The site is selected on basis of optimal political, geographical and geotechnical conditions, as well as energy potential and proximity to infrastructure. Early stage development includes due diligence of ownership, solar yield assessment and site survey.
PPA AND LICENSING
The foundation of the income for a PV plant is the power purchase agreement (PPA) between the power plant owner and client, which usually is a national electric company or a private business, and specifies the price and take-off conditions for the produced electricity.
Maximizing produced energy, while minimizing system lifetime costs are vital to ensure good economy in a project. Our technical team has significant experience and ensure compliance with relevant quality, safety, utility, zoning and electrical codes.
Solar projects are typically financed with a debt/equity ration of 70/30 to 80/20. Working with financing institutions, Norwegian export credit guarantee agency and various funding partners, Norsk Solar can secure financing for bankable projects across the globe.
Working with renowned and global EPC partners, and with a well established supply chain network, together with certified project management, ensures a professional approach to the entire construction phase.
OPERATIONS & MAINTENANCE
The right combination of high quality remote monitoring systems alongside a combination of on-site preventative, corrective and condition-based maintenance will ensure maximized output while minimising costs.