LAKEWOOD, Ohio, April 29 -- The Institute for Energy Economics and Financial Analysis issued the following news release:

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Standalone energy storage systems account for 64% of utility-scale tendering activity in first quarter of 2025

Key Takeaways:

Tenders supported by Viability Gap Funding (VGF) demonstrate significantly improved viability, with tariffs approximately 40% lower than non-VGF projects for two-hour storage durations.