Istos Renewables can undertake extensive technical investigation (Due Diligence) of RES projects.
The evaluation may be assigned by the investor or financial institutions in any stage of maturity of the project. Among the issues examined and evaluated are the completeness of the licensing process, the technical specifications, the planning, the budget-costing and the construction of the project under the specified plan.
When it comes to projects that are already operational, data of energy (and economic) performance are collected, analyzed and compared with the results of feasibility studies before the operation; in order to identify any discrepancies and in order to assess the causes of variation and to investigate whether there are additional risk factors. (Post constructional energy yield assessment)
Finally, mention is made on the functional status of the project equipment.
Moreover, for wind farms the investigation may include the following:
- Site evaluation (examination of wind turbine positioning in accordance with IEC-61400-1 standard, the specific land use framework and other environmental factors)
- Wind energy potential assessment (investigation and verification of wind potential by installing high masts or by using LIDAR, always following the rules of MEASNET)
- Evaluation of financial details and project’s budget
- Sensitivity study of uncertainty factors.
- Assessment of the environmental licensing of a project.
