A. Program of requirements (PoR): A well-defined Program of Requirements is essential for realizing a reliable and safe PV installation. HeadStart helps organize a precise and transparent PoR in accordance with national and international standards for the preparation of efficient solar power installations. Requirements for each component and activities are outlined for the optimal return with minimal maintenance frequency.

B .Technical feasibility survey: Key research into the planned PV installation, geotechnical surveys, location and construction of the mounting system, qualification of the main solar components, different parties involved, commercial and technical risk management, yield analysis, and a review of the contractual agreements.

Geographical site suitability

  • Review of permits and environmental/social impacts to ensure compliance with regulatory guidelines and lender’s standards.
  • Permits and license status.
  • Environmental regulatory compliance issues.
  • Process safety issues.
  • Health & Safety regulatory compliance issues.
  • Waste management.
  • Potential areas of concern and overall risk of soil or groundwater contamination (with the help of site visits).
  • Push-pull and soil quality testing.
  • Structural and static analysis of the mounting system.

Economical benchmarking with similar projects in the market (benchmark of CAPEX, OPEX)

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  • OPEX evaluation.
  • Cash flow forecasting.
  • Management Reserve Amount (MRA) for inverters and the site.

Contractual agreements

  • Land lease agreements.
  • SPV, EPC agreements.
  • Solar components supply agreements and warranty terms.
  • O&M contracts.
  • Insurance policies.
  • Grid connection agreements.
  • Collection of Power Purchase Agreements (PPA) or FIT scheme (Feed-in Tariff) for review.
  • Planning and scheduling.

Yield Assessment

A reliable and pragmatic yield assessment study and revenue forecast considering various scenarios is the most crucial part of the project. Irradiance data varies every year; therefore, it is important to consider a detailed irradiance database study. With years of experience in advising residential to utility-scale solar power plants, HeadStart helps make this prediction with a high degree of accuracy along with exceedance probabilities P50, P75, P90(1), and P90(10) throughout its utility life.