• Masthead for the event

ABOUT THE SUMMIT

 

Today’s Best Thinking About Maximizing the Value of the New IRA Incentives for Storage Projects

In structuring and financing energy storage, everything has changed. The enactment of the Inflation Reduction Act (IRA), and its Storage ITC, is projected to drive the development and financing of up to 120 GW of grid-scale storage over the next 10 years. Forecasts also suggest that it will also reduce financing costs for a tremendous additional amount of behind-the-meter storage developed on behalf of corporate, residential and public entities.

All of this, however, requires new development and structuring strategies to capitalize on the tremendous opportunities this incentive regime creates for standalone storage, long-duration storage, and BOT projects. It’s a whole new ballgame—requiring innovative approaches—when developing projects for utilities, munis, CCAs or other public power entities. And fully realizing the financial benefits of IRA incentives to deliver the most profitable, lowest cost storage projects requires successfully leaping a number of formidable hurdles: projects must meet domestic content requirements despite supply shortages, negotiate the vagaries of individual ISO/RTO interconnection processes, understand the unique aspects of each power market, and attract tax equity investors with projects structured to address their risk appetites and concerns in the new era.

Energy Storage Finance & Investment will bring storage developers together with leading tax equity investors, lenders, tax advisors, market analysts and offtakers to develop and discuss the best new thinking on developing and obtaining financing for energy storage projects. They will present the latest information on how to structure standalone FTM, BTM and longer-duration projects to capture the Storage ITC; reduce supply chain cost risk while meeting domestic content requirements; assess the potential revenue streams and interconnection pitfalls in ISO, RTO and bilateral markets; and how the IRA is changing project valuations and exit strategies. Beyond all this, successful storage finance and investment now needs to take into account the ongoing storage boom in ERCOT, the rise of storage as part of trading operations, the demands by corporate offtakers to source clean energy 24/7, and the emergence of longer duration storage technologies.

Attend Energy Storage Finance & Investment 2023 to network with the key developers, financiers and investors driving new strategies and structures to capitalize on the IRA and today’s storage business environment!

65

Expert Speakers

Hear from top industry leaders and market stakeholders

22

Content-Packed Sessions

Gain highly-relevant, exclusive insights and updates

Premier Networking

Connect with key decision makers and get deals done

FEATURED SPEAKERS

 

Ali Amirali Senior Vice President LOTUS INFRASTRUCTURE PARTNERS

Jack Cargas Managing Director, Renewable Energy Finance BANK OF AMERICA

Carol Couch Senior Vice President & Chief Supply Chain and Manufacturing Officer FLUENCE

Matt Cousins Director of Origination EAST POINT ENERGY

Eric De Caluwé Managing Director, Energy Storage, Hydrogen, and Generation ENGIE NORTH AMERICA INC.

Jacqueline DeRosa Vice President, Energy Storage Systems AMERESCO

Dan DeSnyder Vice President, Capital Markets SUNNOVA ENERGY CORPORATION

Mark Frigo Vice President, Energy Storage NEXAMP

Nitish Garg Director of Procurement AVANTUS

Jonathan M. Gross Director, Renewable Energy MONARCH PRIVATE CAPITAL

Leng Lee Co-Founder ATHEVA

Chris McKissack CEO GLIDEPATH

Randolph Mann President ESVOLTA

Hugh McDermott Senior Vice President, Business Development ESS INC.

Daniel Nelson External Tax Contractor AVANTUS

Michael Slattery Chief Financial Officer AGILITAS ENERGY

Tracy Stoddard Vice President, Business Development – North America ACCIONA ENEGY

Curtis VanWalleghem CEO HYDROSTOR

Elizabeth Waters Managing Director MUFG – PROJECT FINANCE, AMERRICAS

Gabe Wapner Vice President, Business Development HECATE GRID

HEAR FROM INDUSTRY LEADERS & EXPERTS

 

