Lessons from the Past…….for betterment of FUTURE Solar Project

Lessons from the Past…….for betterment of FUTURE Solar Projects

Based on the experience of implementation and strategic consultancy for variety of solar projects, ranging from 1mw to 20mw grid connected Solar PV Projects.

Solar PV project implementation is a very complex mix of activities, including :

-Documentation,

-Timely submission and paper work,

-Govt. approvals,

-Planning,

-Designing,

-Land selection,

-Best mix of equipments and vendors,

-Engineering

-Financing etc.

Developers has to remain very alert about updates, since decisions at every stage is very crucial and important to life of the solar project, efficiency for 25 years generation, return on investment, performance ratio, operation & maintenance etc.

Solar Project success depends on raw material (Sun Rays) and accurate calculation of availability of solar radiation is very important. This can be classified under Resource Assessment and selection of optimum suitable location. Then decision regarding equipments, vendor, guarantee, warranty etc. has to be taken in proper decision matrix. After generation of power, it is essential to have proper planning for power evacuation and power transmission. This depends on synchronization between developer’s system and government transmission facilities. Any adverse situation or non-synchronization shall result in direct revenue loss to the developer.

Expertise of developer’s team / consultant (owner’s engineer) shall be into right mix of technology, right mix of equipments, right mix of local situation, right mix of own system and government system. All these factors are more important, rather just opting for a Turnkey Contractor or EPC company on lowest price quotes. Since accurate project planning is going to survive your solar project for the life of 25 years operations and revenue and business interest of Turnkey Contractor or EPC is limited upto the commissioning of your solar project. It is crucial to make prudent investments after incorporating risk control measures.

In the interest of Solar Power business development in India………………

Authored by :

CA Yogesh
Director
BWPM Co.

visit us at : www.Yogesh-CA.blogspot.com