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BESS isn’t just an industry—it’s a revolution. It’s clean energy at its most flexible, solving today’s challenges while paving the way for tomorrow’s innovations. It’s the rare combination of rapid growth, reliable returns, and lasting impact.
What is The Hive?
Consider RenewBee’s Hive as your dedicated online account control, offering you a convenient platform to assess the impact, productivity, and financial returns of your PowerPacks. Your PowerPacks generate valuable data regarding their electricity production, and we utilize The Hive to provide you with easy access to this information. With RenewBee, there's no need to be uncertain about your contributions; you'll have the assurance of knowing the real impact you're making.
What kind of financial return will I earn?
Your RenewBee PowerPacks for our BESS projects, generate revenue from the Frequency Regulation Market (Grid Balancing) and arbitrage. While they don’t rely on solar panels, their earnings depend on how effectively energy is stored and utilised. Your PowerPacks' earnings are disbursed to you as monthly cash revenue payments. Several factors can influence your earnings. For example, high electricity demand during peak times can lead to increased revenue, while low demand or cheaper energy prices may result in lower earnings.
The projected returns are between 20%-36% per annum.
It's crucial to carefully examine the documentation related to each RenewBee project before purchasing RenewBee PowerPacks to comprehend the potential risks and rewards.
How will I know what my PowerPacks will be worth if I want to sell them?
The resell value of your PowerPacks will depend on many factors, the main one being the age of the PowerPacks. Every PowerPack is installed brand new after purchase.