  • Acciona Energy, North America
  • Agilitas Energy
  • Ameresco
  • Atheva
  • Avantus
  • Bank of America
  • BDO
  • BloombergNEF
  • Both Supply & Demand LLC
  • Clean Power Alliance (CPA)
  • CoBank
  • Crux Climate, Inc.
  • Davies
  • East Point Energy
  • EnCap Energy Transition
  • Enel North America
  • Energy Vault
  • ENGIE North America Inc.
  • Enverus
  • ESS Inc.
  • esVolta
  • Fluence
  • Fractal EMS Inc.
  • Fractal Energy Storage Consultants
  • GE Energy Financial Services
  • Glidepath
  • Gotion
  • Greenprint Capital Solutions
  • GridStor, LLC
  • Hecate Grid
  • Hydrostor
  • ibV Energy Partners
  • Invinity Energy Systems
  • JP Morgan
  • KeyBanc Capital Markets
  • Lotus Infrastructure Partners
  • Luminate
  • Mission Clean Energy
  • Monarch Private Capital
  • MUFG – Project Finance, Americas
  • Nexamp
  • Norton Rose Fulbright LLP
  • Orennia
  • Orrick
  • Pine Gate Renewables, LLC
  • Q CELLS USA Corp.
  • Rabobank
  • REV Renewables
  • Segue Sustainable Investments
  • Seminole Financial Services
  • Sunnova Energy Corporation
  • Starwood Energy Group Global, Inc.
  • Swell Energy
  • Troutman Pepper
  • Tyba Energy
  • Wells Fargo
  • Zanonenergy

WHO SHOULD ATTEND?

 

  • Renewable and Storage Developers
  • Regulators and Policymakers
  • Utilities
  • Public Power
  • CCAs
  • ISOs/RTOs
  • Financiers
  • Attorneys
  • Consultants
  • Engineers and EPCs
  • Battery and Equipment Vendors
  • Corporate End Users

PAST PARTICIPATING ORGANIZATIONS

 

Renewable & Storage Developers:

  • 174 Power Global
  • Acciona Energy
  • Ameresco
  • Apex Clean Energy
  • Avantus
  • Baywa RE
  • Brookfield Asset Management
  • Clean Horizon Americas
  • Clearway Energy
  • E.ON Climate & Renewables
  • EDF Renewables
  • Enel North America
  • Enera Power
  • ENGIE Storage
  • ESS Inc
  • esVolta
  • Hecate Energy
  • Invenergy LLC
  • Jupiter Power
  • juwi Inc.
  • Kinect Energy
  • MAP Energy
  • MegaWatt Storage Farms
  • NextEra Energy Resources
  • Origis Energy
  • Recurrent Energy
  • Renewable Energy Aggregators
  • Saturn Power Inc.
  • Sonnen
  • Southern Power Company
  • SunPower
  • Sunrun
  • Tenaska
  • Urban Grid Solar Projects, LLC
  • Wärtsilä Energy Storage

Financiers:

  • Alberta Investment Management
  • Corporation
  • Ares Management
  • Chevron Technology Ventures
  • CIT Bank
  • CleanCapital
  • Deutsche Bank
  • Emerging Markets Capital
  • Generate Capital
  • Impax Asset Management
  • ING Capital LLC
  • Macquarie Capital (USA) Inc.
  • MMA Energy Capital
  • MUFG
  • MVP Capital
  • NewCap Partners, Inc.
  • NextPower Capital
  • Prudential Private Capital

Financiers:

  • Rabobank
  • Siemens Financial Services
  • Spinnaker Capital
  • Starwood
  • Sustainable Capital Finance
  • Total Ventures
  • U.S. Bank Community Development
  • Corporation
  • WAPA
  • Wells Fargo Bank

Utilities, Public Power & CCAs:

  • Alameda Municipal Power
  • Avista Utilities
  • Con Edison
  • East Bay Community Energy
  • Exelon
  • Hawaiian Electric
  • ITC Holdings
  • Local Clean Energy Alliance
  • Marin Clean Energy (MCE)
  • National Grid
  • New Hampshire Electric Cooperative,
  • Inc.
  • Peninsula Clean Energy
  • PG&E
  • Renewable Sonoma
  • Roseville Electric
  • SCE
  • SDG&E
  • Silicon Valley Clean Energy
  • Silicon Valley Power
  • SoCalGas
  • Southern California Gas Company
  • Xcel Energy

Law Firms, Consultants and Advisors:

