Financing Plan for 2MW Farm Energy Storage Units

Tags: Financing Plan Farm

4 FAQs about Financing Plan for 2MW Farm Energy Storage Units

What is the farm storage facility loan (FSFL) program?

The Farm Storage Facility Loan (FSFL) Program provides low-interest financing to help producers construct or upgrade farm storage and handling facilities. This program supports the acquisition, construction, and enhancement of storage facilities and equipment to improve on-farm storage capacity and efficiency. Applications are accepted year-round.

When can I apply for a farm storage facility loan?

Applications are accepted year-round. The Farm Storage Facility Loan (FSFL) Program, administered by the Farm Service Agency (FSA), offers financial assistance to eligible producers for constructing or upgrading farm storage and handling facilities.

Does project finance apply to energy storage projects?

The general principles of project finance that apply to the financing of solar and wind projects also apply to energy storage projects. Since the majority of solar projects currently under construction include a storage system, lenders in the project finance markets are willing to finance the construction and cashflows of an energy storage project.

Why do farmers need on-farm storage facilities?

On-farm storage facilities can help farmers succeed financially by giving them greater control over their products and the timing of marketing. USDA's Farm Service Agency (FSA) provides low-interest loans for farmers to build storage units, upgrade and expand existing storage, or purchase mobile storage facilities.

Energy Storage Financing

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Farm Storage Facility Loans

USDA''s Farm Service Agency (FSA) provides low-interest loans for farmers to build storage units, upgrade and expand existing storage, or purchase mobile storage facilities.
View Details
Farm Storage Facility Loan (FSFL) Program

The Farm Storage Facility Loan Program (FSFL) provides low-interest financing so producers can build or upgrade permanent and portable storage facilities and equipment.
View Details