Solar power plant construction

Solar energy is becoming increasingly competitive due to cost reduction and improved technical processes.

Further development of solar energy generation is becoming more attractive, especially in developing countries with favorable natural conditions.

In addition, sociocultural and political factors contribute to the widespread use of renewable energy.

Solar energy has proven its viability and has demonstrated some advantages over traditional energy sources such as coal. Growing knowledge and new technologies make solar power plants more and more efficient, reliable and cost-effective, which is of interest to investors.

Many developing countries have tremendous solar resources and economic opportunities to develop this innovative sector.

Photovoltaic (PV) power stations can be built in a few months, which is an additional incentive for fast-growing economies.

Thanks to close attention to environmental laws and more stringent requirements for energy security, many governments, not just private investors, have become interested in solar power.

Extensive knowledge and experience help to increase the potential of solar energy and satisfy the energy needs of customers in the most efficient way.

Solar project development process

The construction of a solar (photovoltaic) power station begins with the development of a project.

At this stage, engineers and financial consultants assess the potential of solar energy generation, choose the best location and the most efficient technology for your project.

Solar project development is a multi-stage process that requires a multidisciplinary team of experienced professionals from different areas.



We carefully analyze the local electricity market, and also look for a suitable land plot for the construction of the facility. At the same time, our experts carry out a feasibility study for the project, as well as obtain official permits and provide agreements on connecting to the national grid.

Typical steps for developing a solar project:

• creating a concept;
• finding a plot of land;
• detailed prefeasibility study;
• feasibility study of the project;
• obtaining permits and contracting;
• engineering and construction.

Our approach to each project is individual, depending on the goals and priorities of the investor, financing, legal requirements and other factors. As a result, we develop a conceptual project that contains the main parameters of the projected object, expectations and goals of the client.

At this stage, you do not need to invest heavily in the implementation of the project.

Prefeasibility study of solar plant

The purpose of the preliminary feasibility study is to determine the general characteristics of the project and the amount of investment.

Experts visit the land plot and conduct desk studies.

Based on the report, the investor can draw conclusions about the viability of the project, as well as the need to invest additional financial resources in its implementation. Studies at this stage are conducted under conditions of uncertainty, which should be considered by all stakeholders.

Prefeasibility study includes:

• projected electricity prices;
• assessment of the area of the building site;
• comparison of various technological solutions and their financial consequences;
• projected financial costs and potential income of the project;
• assessment of the capacity of a solar power plant, taking into account seasonality;
• the possibility and conditions of connecting the power plant to the national grid;
• preliminary schedule of design and construction of the facility;
• assessment of economic, political and legal risks of the project;
• assessment of sociocultural and environmental risks of the project;
• modeling the situation for a final decision.



At this stage, we determine the range of opportunities and the most probable problems, developing effective solutions for the investor.

Feasibility study for a solar power plant

The most important thing for an investor is a professional feasibility study, which includes the characteristics of the facility, the applied technical solutions, as well as the financial costs of its construction, operation and maintenance.

The feasibility study phase is based on the results of previous work, using more accurate information for a specific project. If the results of the study are favorable, the client should be ready to invest more to advance the project to the financing stage.

A typical feasibility study contains a detailed summary of the technical, regulatory, financial and commercial aspects.

A feasibility study for a solar power plant includes:

• development of a detailed land plot plan;
• assessment of potential solar resource in the construction area;
• identification of environmental factors that may affect project implementation;
• detailed study of environmental and sociocultural aspects;
• detailed list of required official permits and licenses;
• cost and conditions of connecting the solar power station to the grid;
• additional assessment of the cost of electricity;
• analysis of sources of financing for the construction of a power plant;
• final concept of the commercial structure of the project;
• detailed financial analysis of the project.

The feasibility study may coincide with the activities related to obtaining permits, financing and contracts, which are conducted in parallel. A clear coordination of these activities is essential to the success of the solar energy project.

Small projects may be limited to calculating the basic characteristics of a solar power plant and its key equipment. Engineers always take into account the individual needs of each investor, so the documentation is compiled in accordance with the goals, scope and budget of your project.

We and our partners have many years of extensive experience in financing and construction of solar power plants in Europe and other parts of the world.



We take into account the experience of previously designed facilities, providing the investor with optimal technical and economic solutions.

Obtaining construction permit

After a positive decision of the client on the basis of a feasibility study, we receive permission from the authorities for the construction and operation of the solar (photovoltaic) power station.

This is important to ensure project financing and commercial contracts.

A construction permit must be obtained before the actual start of work at the construction site.

Legal requirements vary from country to country, which is why our lawyers begin negotiations with authorities in the early stages of the project.

The latency and specific requirements for supporting documentation depend on the location, capacity and type of solar power plant. In some cases, changes to the original design are required to obtain permits.

Project financing

Financing projects for solar power plants is basically the same as financing other energy projects, but there are risks specific to the industry.

These risks are mainly associated with new and insufficiently studied technologies, as well as possible changes in government policy.

Banks are interested in the predicted performance of the future power plant. One of the key indicators is the annual production of electricity, which is achieved with a probability of 90% (P90). Having an independent expert opinion will ensure creditors confidence, helping to attract investment in a solar energy project.

To receive financing, our specialists will prepare comprehensive project documentation. Currently, solar energy is not well known to commercial banks in some developing countries, so the customer should make some efforts and spend time on obtaining a loan.

Finding the sources of financing for the project is critical.



Our conditions provide customers with the most favorable financial conditions for the implementation of a solar energy project.

Engineering and design of solar power plants

When permits are received and project financing is approved, the team of engineers proceeds to prepare detailed technical documentation.

This information will be presented in a clearly organized manner and is available to all interested parties.

All electrical circuits are carefully designed, including equipment for grid connection and protection. Particular attention is paid to elements of civil engineering, including foundations, buildings, access roads and other infrastructure.

Solar power plant construction

Our partners provides a full range of construction services and project supervision directly at the construction site.

An investor gains an advantage by working with one contact person who is responsible for coordinating all processes and adhering to the work schedule.

Upon completion of construction, all tests of the operability and reliability of the solar power plant specified in the contract are carried out. Tests should be carried out for individual components and for the entire system.

After successfully passing the tests, the client is provided with all the documentation, including a detailed description of the design, drawings, operation protocols and so on.

Together with partners, we offer project finance and construction of solar power plants under EPC contracts.

Experienced engineers will help train the owner's staff in accordance with modern standards.