  • Ascend Analytics
  • Bloomberg NEF
  • Customized Energy Solutions
  • DLA Piper LLP (US)
  • DNV GL
  • Fluence Energy, LLC.
  • Fractal Energy Storage Consultants
  • ICF
  • King & Spalding
  • Longitude 122 West, Inc.
  • Luminate, LLC
  • Morgan, Lewis & Bockius LLP
  • Navigant Consulting
  • Nexant, Inc.
  • Norton Rose Fulbright
  • Orrick
  • ScottMadden, Inc.
  • Stem
  • Stoel Rives LLP
  • Troutman Pepper

VENUE

 

Arizona Biltmore, A Waldorf Astoria Resort 2400 E Missouri Avenue Phoenix, Arizona 85016

**WARNING: Please do not book any guest rooms with 3rd Party Housing Companies for this event. Infocast does not partner with outside housing companies, so we advise that you only book guest rooms at the hotel using the details provided above.*

Top

Norton Rose Fulbright US LLP

Website

Norton Rose Fulbright is a global law firm and powerhouse in the project finance market. Its projects group did $211 billion in 448 significant transactions in the last five years. It works in some capacity for most of the major developers who are active in the US market. It is also a prominent thought leader. Its Project Finance NewsWire goes to more than 81,000 people. Issues back 27 years can be found on the firm’s website. Its Currents podcast has had more than 3.2 million downloads in five years. Its periodic live podcasts on topical subjects draw 2,000 to 6,000 people for the live sessions and thousands of downloads for the recordings.

Orennia

Website

Founded in 2021, Orennia is the leading all-in-one platform for accurate data, predictive analytics and actionable insights across the energy transition. Orennia’s platform is relied upon by the most sophisticated investors and developers to make more efficient capital-allocation decisions and maximize returns in the solar, wind, storage, power, RNG, CCUS, clean fuels and hydrogen sectors. The technology that powers Orennia’s platform delivers an unparalleled experience, distilling information into actionable insights to give clients a competitive edge. 

Orrick

Website

Orrick is a leading global law firm advising pioneers in energy transition, energy tech and infrastructure modernization on their ambitious decarbonization projects. With a team of 150+ energy lawyers, we support the entire life cycle of a renewables project, including all aspects of joint ventures and M&A, project finance, project development, procurement and regulatory. In the past two years alone, we have closed 250 transactions involving 135+ GW of solar, storage, wind and offshore wind capacity.

Our top tier tax equity team is at the cutting edge of the market experienced with every structure and complexity. Following the Inflation Reduction Act (IRA), we have advised on one of the first tax equity financings for a standalone battery storage project, the first tax equity investment in carbon capture equipment, the first hydrogen projects taking advantage of expanded tax credits, and dozens of tax credit transfers. Learn more about Orrick’s practice, market insights and client results here.

Atheva

Website

Atheva is the leading partner for clean energy tax transferability. Buyers can reduce tax liabilities while supporting the finance of clean energy projects for sellers. Our managed marketplace and personalized approach allow us to deliver the best match for companies based on their specific needs. We provide an easy, streamlined process from match to close. At Atheva, our focus goes beyond a single transaction; it’s about being a reliable partner to support ongoing project financing. For more information, visit atheva.com

BDO USA, P.C.

Website

At BDO, our purpose is helping people thrive, every day. Together, we are focused on delivering exceptional and sustainable outcomes — for our people, our clients and our communities. Across the U.S., and in over 160 countries through our global organization, BDO professionals provide assurance, tax and advisory services. We offer Clean Tech & Sustainable Finance services to a diverse range of clients across all areas of sustainable investing including how to apply tax credit and incentives to support strategic business objectives – whether seeking financing for innovation, focusing on improving margins or navigating tax credit monetization.

At BDO, we believe that building business sustainably is not just a smart thing to do. It’s the right thing to do.  

Crux Climate

Website

Crux is the ecosystem for developers, tax credit buyers, and financial institutions to transact & manage transferable tax credits. Our network & tools streamline transactions, provide access to a large market, and reduce risk & increase trust.

Davies

Website

What we do.
Davies has turned public affairs into an art. We provide thoughtful strategies, compelling messages and precise tactical execution to overcome controversy and crisis.

We have distinguished ourselves with a nearly flawless record of helping our clients win their most challenging battles, successfully reorienting hundreds of issues that seemed lost or burdened by insurmountable odds.

Davies provides issues management, public affairs, and crisis communication support. We specialize in message creation and grassroots programs that motivate individuals to speak out and take action – influencing regulatory, permitting and political challenges.

