Overview How It Works For Operators EPC & Warranty Government Programs OEM Partners For Engineers Contact
THIRD-PARTY BESS PERFORMANCE CERTIFICATION

No one verifies the battery after the money moves.

Lenders fund on a one-time IE snapshot, then go blind. Governments deploy billions in battery subsidies with no way to verify performance. BatteryPassport closes the gap.

Published methodology
Ed25519 cryptographic signing
10-check physics validation
3D render of a utility-scale battery energy storage system
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Project Finance Lender BESS Operator EPC Contractor Government Program Administrator Battery OEM Engineering Designer Insurance Underwriter
Built for utility-scale BESS operators, project finance lenders, and government programs

BatteryPassport

A certification report your lender can hold in their hands. Not a dashboard. Not a data feed. A third-party certification with the specificity to change financing terms.

BatteryPassport
Quarterly Performance Certificate
Asset: 25 MW / 100 MWh LFP   |   Q1 2027   |   Report #SG-0047
Certification Status
VERIFIED
Capacity
98.2%
of nameplate
Degradation
0.8%
/yr (within spec)
Availability
99.1%
event response
DSCR Impact
1.32x
verified P75
Included in this report
Degradation curve vs manufacturer spec
Capacity verification (actual vs nameplate)
Revenue verification by stream
Warranty compliance status
 
Remaining economic life (P50/P90)
Augmentation timeline forecast
Anomaly flags & data quality
Tamper-evident audit trail
Digitally signed   |   Independently auditable   |   Tamper-evident
SYNTHGRID LABS INC.

Every stakeholder has the same blind spot.

PROJECT FINANCE LENDERS
"Our $20M is in the ground and we're trusting a spreadsheet."
After the IE snapshot, you have no third-party visibility into asset performance. The operator self-reports quarterly. BatteryPassport gives you continuous, verified data for covenant compliance.
Talk to us →
OPERATORS & DEVELOPERS
"My capital is locked because I can't prove performance."
Your battery works. You know it. But "trust me" isn't bankable. Your lender wants third-party verification and you don't have it. Refinancing stalls. Your next project waits.
Certify your asset →
EPC CONTRACTORS
"We're spending $500K on a dispute with no neutral data."
Was it the installation, the cells, or the software? Nobody knows - because nobody has third-party performance records. You're paying lawyers to argue opinions, not facts.
Get dispute evidence →
INSURANCE UNDERWRITERS
"We're pricing policies on manufacturer specs, not field data."
You need a performance dataset for accurate policy pricing, not OEM projections. BatteryPassport provides continuous anomaly detection and verified degradation data from the field.
Learn more →
BATTERY MANUFACTURERS
"We lose bids to CATL on brand alone."
Your cells are the same chemistry. Your lender terms are worse - because you have zero track record. Third-party verified field data closes the credibility gap that brand can't.
Bundle certification →
GOVERNMENT PROGRAMS
"We fund 80% of the battery. We can't verify it works."
Billions in BESS subsidies deployed globally with performance clawback provisions but no independent verification mechanism. BatteryPassport is the accountability layer these programs need.
Learn more →

The verification gap costs you money.

You know the post-close blind spot exists. You compensate with conservative assumptions across every deal parameter. BatteryPassport replaces that uncertainty with continuous, third-party verified data.

1.35x -> 1.20x
DSCR Requirement
Verified performance data justifies lower coverage ratios. Conservative assumptions compensate for what you can't see.
25-50 bps
Spread Improvement
Continuous verification reduces the uncertainty premium. Solar monitoring saw 40-60 bps improvement when third-party data became standard.
6.5:1 ROI
Developer Return
$40K/year certification cost vs ~$260K/year in improved financing terms. The developer pays. The math works at 25 bps and above.

BatteryPassport reports are delivered monthly, quarterly, and annually - matching your existing covenant compliance cadence. Degradation curves, capacity verification, revenue verification by stream, remaining economic life estimates.

Financing impact estimates above are modeled from a 50 MW / 200 MWh worked example (50 bps base case). Actual improvement depends on deal structure, lender, and market. Solar monitoring precedent: 40-60 bps improvement as third-party data became standard (2015-2018). Full sensitivity analysis in our published methodology.

Talk to Us About Covenant Integration

You're funding batteries you can't verify.

Billions in BESS subsidies deployed globally with performance clawback provisions but no independent verification mechanism to enforce them. BatteryPassport is the accountability layer these programs need.

$15B+/yr
Global BESS Incentive Spend
Australia ($7.2B, 2M batteries by 2030), US (30-70% ITC across 48 VPP programs), Germany (2M systems, 22 GWh), Saudi Arabia ($34B clean energy). None currently use independent third-party verification.
85 / 85
BC Hydro ESI Threshold
80% subsidy coverage. 10-year demand flexibility commitment. 85% of nominated capacity for 85% of events. 10% incentive clawback for underperformance. No independent way to verify individual asset performance.
0
Programs With Verification
No BESS-specific M&V standard exists. IPMVP covers lighting and HVAC, not storage. Every program improvises. BatteryPassport provides configurable program thresholds, automatic compliance status, and early warning when degradation trends toward breach.

A government mandate is structural demand - it eliminates the adverse selection problem where only good operators volunteer for verification. When the program requires it, every subsidized asset gets certified. BatteryPassport is designed for this.

See Government Program Details Discuss Program Integration

What SynthGrid does not solve.

Performance uncertainty is one component of BESS financing friction - but not the only one.

What we address
Performance verification - can this asset physically deliver what the financial model assumes? Degradation tracking, capacity verification, revenue verification by stream, remaining economic life estimates. That claim is narrow but defensible.
What we do not address
Revenue certainty (ISO market volatility), counterparty risk, regulatory risk, and collateral structure are all significant financing barriers. These are real. They are outside our scope.
BUSINESS MODEL

The developer pays. The lender requires it.

Same dynamic as credit ratings - the issuer pays Moody's because investors require it. Published methodology. No proprietary black boxes.

Conflict of interest disclosure: The issuer-pays model creates the same structural conflict as credit rating agencies. Mitigations: published methodology (proprietary methodology = zero institutional trust), lender as decision-maker (the developer can't choose a more favorable certifier if the lender specifies SynthGrid), and long-term transition to lender-pays once track record is established.

Get your first BatteryPassport.

Whether you need dispute evidence, certification for financing, or compliance verification for a government program, the first step is a conversation.