With global energy storage capacity projected to grow 15-fold by 2030, securing project funding remains the make-or-break factor. Did you know that BloombergNEF estimates a $620 billion funding gap for battery storage alone this decade? Why do even viable projects struggle to attract capital despite their critical role in decarbonization?
When EPC project budgets spiral, why does the performance bond cost consistently consume 5-15% of total contract value? A 2023 International Engineering Consortium report reveals 42% of contractors consider bond costs their top financial strain. Let's dissect this $47 billion global industry challenge.
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