this, SFS committed $35 million to support Madison Energy Investments' portfolio of distributed solar and solar plus storage projects, representing over 200MW generating capacity in the U.S. primarily for these markets, using an Energy-as-a-Service (EaaS) model. The EaaS model gives customers access to environmentally friendly, reliable, on-site energy solutions with zero upfront capital required and predictable energy costs.
我们认识到关键基础设施对塑造我们的可持续未来至关重要。有了这笔债务融资,我们有望交付开创性项目,并在为子孙后代建设一个更清洁、更具复原力的世界方面发挥至关重要的作用。
Finally, the Javits Center is a great example of how battery storage can reduce energy costs and help meet aggressive solar and energy-storage targets. SFS provided debt financing to the Javits Center via its investment in Calibrant Energy*, helping them manage new energy technology through reduced costs in the form of lower $/kWh. The project includes nearly 2,500 solar panels and a 3.5-megawatt battery. The battery will allow excess generation from Manhattan's largest rooftop solar array to be stored for use during times of peak power demand, reducing energy costs and helping New York State meet its aggressive solar and energy-storage targets.
我们的绿色屋顶已成为整个帝国大厦建筑可持续发展的典范,我们很荣幸能与纽约电力局合作,进一步扩大我们的环境影响。30 多年来,Javits Center 一直是纽约的经济引擎,但通过这个项目,我们可以继续巩固我们作为环境灯塔的声誉,为全国其他场所提供灵感。
Energy storage complements intermittent variable energy resources by absorbing excess clean renewable energy and releasing that stored energy when needed to support and sustain grid reliability. SFS is proud to finance battery storage systems for renewable energy infrastructure projects, contributing to a more sustainable world and helping to pave the way to a net-zero future.
*As of August 2024, Siemens Industry, Inc. and Siemens Financial Services, Inc. no longer maintain an ownership interest in Calibrant Energy. All parties, however, continue to collaborate, seek, and provide solutions to facilitate the energy transition.

Emerging trends, original points of view and cutting edge research on how financial services is leading change in today's diverse and digitally driven markets.