Solar Power plant – Project Development
Client
A family owned business conglomerate.
Context
The client decided to set up a 20 MW solar PV plant in Rajasthan under the REC mechanism. RESolve’s scope was to assist the client in the concept-to-commissioning of the project.
Action
– Visited to project site and prepared a Detailed Project Report(DPR)
– The DPR included a comprehensive financial model which estimated IRRs for the project under various scenarios(Debt: Equity ratios, interest rates, REC revenue streams, etc)
– Assessment of P50 and P90 for the site based on different solar resource databases
– Did the preliminary engineering and design of the plant through RESolve’s technical partners.
– Evaluated the vendors for different components(modules, inverters, mounting structures and other Balance of system components) and shortlisted them based on technical and commercial considerations.
– Assisted the client in vendor negotiations
– Created a project schedule and assisted the client in project planning and management.
Result
The project is under progress.