Type
Feasibility analysis, business plan, project concept, engineering, procurement, construction and commissioning
project
CENTRAL EAST AND SOUTH-EAST EUROPE SOLAR MARKET
Description
Market analysis about solar energy market of the Central East and South-East Europe countries. Our team reviewed the existing legal regulatory framework for solar photovoltaic power projects in these countries. Detailed PEST analysis of the markets has been performed along with SWOT analysis. Major solar PV power projects under development, deals and investors have been identified and 10-year forecast about cumulative photovoltaic power capacity growth and for cumulative investment volume was done. Main possible risks in solar energy markets of the Central East and South-East Europe countries have been analyzed.
scope
Central East and South-East Europe (18 countries)
Type
Market Report and Analysis
project
BULGARIA HYBRID SOLAR & WIND
Description
Project concept, engineering, procurement, construction and commissioning of hybrid renewable energy installation for own consumption for a small enterprise. This installation in Bulgaria has been consisting of photovoltaic (solar PV) power modules with 25 KW capacity and a small wind turbine with 5 KW capacity and is intended to cover the power needs of the entrepreneur. Project design and technical design, solar resource estimation, shade evaluation, wind resource evaluation, energy yield forecast, PV modules selection, wind turbine selection. Execution of engineering, procurement, construction and commissioning.
Type
Project concept, engineering, procurement, construction and commissioning
project
BULGARIA SOLAR
Description
Project concept and development plan of the largest photovoltaic (solar PV) power plant in Bulgaria to generate and sell electricity on free power market with 150 MW projected capacity. Project design and concept, solar resource estimation, shade evaluation, energy yield forecast, PV modules selection and conceptual technical layout. Development of detailed business plan, financial model and risk analysis. Costs, benefits, possibilities for government subsidy and sponsorship. Estimation of energy efficiency savings. Elaboration of project finance strategy and implementation plan.
Type
Project concept and development. Project Finance Services
project
SERBIA HYDRO
Description
Inea Consulting Ltd. provided comprehensive advisory and debt arrangement services for the project finance about the portfolio of 12.3 MW ready to build small hydropower projects (SHPP) located in Serbia. Hydropower projects are long-term and capital intensive. For this reason, the project owners selected Inea Consulting Ltd. to provide appropriate services regarding project finance. Arranged finance has been flexibly adjusted to the project's expected future cash flows – with guarantee cover and export financing being provided at the same time.
Type
Project Finance Services
project
TURKEY SOLAR
Description
Company valuation for IPO listing purpose of Turkish solar PV company engaged with EPC and development of a large portfolio of more than 43 solar projects pipeline. The project owners considered third party independent company valuation (appraisal) of their company and in this respect, they trusted experienced partners like Inea Consulting Ltd. The main objective of this company valuation was to present a hypothetical value calculation of the fair market value (FMV), in the context of a strategic investment decision by the company’s management and shareholders for listing on one of the major international stock exchanges. Our team elaborated company valuation with due care and accuracy using the vast experience of Inea Consulting Ltd. in renewable energy business consulting.
Scope
Turkish Solar Market
Type
Company Valuation regarding IPO listing purpose
project
VIEDA Power Co. Ltd.
Description
Market Analysis for CIS countries solar energy market. Our team reviewed the existing legal regulatory framework for photovoltaic power projects in CIS countries. Detailed PEST analysis of the markets has been performed along with SWOT analysis. Major solar PV power projects under development, deals and investors have been identified and 5-year forecast about cumulative photovoltaic power capacity growth was done. The main possible risks in solar energy markets of CIS countries have been analyzed.
Customer
VIEDA Power Co. Ltd.
Type
Market Report and Analysis
project
KAZAKHSTAN Wind
Description
Project concept and development plan of one of the largest wind farms in Kazakhstan with 52 MW projected capacity in the North Kazakhstan region. Project design and concept, wind resource estimation, energy yield forecast, wind turbines selection and micrositing (layout) and noise map. Development of detailed business plan, financial model and risk analysis. Costs, benefits, possibilities for government subsidy and sponsorship. Estimation of energy efficiency savings.
Type
Project concept and development. Wind resource assessment and energy yield forecast
project
TURKEY BIOGAS
Description
Acquisition Analysis for a portfolio of biogas power plant projects with 5.21 MW total capacity located in the Central Anatolia region, Turkey on behalf of the international customer. Our team has been appointed by a reputable Turkish investor in renewable energy projects to review documents of the proposed portfolio of biogas projects. We reviewed the existing regulatory framework for biogas projects, studied the availability of animal manure and other agricultural waste resources in the area and evaluated all risks associated with biogas projects within current conditions for this business in Turkey.
