Services > Briefing & Tendering
Briefing & Tendering

Own project scenario

We actively look for new development opportunities. The initial stage of a project is feasibility assessment. Profitability, contractual terms, project country situation and logistics are some of the factors which decide if a development goes ahead. Projects which progress beyond the early elimination stage are subjected to more specific internal financial modelling, design and production which culminate with a draft business plan / project overview document.

Tendering scenario

Another key target area of ours is large international tenders for IPP and EPC developments. The attractiveness of the projects varies greatly according to the tender offer, works requested and country risk. If taken on board, a tender bid (or request for qualification) is prepared and submitted to the relevant authority. We maintain good communication with the tendering organisation, providing any clarifications requested and we follow up on the bid up until the decision date and award of contract.

Services > Financing
Financing

Track record

Our organisation is well connected and has history of cooperation with some of the largest global financing institutions. We are currently enjoying the support of the World Bank for the ongoing Maldives project. Through work on tenders and in different countries, we accumulated significant experience in structuring projects and optimising all key parameters such as equity/debt ratios, debt service coverage, repayment methods and alike.

The company possesses the reputation and the ability to negotiate favourable financing terms with the biggest of lenders. High debt funding percentage, long repayment or grace periods are some of the items we were able to obtain for our projects. In case of Independent Power Producer (IPP) projects, we are also able to advise on PPA terms, insurance and optimal structuring of the project company in different countries with regards to administrative and tax matters.

Additional services

Whether supporting the client in financing a project or obtaining funding for own developments, we utilise a sophisticated financial model which has the flexibility to accommodate for country-specific risk, costs, tariffs, irradiation among others. Undertaking evaluation of financial efficiency of a project and creation of business plans are part of our regular scope of work hence we can also offer expertise and advice in this area.

Services > Development
Development

A photovoltaic power plant is an investment promising sustainable long-term profit. One of the key methods of achieving success is choosing the ideal project site.

In case a client has not yet chosen and secured their project site, we can suggest them a suitable location. With our wide-spread network of subsidiaries and partners, we are able to offer project site services throughout Europe as well as worldwide, taking into account the geographical and economical options as well as the political and legal background.

Project development and planning services we offer:

- PV power plant planning and layout
- Component selection and design
- Other technical services
- Legal support in acquiring the site
- Obtaining construction and grid connection permits
- Securing the Feed-in-Tariff or other subsidies, if applicable
- Project management

The company prepares all required documents in-house. This allows us to respond promptly, and review all planning documents and drawings promptly throughout the entire duration of a project.

Services > Engineering
Engineering

Process & Tools

We offer a broad range of services for all planning phases in order to deliver the optimum PV power plant layout. Planning work for a PV power plant is usually split up in different phases: preliminary layout, modification of layout, detailed layout and adaption during construction. To achieve this goal, our experienced team of project engineers and draftsmen utilises latest software such as AutoCAD Civil 3D, Helios and PVSyst.

Since our partners provide different mounting solutions, a part of the technical design is the selection of the optimal framework with regards to electricity generation and land utilisation. Subject to circumstances, cabling can represent a significant portion of the project cost and we are able to minimise this with appropriate design and positioning of the mounting racks, inverters, switchgear in relation to each other and the grid connection point.

Design Optimisation

The string layout for the PV power plant is defined according to geographical situation and local conditions such as solar irradiation and temperature profile. Furthermore PV modules and inverters are selected so their characteristics maximise performance with the given string layout. In addition, local conditions are considered when selecting a mounting structure as reinforced structures or deeper foundation may be required due to snow and wind loads.

Shading of PV modules and strings decreases overall yield and revenue of ground-mounted as well as roof-mounted PV systems. Therefore, shading-optimised layout is key to economic success of every project. Our team engineers every project using sophisticated analytical methods to ensure shading-optimised layout even on hilly ground. This is done by appropriately partitioning the power plant area and adjusting the distance between each row and area individually while taking shading into account. Following this approach installed power is optimally adapted to fit available PV power plant area while shading-related yield losses are reduced.

Services > O&M
Operation & Maintenance

Following a power plant's Commercial Operation Date, potential clients can benefit from our operation, maintenance, cleaning, and monitoring services for the project on their behalf in order to guarantee a sustainable performance ratio. Using cutting-edge monitoring software, we are able to provide real time remote control of the PV system. For instance, the program is capable of pin-pointing the exact defect / underperforming string and providing data which may enable us to resolve the issue without visiting the site.

In case of failure which cannot be fixed remotely, we have local teams of engineers available to react immediately and correct any relevant problem on site. Through the combination of sophisticated technology, international presence and experience with operation of past projects, our team provides a high level of support and an operation & maintenance contract with us brings any plant downtime to a minimum.

O&M services overview

Plant monitoring
- Continuous remote plant monitoring
- Issuing of operating reports
- Optimization of system operation

Operational management
- Maintenance and failure remedy
- Cleaning of solar panels
- Support on insurance and guarantee matters