Talking New Energy
Talking New Energy
LCP Delta
246. Can merchant batteries make solar PPAs work again? Insights from Alight
35 minutes Posted Jun 30, 2026 at 9:10 am.
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Show notes
In this episode, Tom Smout speak to Johan Hernström, Head of Revenue at Alight, about why the traditional solar business model is changing and how combining solar, battery storage and innovative PPA structures could create a more resilient path forward.
As capture rates decline, negative pricing increases and balancing costs rise, renewable developers are being forced to rethink how projects are financed and operated. Johan explains why Alight is pairing PPA-backed solar with merchant battery storage, how this approach is changing relationships with lenders and off-takers, and what it means for the future of independent power producers.