Who we are.
Davies is the national public affairs firm of choice for clients who need to win high-stakes, defining issues. Our nearly flawless record for project approvals over 30 years speaks for itself — if you want to win, hire Davies.

You may be facing loud mobilized opposition to your plans, as well as hostile elected officials. We overcome these opposing forces by identifying and activating a motivated and educated crowd in favor of your plans, redefining the issue and moving public opinion.

How we think.
At Davies we are on a continuous quest for the best techniques and approaches, from time-tested to novel and emerging. Over the years we’ve developed unique skill-sets and created proprietary tools to aid us in helping our clients win their battles.

We are not planning on giving you the exact recipe for our success, but we’ll be glad to share with you some of our thinking.

Enverus

Website

Enverus Power & Renewables brings clean, analytics-ready data into an intuitive platform, empowering you to get straight to higher-value analysis and insights. Whether you are seeking historical data to assess the profitability of new power project opportunities, or you are a seasoned power trader utilizing financial hedging instruments, Enverus supplies essential data and analytics for the power and renewables space.

Foss & Company, Inc.

Website

Founded in 1983, Foss & Company is a national tax equity investor and fund sponsor that has deployed nearly $8 billion in tax equity on behalf of insurance, banking, and other large corporate clients into tax credit enhanced transactions including historic rehabilitation projects, renewable energy and advanced energy production facilities. Foss & Company is a full-service advisor with proven expertise navigating the world of tax equity investments. For additional information, visit www.fossandco.com.

Fractal EMS

Website

Fractal EMS is a fully vertical controls platform that includes software, controllers, integration and analytics (with optional monitoring, maintenance and bid optimization). Fractal provides all of the following: 1) controls 2) networking 3) SCADA 4) cybersecurity 5) HMI & historian. Fractal EMS provides full command, control, monitoring and management for a single asset or fleet of assets (located anywhere in the world). Fractal EMS was designed by experienced operators to maximize safety and profitability of storage and hybrid systems. Featuring an in-house team of software developers and cyber security expertise, Fractal EMS has 4 GWh in operation globally and over 13 GWh of awarded projects. Visit the website for more

Fractal Energy Storage Consultants

Website

Fractal Energy Storage Consultants is a specialized energy storage consulting and engineering firm that provides expert financial analysis, owner’s engineering, procurement, due diligence and advisory services for energy storage and hybrid projects. Fractal has unmatched experience with nearly a thousand utility-scale energy storage engagements since 2013. Fractal provides utilities, developers, EPCs and investors, with unbiased and technology agnostic financial, technical and commercial subject matter expertise, enabling a one stop shop with end-to-end services. Visit the website for more information: www.energystorageconsultants.com

Reunion

Website

Reunion’s mission is to accelerate investment into clean energy.

The Inflation Reduction Act has created a simpler way to finance renewable energy projects through the sale of tax credits. Reunion’s marketplace facilitates the purchase and sale of transferable tax credits to support solar, wind, battery, biogas and other clean energy projects.

Reunion works with leading clean energy project developers to easily sell tax credits to a deep pool of buyers. Corporations buy tax credits on the Reunion platform to support clean energy, while generating a compelling financial return. Through standardized due diligence, diversification, and insurance, we ensure that it’s easy and low-risk for corporations to purchase tax credits.

Reunion raised corporate funding from leading renewable energy investors in 2022, and our founding team previously raised over $2B to finance solar energy projects around the world.

Swell Energy

Website

Swell Energy is creating a greater grid for the greater good. The energy management and smart grid solutions provider is accelerating the mass adoption of distributed clean energy technologies by providing homeowners and businesses with financing and VPP programs while partnering with trusted local solar and solar+storage companies for seamless, high-quality installations. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy also delivers resilient VPP networks and grid balancing services to utilities, which are fundamental to our future, carbon-free, distributed renewable energy system.

Troutman Pepper

Website

The energy industry is a key vertical and center of excellence at Troutman Pepper. We have been recognized as a “National Top-Tier” Energy Practice for eight consecutive years and received the 2020 “Law Firm of the Year” distinction for Energy Law in U.S. News – Best Lawyers “Best Law Firms” edition, and our renewable energy practice has won nationwide recognition in the Chambers USA and The Legal 500 guides. We provide top legal advice to independent power producers, developers, lenders, utilities, industrial and government clients in energy-related businesses in the U.S. and internationally. We have extensive transactional, financing and regulatory experience in the electric power (including renewable energy), natural gas and water industries. The firm can bring to bear top transactional and regulatory practitioners in order to maximize the value of transactions in the heavily regulated energy space.