Customer
Biyogaz Reaktörleri Mühendislik Taahhüt İnşaat Şti.
Type
Acquisition Analysis
project
ROMANIA SOLAR
Description
Permits and documents review for a portfolio of solar projects with 67 MWp total capacity located in South Romania on behalf of the international customer. Our team has been selected to review and put comments over the presented permits and documents regarding the acquisitionadvisory service to an international solar energy investment fund. We presented the final permit review report to the customer giving our advice regarding the conformity of this solar projects portfolio with the existing legal and regulatory framework for solar energy projects in Romania.
Customer
Solerias Investments LLC.
Type
Permits and documents review. Acquisition advisory
project
ROMANIA BIOMASS
Description
Business plan analysis and technical concept review for biomass project with 5 MWel capacity located in Sibiu County, Romania on behalf of the international customer. Our team has been selected to review and put comments over the presented business plan from the project owner and developer. The financial model and all parts of the business plan have been analyzed in detail. The technical design of the project and woodchips supply contracts have been reviewed. We analyzed also the existing regulatory framework for biomass projects, studied the availability of wood chips and wood waste resources in the area and evaluated all risks associated with biomass projects within current conditions for this business in Romania.
Type
Business plan analysis and technical concept review
project
KAZAKHSTAN SOLAR
Description
Solar Energy Audit & Feasibility Analysis for the solar project with 50 MWp total capacity located in the South Kazakhstan region, the Republic of Kazakhstan on behalf of the international customer. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
SIB Solar Ventures Inc.
Type
Feasibility Analysis and Solar Energy Audit
project
GREECE BIOGAS
Description
Acquisition Analysis for a portfolio of biogas power plant projects with 6.4 MW total capacity located in Missolonghi municipality, Aetolia-Acarnania Region, Greece on behalf of the international customer. Our team has been appointed by reputable international investors in biogas power plants to review documents of the proposed portfolio of biogas projects. We reviewed the existing regulatory framework for biogas projects, studied the availability of animal manure and other agricultural waste resources in the area and evaluated all risks associated with biogas projects within current conditions for this business in Greece. Opportunities for EU funding grants and local government subsidies have been explored and analyzed.
Type
Acquisition Analysis
project
SANDROVO
Description
Feasibility Analysis for biogas power plant project with 1.5 MW total capacity located near the Sandrovo village, Ruse region, Bulgaria on behalf of the domestic customer. Our team reviewed the existing regulatory framework for biogas projects, studied the availability of animal manure and other agricultural waste resources in the area and evaluated all risks associated with biogas projects within current conditions for this business in Bulgaria. Opportunities for EU funding grants have been explored and analyzed.
Type
Feasibility Analysis
project
FUHRLÄNDER
Description
Market Analysis for Bulgaria and Ukraine wind energy market. Our team reviewed the existing legal regulatory framework for wind power projects in Bulgaria and Ukraine. Detailed PEST analysis of the markets has been performed along with SWOT analysis. Major wind power projects under development, deals and investors have been identified and a 10-year forecast about cumulative wind power capacity growth was done. Main possible risks in wind power markets in Bulgaria and Ukraine have been analyzed.
Scope
Bulgaria and Ukraine
Type
Market Report and Analysis
project
KAVARNA BIOGAS
Description
Feasibility Analysis for biogas power plant project with 250 KWel total capacity located near the Kavarna town, Kavarna Municipality, Dobrich region, Bulgaria on behalf of the international customer. Our team reviewed the existing regulatory framework for biogas projects, studied the availability of animal manure and other agricultural waste resources in the area and evaluated all risks associated with biogas projects within current conditions for this business in Bulgaria. Opportunities for EU funding grants have been explored and analyzed.
Type
Feasibility Analysis
project
Q CELLS
Description
Market Analysis for CEE & SEE photovoltaic (solar PV) energy market. Our team reviewed the existing legal regulatory framework for solar PV projects in some of the CEE & SEE countries, which are most interesting for solar energy investments. Detailed PEST analysis of the market has been performed along with SWOT analysis and Porter 5 Forces analysis. Major solar projects under development, deals and investors have been identified and a 5-year forecast about cumulative photovoltaic capacity growth was done. Main possible risks in solar power markets in CEE & SEE region have been analyzed.
