From the UK:
“People recognise the benefits of co-located projects”, he said, whether it’s shared infrastructure and grid connections or the gradual increase of revenues and capacity that can be generated from a co-located project, “but I think the actual commercial model is still not very well-understood”.
“There is not really the recognition of having a hybrid asset in itself. The market signals for battery storage are really for standalone projects…because the market is so well-developed.”
“We ask developers to put more effort in when they’re bringing a co-located solar asset to the market – that they don’t give you a ready-to-build solar asset and draw some boxes on it and say it’s a co-located asset. Because you can’t value that.”
AC co-located projects can offer more value than DC, as there is a clearer route to market for ancillary services and corporate power purchase agreements are easier to acquire.