Advisory Services

Wind Prospect has nearly two decades worth of first-hand involvement in the full renewable energy project lifecycle – development, engineering, construction and operation, which gives us a depth and breadth of expertise that allows us to offer a most comprehensive advisory service to our clients. Our knowledge is instrumental in identifying, assessing, quantifying and reducing risks associated with wind and solar projects. Wind Prospect has serviced developers, manufacturers, banks and investors and enabled them to achieve the highest return on investment.

Wind Prospect offers commercial and industry advice, feasibility studies, negotiations of agreements (Supply & Install, EPC, Grid Connection, O&M etc), due diligence services as well as special consultancies in all phases of project evolution.

Our Advisory Services team consists of industry expert from across Wind Prospect, who are available to work on projects worldwide, for the following services: 

Wind resource assessment

Turbine procurement

Due diligence

Operation audits

General consultancy

Feasibility studies

Solar resource assessment

 

Wind resource assessment

Obtaining an accurate wind resource assessment is crucial to the long-term profitability of a wind farm project. The wind speed and design of the turbine layout is key to the long-term viability and profitability of a wind farm project. Careful measurement of the wind speed at the site is analysed by our wind resource team, and used to model the wind flow across the entire project area. This can then be used to optimise the design of the wind farm and choice of turbine, and produce bankable P50 and P90 yield predictions.

Our highly skilled wind resource team has assessed the wind energy resource and site conditions worldwide. We have specialists in WindPro, WindFarmer, WAsP and CFD. 

In addition to our wind resource assessments, our wind resource team offers site conditions assessments and general wind service consultancy. We also provide measurement campaign management, assisting clients in the installation and monitoring of meteorological masts, Lidar and Sodar units. Our highly trained experts are available to ensure that any wind measurement campaign is performed to industry standards and that the wind data from the monitoring station is bankable and reliable.

 

Turbine procurement

Turbine procurement can be a complicated process. Whether you are new to the market or an experienced negotiator, the technical input provided by Wind Prospect, combined with our knowledge of building and operating wind farms is invaluable. This enables Wind Prospect to complete the successful negotiation of bankable turbine supply contracts, while our current market knowledge ensures the best deal is reached for our client. Wind Prospect offers all levels of negotiation services, from technical advisor through to complete turnkey negotiation including advising on supplier selection.


Due diligence

Obtaining quality due diligence services during the acquisition, sale or financing of a wind project is essential to ensure that there are no significant issues that could hinder the profitability or viability of a project.

Wind Prospect is recognised as a reputable and qualified advisor for over 22GW of due diligence for developers, banks, investors and utilities including Continental Wind Partners, AGL, International Power, CLP, Malakoff, BNP Paribas Clean Energy Fund, Climate Change Capital, HgCapital, Globaleq, HSBC, Barclays, Triodos, Nedbank, ABSA, Bank of Ireland, Standard Bank of South Africa, EDF Energy Renewables and E.ON.

Wind Prospect has advised on prospective acquisitions and sales of wind projects and portfolios. Through the due diligence process we review the data, the risks and the value from a real world technical and commercial perspective. This includes reviews of:

  • Site location, conditions and access
  • Planning and Permitting
  • Energy yield
  • Technical components
  • Grid connection and electrical systems
  • Supplier and contractor contracts
  • Operation and Maintenance contracts and conditions
  • PPA contracts
  • Financial model

Our services are called upon in a wide range of commercial scenarios: 

  • Project developers 
  • Utilities and Independent Power Producers who are assessing the acquisition of target companies and assets, or preparing sites for financing or sell-on 
  • Investors assessing individual sites or project portfolios 
  • Banks and financial institutions assessing investment opportunities 
  • Organisations assessing potential technology investments


Operation audits

Wind Prospect can also offer audits of existing wind farm projects. Operation audits involve the site being visited and the turbines and associated components and documentation checked to ensure that the wind farm is being run to meet industry standards. The performance of the project can also be checked against the expected yield. 


General consultancy

In addition to the services detailed above, we are happy to offer more general advice and consultancy on topics related to wind and solar projects, which can be tailored to the need of the client. Please contact us to discuss how Wind Prospect Advisory Services can tailor our services to fit your needs.


Feasibility studies

Wind Prospect has performed a number of feasibility studies for both wind and solar photovoltaic projects, from short desk-based studies highlighting key issues and constraints to development, through to full-scope reports that assess all aspects of the project and prepare the project for the development stage. 

Our feasibility studies can be tailored to suit your needs, past reports have included reviews of: 

  • Wind or solar energy resource
  • Planning and environmental concerns and constraints
  • Site design
  • Access and transportation
  • Risk assessments
  • Site condition assessment
  • Preliminary financial modelling

Feasibility studies can look at a large portfolio of potential sites to highlight the most viable candidates, or focus on one project to ensure that there are no significant outstanding issues before proceeding to development.


Solar resource assessment

In addition to wind, our resource team can also offer solar resource assessment, including:

  • Installation and monitoring of insolation measuring equipment
  • Analysis and modelling of on-site and satellite solar data
  • Design and optimisation of solar photovoltaic project layouts

We use a variety of solar insolation data to minimise uncertainty.Our advisors are trained in the use of solar PV design programs such as PVSyst and the NREL System Advisor Model (SAM), and can produce detailed designs for photovoltaic installations, taking into account the solar resource, horizon at the site and the shading from nearby objects, optimising the choice of solar panel and inverter and predicting an annual yield and performance ratio for the system. This can be performed for both ground-mounted and building-mounted projects.

The advisory services team works independently from the rest of Wind Prospect, but is able to draw on the experience of our colleagues in other parts of the company. 

 

 

 

Advisory Services Capability Statement 2013

Advisory Services Capability Statement 2013

Energy Resource Services Capability Statement 2016

Energy Resource Services Capability Statement 2016




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