Scope
CEE and SEE countries
Type
Market Report and Analysis
project
sokolovo
Description
Feasibility Analysis for biogas power plant project with 800 KW total capacity located in Sokolovo Village, Balchik Municipality, Dobrich region, Bulgaria on behalf of the domestic customer. Our team reviewed the existing regulatory framework for biogas projects, studied the availability of animal manure and other agricultural waste resources in the area and evaluated all risks associated with biogas projects within current conditions for this business in Bulgaria. Opportunities for EU funding grants have been explored and analyzed.
Type
Feasibility Analysis
project
sliven 2
Description
Feasibility Analysis for biomass project with 500 KW total capacity located in Seliminovo Village, Sliven Municipality, Sliven region, Bulgaria on behalf of the domestic customer. Our team reviewed the existing regulatory framework for biomass projects, studied the availability of wood waste resources in the area and evaluated all risks associated with biomass projects within current conditions for this business in Bulgaria.
Customer
Olimp Trade Inc.
Type
Feasibility Analysis
project
sliven
Description
Feasibility Analysis for biomass project with 300 KW total capacity located in Seliminovo Village, Sliven Municipality, Sliven region, Bulgaria on behalf of the domestic customer. Our team reviewed the existing regulatory framework for biomass projects, studied the availability of wood waste resources in the area and evaluated all risks associated with biomass projects within current conditions for this business in Bulgaria.
Customer
Olimp Trade Inc.
Type
Feasibility Analysis
project
kolarovo
Description
Project concept and development plan of one of the biggest photovoltaic power plants in Bulgaria with 17 MW projected capacity in Kolarovo Village, Glavinitsa Municipality, Silistra region, Bulgaria. Project design and concept, solar energy audit including energy yield estimation and feasibility analysis. Development of business plan and risk analysis, solar plant conceptual technical layout. Costs, benefits, possibilities for EU subsidy and sponsorship.
Customer
Kris Energy Ltd.
Type
Project concept and development
project
slunchevo
Description
Grid Connection Feasibility Analysis for the solar project with 2.5 MWp total capacity located in Slunchevo Village, Aksakovo Municipality, Varna region, Bulgaria on behalf of the international customer. We evaluated the availability of the necessary grid infrastructure, the current state of grids and the nearest 20 kV knot-station, evacuation capacity and how neighbour projects may affect it. A few scenarios for grid connection were proposed to the customer.
Type
Grid Connection Feasibility Analysis
project
loznica
Description
We were appointed by the Mayor of Loznica municipality on the basis of public-private partnership to organize a workshop for assessment and presentation of advantages from biogas installations on the territory of Loznica and Samuil Municipalities in North-East Bulgaria. Our team evaluated the potential for the development of biogas projects in these municipalities. Several owners of chicken, cattle and sheep farms also attended the workshop and showed great interest in biogas technology as a way to respond to EU requirements for waste reduction. In 2011 we will propose an action plan, which will aim to increase renewable energy use and investments in Loznica and Samuil Municipalities.
Customer
Loznica Municipality, Mayor of Loznica
Type
Feasibility Analysis and Workshop for Biogas energy promotion and utilization
project
RAVNA GORA
Description
Solar Energy Audit & Feasibility Analysis for the solar project with 4.99 MWp total capacity located in Ravna Gora village, Avren Municipality, Varna region, Bulgaria on behalf of a domestic customer. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Interservice Uzunovi PLC (official representative of SHARP for Bulgaria)
Type
Feasibility Analysis and Solar Energy Audit
project
sharkovo
Description
Project concept and development plan of one of the biggest photovoltaic power plants in Bulgaria with 22,17 MW projected capacity in Sharkovo Village, Bolyarovo Municipality, Yambol region. Project design and concept, solar resource estimation and feasibility analysis. Development of investment prospectus, solar plant conceptual technical layout, financial model and risk analysis. Costs, benefits, possibilities for EU subsidy and sponsorship.
Type
Project concept and development
project
CEZ
Description
CEZ A.S. is one of the biggest energy companies in CEE countries. On behalf of their exclusive representative for renewable projects acquisition in Bulgaria, Bica International EOOD, we received an order to prepare financial models for a portfolio of 10 renewable energy projects (incl. wind, solar, hydro and biomass). Besides financial models, our team performed sourcing of renewable projects for acquisition, site visits, project books development and pre-technical feasibility about 4 of these 10 projects.
