Feasibility Greens
The first essential step in creating a successful renewable energy project is a ‘Feasibility Study,” which examines if the selection of the project is financially and technologically viable. Many technical factors affect the choice of a site, including wind speed / solar radiation, land topography and geology, site layout, grid structure, proximity to utilities, logistics feasibility, local regulations & permitting requirements.
The feasibility study for the proposed renewable energy project helps to understand the extent and nature of the risks, costs, financial returns, and environmental benefits. Once these are adequately understood, an objective view can be taken on whether to proceed with a planning application and incur the costs of doing so.
It is one of the first steps in the project development process. The goal is to limit project risk and address issues early. When identified, many critical design constraints can be overcome effectively with planning.
- Greenfield development – Identification and early-stage development of potential wind / solar power project sites by carrying out the feasibility study
- Wind mast installation & Wind resource analysis using advanced technology
- Site feasibility study – Land feasibility, Connectivity feasibility, Logistics feasibility, Social Impact analysis & Environmental studies
- Co-Development – Partnering to secure the potential brownfield sites.
- Optimized project design and layout
- Economic Analysis – Providing inputs to determine the financial viability of the project.
