Technical Due Diligence Solar Energy: Contact Rasa Krutulyte-Ørsted Chief Project Manager M +45 5161 4970
Technical Due Diligence Solar Energy: Contact Rasa Krutulyte-Ørsted Chief Project Manager M +45 5161 4970
Technical Due Diligence Solar Energy: Contact Rasa Krutulyte-Ørsted Chief Project Manager M +45 5161 4970
SOLAR ENERGY
Our due diligence process focuses • Review of design, technology and solar PV plant development
on the interaction between engineering, and grid connection stage, whether it is in pre-
commercial and technical risks. • On-site inspections are conducted construction, under-construction or
We rely on the experience of our in order to assess technology in-operation.
interdisciplinary specialists within health
power plant engineering to provide • Site suitability review: Geographic
our clients with technical and information mapping, e.g. roads,
strategic recommendations, forest, soil, slope, solar irradiance
third party evaluations, and advice for • Review of contracts - EPC, O&M,
investment optimisation. PPA, TCA and PSA
• Review of permits &
We support banks, financial environmental/social impacts to
institutions and private equity firms ensure compliance with regulatory
with reviewing solar PV plants guidelines and lenders standards
which are in pre-construction, (IFC PS)
under-construction or in-operation. • Economical benchmarking with
We identify potential “red flags” similar projects in the market
that would prevent an investment in (benchmark of CAPEX, OPEX)
unreliable assets or predict financial • Present findings in a “Red flag”
losses during the operation period. report, highlighting risks and risk
Our due diligence services include mitigations where feasible to be
the following: implemented.
• Gap Analysis identifying if all CONTACT
Rasa Krutulyte–Ørsted
required documents are available The review of project specific
Chief Project Manager
• Review documentation of studies documentation follows various M +45 5161 4970
and assessments (e.g. geotechnical phases and levels of details, [email protected]
surveys, as-build documentation) depending on the needs of the client https://ramboll.com/energy
Environment & Permits Solar Ressource & Site Layout and economic indicators on the
The analysis of permits in relation to Ramboll provides energy yield project, to provide the client with
their impact on design, construction assessments and operational a proof on its bankability and to
and operation of solar projects is performance review in compliance assess the benefits of the financial
the backbone of a technical due with international standards. investment for owners and lenders.
diligence. Ramboll will assess whether Profound knowledge of preparing Our services include:
the solar PV site is in compliance with such assessments is the key requisite • CAPEX/OPEX evaluation
the regulations and what would be to analyse energy yield assessments • O&M cost modelling
the cost to resolve noncompliance by third parties. The solar team • Cash flow modelling
issues so the buyer can start the provides a recommendation of • Company evaluations
negotiation. energy yield including P50, P75, P90
confidence. The following review will Our combined expertise in solar
We provide reviews of: be provided as part of DD: energy, environment & health, and
• Permits & license status • Energy yield reports management consulting enables us
• Environmental regulatory • Solar measurements to provide a broad range of services
compliance issues • Operational performance review that bring value to our clients.
• Process Safety issues based on SCADA data (for sites in
• Health & Safety regulatory operations)
compliance issues
• Waste management On-site inspections
• Known and potential areas of Ramboll provides inspections of
concern and overall risk of soil or assets under-construction and
groundwater contamination in-operation. Our assessment of
operating assets includes:
Ramboll proposes to visit the site to • Visual check of key components
gain a visual understanding of the (mounting structure, PV modules,
physical setting of the site. Inverters, AC, DC cables, etc.)
• Execution of measurements (to
Contracts identify damaged PV modules,
Our technical experts’ experience distance between modules, module
in review and negotiation of project angles, voltage & current via PV
agreements enables us to validate inverters)
all relevant aspects of contracts
to perform gap analysis and to Ramboll also provides site suitability
benchmark project agreements. review. It includes geographic
information mapping review
Examples of agreements to be like location ground, natural risk
reviewed: assessment, shadow assessments,
• Land lease agreements track of grid connection lines, solar
• EPC agreements irradiance assessment review.
• Solar components supply
agreements, warranty terms Economics
• O&M contracts Based on the energy yield
• Insurance polices estimations and the plant design,
• Grid connection agreements Ramboll will evaluate key financial