Customer
CEZ A.S./Bica International EOOD
Type
Financial modelling and pre-technical feasibility
project
Bulgaria - 1
Description
Financial Modeling and Risk Analysis for a portfolio of solar parks with 30 MWp total capacity located in different parts of Bulgaria on behalf of the international customer. A detailed financial model for the project was created and risk analysis has been performed.
Customer
International CleanTech Investment Fund
Type
Financial Modeling and Risk Analysis
project
kavarna
Description
Feasibility study for the solar project with 0.5 MWp total capacity located in Kavarna Municipality, Bulgaria on behalf of the domestic customer. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Private domestic customer
project
Veliko Tarnovo
Description
Financial Modeling and Risk Analysis for two solar parks with 9 MWp total capacity located in Veliko Tarnovo region of Bulgaria on behalf of the domestic customer. A detailed financial model for the project was created and risk analysis has been performed.
Customer
Private domestic customer
Type
Financial Modeling and Risk Analysis
project
Medovo
Description
Feasibility study for the solar project with 2 MWp total capacity located in Medovo village, Pomorie Municipality, Bulgaria on behalf of the domestic customer. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Frish Solar Invest Inc.
project
Suvorovo
Description
Project concept for two solar parks with 6,5 MWp total capacity located in Suvorovo Municipality, Bulgaria on behalf of the domestic customer. Inspection of site, evaluation of related infrastructure, solar irradiance assessment and yield calculations, and grid connection possibilities evaluation has been performed. Project concept and design have been performed.
Customer
Private domestic customer
project
Shumen
Description
Project concept for two solar projects with 42 MWp total capacity located in Shumen Municipality, Bulgaria on behalf of a domestic customer. Inspection of site, evaluation of related infrastructure, solar irradiance assessment and yield calculations, and grid connection possibilities evaluation has been performed. Project concept and design have been performed.
Customer
Private domestic customer
project
Tutrakan
Description
Feasibility study for the solar project with 4 MWp total capacity located in Tutrakan Municipality, Bulgaria on behalf of a domestic customer. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Private domestic customer
project
Svilengrad
Description
Due diligence of 3.5 MWp solar project located in Svilengrad Municipality, Bulgaria on behalf of the international customer. Inspection of site, evaluation of related infrastructure, solar irradiance assessment and yield calculations, and grid connection possibilities evaluation has been performed. Further existing documents, permissions and ownership rights have been investigated.
Customer
Investment fund based in Spain
project
Dobrich Wind
Description
Feasibility study on the application of 36 MW wind farm in Dobrich region. Project design and concept, wind resource estimation. Costs, benefits, possibilities for EU subsidy and sponsorship. Estimation of energy efficiency savings.
Customer
Green Venture Holdings S.A.
project
Ivanovo
Description
Due diligence of 4,8 MW mixed wind/solar project located in Ivanovo Municipality, Bulgaria on behalf of the international customer. Wind/solar installed capacity ratio 4 MW wind/0,8 MWp solar. Inspection of site, evaluation of related infrastructure, check of wind assessment and yield calculations, and solar irradiance assessment and yield calculations have been performed. Further existing documents, permissions and ownership rights have been investigated.
Customer
Investment fund based in Spain
project
Dobrich Solar
Description
Feasibility study on commercial deployment for 0.63 MWp ground-based grid-connected PV installation in Dobrich municipality, Bulgaria. Yield and shading calculations, including irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Mega Bild Ltd., Varna
project
General Toshevo
Description
Feasibility study on commercial deployment for 1 MWp ground-based grid-connected PV installation in General Toshevo municipality, Bulgaria. Yield and shading calculations, including a check of irradiance assessment, temperature- and interarray-shading effects, the relationship between mismatch and flash test distribution.
Customer
Mega Bild Ltd., Varna
project
Strandzha
Description
Due diligence of 5 MWp solar project located in Strandzha mountain, Bulgaria on behalf of the international customer. Inspection of site, evaluation of related infrastructure, irradiance assessment and yield calculations have been performed. Further existing documents, permissions and ownership rights have been investigated.
Customer
Investment fund based in Liechtenstein
project
Business Park Varna
Description
Feasibility study on possibilities for integration of solar PV at the roof of the existing building of Business Park Varna, and to integrate semi-transparent façade PV modules in the design of the new projected buildings from the business complex.
Customer
Business Park Varna
Type
Feasibility study if BIPV system
project
Sliven
Description
Project engineering for 5.7 MW wind farm in Sliven municipality, Bulgaria. Yield and wind calculations, development of technical project and documentation, project design.
Customer
Bronk Ltd., Russia
