The EU and US now require more stringent due diligence and transparency requirements to companies that operate or sell in their markets, leveraging greater disclosure on environmental and human rights risks around the
Introduction Driven by the global energy transformation and carbon neutrality goals, the energy storage industry is experiencing explosive growth, but it is also facing
The EU''s decision to delay the enforcement of battery due diligence rules to 2027 provides breathing space—but not a buffer for late action. BESS companies must treat
This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
The EU and US now require more stringent due diligence and transparency requirements to companies that operate or sell in their markets, leveraging greater disclosure on environmental
Strategic due diligence is the process of probing, pinpointing, and prioritizing the key issues that afect a potential acquisition target. It connects to other acquisition phases such as target
Project Financing and Energy Storage: Risks and As a result, a primary focus for lenders in their due diligence of an energy storage project will be on technology risks. Much of the
Tax credit transference measures introduced under the IRA have led to billions of dollars of new investment in solar and other clean energy projects.
This is the first piece in a 3-part series exploring key due diligence considerations for proven renewable energy and adjacent technologies, representing the
While lenders may need to undertake additional diligence before financing an energy storage project, the project finance market for energy storage has grown, and is expected to continue to grow, alongside
This article focuses on buyer due diligence considerations in connection with the purchase of the two most commonly transacted clean energy credits – PTCs and ITCs – and discusses these
Why is battery storage land due diligence important? It is essential for preventing expensive setbacks and legal issues throughout the lifecycle of the project, ensuring that the selected location is appropriate
Additional complexities arise from effectively managing resources within their energy storage systems. Customers attempting to optimize performance must address
Certain Risks May Impact the Decision to Proceed with the Transaction By M&A Leadership Council During an M&A due diligence process, certain red flags might indicate risks or problems that could
Learn about the most significant legal and business due diligence activities the buyer will undertake in a typical M&A transaction involving a privately held company.
Learn everything about red flag due diligence in this comprehensive guide. Discover common red flags, how to identify risks, and strategies to mitigate them effectively.
DUE DILIGENCE M&A ADVISORY Fractal is a specialized energy storage and renewable energy consulting and engineering firm that provides expert evaluation, technical design, financial analysis and independent
Fractal provides energy storage project due diligence on projects, portfolios and companies for finance, tax equity or investment purposes. Fractal reviews the technical design, financial
Companies must implement a due diligence policy that complies with international standards, such as the OECD Guidelines for Multinational Enterprises. The policy must cover environmental and social
Investing in a renewable energy project presents an exciting opportunity – but it also involves navigating a web of legal and regulatory complexities. Thorough due diligence is critical to uncover potential risks,
Learn everything about environmental due diligence in this comprehensive guide: its importance, steps, key risks, and best practices for compliance and risk mitigation.
Develop a Due Diligence Policy: The first step is to formulate a policy that delineates the procedures and actions your energy company will undertake to mitigate supply chain risks.
This report provides an overview of the emerging due diligence obligations and ensuing recommended changes to common current due diligence practices of Drive Sustainability
Battery energy storage systems (BESS) enhance solar and wind energy projects, but the permitting process is arduous due to the technology''s novelty.
Due diligence is at the heart of the new rules. Companies placing batteries on the EU market, including EV batteries, will need to undertake due diligence on the sourcing, processing and
Due diligence • Environmental, health and safety solutions • ESG, energy and sustainability solutions • Building and site investigation, hazardous waste remediation • Project management and engineering •
As storage systems begin providing a diverse set of critical grid services, the need for technical due diligence to evaluate technology, finance and develop projects and portfolios and
To ensure that corporate due diligence systems identify risks associated with minerals from high-risk areas, the requirements of the OECD Due Diligence Guidance have been implemented
The EU Batery Regulation contains articles about the restriction of substances, carbon footprint, recycled content, batery performance and durability, removability, safety of stationary batery
In Kumi''s work developing the implementation guidelines for the EU Batteries Regulation (EUBR) on behalf of the European Commission, we have found that many businesses have questions
An outline for the buyer''s counsel of questions to ask and issues to consider when conducting corporate due diligence in private mergers and acquisitions (M&A) involving a midstream business
Technology Risks Lithium-ion batteries remain the most widespread technology used in energy storage systems, but energy storage systems also use hydrogen, compressed air, and other battery technologies. Project finance lenders view all of these newer technologies as having increased risk due to a lack of historical data.
The rapid growth in the energy storage market is similarly driving demand for project financing. The general principles of project finance that apply to the financing of solar and wind projects also apply to energy storage projects.
However, with the passage of the Inflation Reduction Act of 2022, tax credits are now available for standalone energy storage systems, and thus lenders may be willing to provide bridge capital that is underwritten based on the receipt of proceeds from an anticipated tax equity investment, similar to renewable energy projects.