Tyba

Website

Tyba provides end-to-end modeling tools for companies involved with developing, financing, and operating standalone and hybrid storage projects. This includes energy production models for solar, AI/ML based price forecasting and optimization models for storage assets, and bidding algorithms for wholesale power markets. Users can apply these models for a range of applications including to inform daily operations, defend assumptions in project financings, optimize plant design and system sizing, and determine valuable locations to site a project.

Qcells

Website

Qcells USA Corp. develops, invests, and delivers photovoltaic (PV) and energy storage system (ESS) projects through Development and Engineering, Procurement, and Construction (EPC) solutions in North America. The company brings a decade of global leadership in solar PV to deliver utility-scale power generation plants customized for local and regional energy markets.

It is an affiliate of Qcells Co., Ltd., one of the world’s largest and most recognized photovoltaic manufacturers for its high-performance, high-quality solar modules. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ). QCELLS USA is a flagship company of Hanwha Group, a FORTUNE Global 500 firm, and a Top 7 business enterprise in South Korea. Qcells USA offers the full spectrum of PV solutions from the core technology of modules to utility-scale project development and investment. For more information, visit www.QcellsUSA.com and on LinkedIn.

Fluence Energy

Website

Fluence is enabling the global clean energy transition with market-leading energy storage products and services, and cloud-based software for renewables and storage assets.

Our mission is to create a more sustainable future by transforming the way we power our world. We believe in solving problems, building lasting partnerships with our customers, and the importance of the entire power ecosystem in forging a path to making a sustainable future certain.

Energy storage and digitalization is critical to this transformation, yet today the market is fragmented and customers face the challenge of finding a trusted technology partner amidst conflicting technical claims, inexperienced vendors and installers, and new market entrants with limited power sector knowledge.

Fluence brings proven energy storage products and services, and digital applications for renewables and storage to support the modernization of our energy networks. We are the partner that can deliver at a global scale with the most experienced and knowledgeable team in the world.

JinkoSolar

Website

Founded in 2006, Jinko is a NYSE-listed global manufacturing leader in PV modules and energy storage. Jinko sells to utility, C&I, and residential customers in 160 countries and is the first module supplier to deliver 100 GW and 200 GW. This includes more than 28 GW in the U.S., where Jinko sells award-winning EAGLE® branded products and services. Jinko is an R&D leader and one of the largest solar patent holders. Vetted by labs, monitored by auditors, and favored by financiers, Jinko is among the most chosen in non-recourse debt financed solar projects. Jinko has one of the largest global vertically integrated supply chains, including a 6-year-old factory in Florida, which employs 600 Americans. The company is a UN Global Compact signatory, the first PV player to join the RE100, and the first PV company to have its net zero goals approved by the Science Based Targets initiative (SBTi). Jinko also manages EAGLE® Preserve, a takeback and recycling stewardship program in the U.S.

Luminate

Website

Luminate is a leader in renewable and thermal generation, and covers commercial and next generation technologies in solar, wind, and storage, among others. Our experience is renewables alone is extensive, comprising over 50 GW of generation ranging from distributed to the world’s largest utility-scale projects. We are at the forefront of the rapidly growing energy storage industry, providing comprehensive advisory and independent engineering services, including on some of the world’s largest projects. Our team is led by authorities in energy research, development, resource and energy projections, and power project finance. We provide the full complement of resource consulting, performance modeling, and independent engineering services seamlessly in-house.

PowerDev

Website

PowerDev allows renewable energy contenders to make decisive and sustainable battery storage investments. The predictive web-based SaaS platform harnesses historical and real-time fragmented big data in ever-changing power market conditions to run multi-dimensional models for swift and continuous decision-making.

Rosendin

Website

Rosendin Renewable Energy Group brings its experience and capabilities as a diversied union electrical contractor to its role as an established full-service solar EPC. Having installed over 5GW of solar across the US, utilizing various technologies across rooftop, canopy, and ground-mount installations. The RREG also provides in-house design-build solutions for MV collection systems, turnkey substations, transmission installations, and battery storage systems for all types of renewable energy projects.

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