Younicos announced that it is launching a new “Energy-Storage-as-a-Service” rental offering, which allows customers to meet immediate storage requirements and tap into multiple opportunities in fast-evolving markets – without risk or long-term capital commitment.
As part of the new service, customers can choose from a range of containerized solutions, which will be shipped to their site and operated by Younicos.
“This unique offering combines our strengths as an energy storage pioneer with those of our parent, Aggreko,” said Dan Ibbetson, Managing Director Global Solutions at Aggreko. “More than just a financing tool, our model is a full-service option for those in need of intelligent energy storage. It allows our customers to benefit from the speed, flexibility, and versatility of our industry-leading battery solutions, without having to make a long-term commitment.”
Younicos is initially offering rental contracts with a 2 to 4-year minimum duration, but will make available multi-month contracts beginning in 2019. Customers will pay a rental fee, as well as mobilization and de-mobilization charges, but will incur no other costs, or risks, to meet their storage requirements.
“This offer is straightforward: zero-asset investment and no need for long-term commitment for 100% storage. Our users will be able to choose from a range of pre-defined solutions tailored to their specific needs – and based on our 10+ years of global experience,” said Alexander Schönfeldt, Head of EMEA Sales for Younicos. “Whether it’s a developer who wants to tap into balancing market opportunities, or to bridge some time before a larger grid connection can be made, or to simply see what batteries can do before making a commitment, we believe that this offering extends the benefits of energy storage to a new segment of customers who, for one reason or another, value financial flexibility.”
“We know from over 220-MW deployed globally what our systems can do, and the performance benefits are undeniable,” added Schönfeldt. “With storage-as-a-service, energy users no longer need to buy to gain this capability, but can simply rent the kind of energy storage that they need. At the same time, we’re able to offer attractive terms because we can depreciate the asset over multiple deployments.”
Younicos energy-storage-as-a-service systems are now available globally.