DNV, an unbiased power knowledgeable and assurance supplier, acted because the technical advisor for Beijing Vitality Worldwide (BJEI) Australia for its current acquisition of 5 photo voltaic farms from Lightsource BP, that are strategically situated throughout three states in Australia. The portfolio consists of three operational tasks (Woolooga, Wellington South, and West Wyalong) and two below building (Wellington North and Wunghnu). All 5 of the property, totalling over 1 GW in photovoltaic (PV) capability, have the choice to combine battery power storage methods (BESS) sooner or later.
Because the technical advisor, DNV supplied complete buy-side technical due diligence companies to BJEI. The scope of labor encompassed website inspections, unbiased power yield analyses, grid connection assessments, environmental evaluations, CAPEX and OPEX analyses, asset life evaluations, and operational and upkeep (O&M) evaluations. Leveraging its devoted renewable power consultants, DNV groups collaborated to ship in-depth technical due diligence and danger evaluation of the property, supporting the valuation of the portfolio.
“We had been delighted to help the BJEI Australia staff on this transaction and assist them obtain monetary shut on such a big and vital portfolio. We stay up for the chance of doubtless supporting BJEI Australia sooner or later as they give the impression of being to broaden their present clear power enterprise throughout a number of applied sciences, reminiscent of wind, photo voltaic PV, and BESS property,” stated Matthew Forwood, Nation Di-ector, Australia & NZ, Vitality Techniques at DNV.
“We lengthen our congratulations to BJEI Australia on the profitable acquisition of those vital photo voltaic property,” added Brice Le Gallo, Vice President and Regional Director APAC, Vitality Techniques at DNV. “Assurance and danger administration suppliers like DNV play an vital position in supporting the ambitions of builders to ship on bold local weather targets. On this regard, we’re in alignment with BJEI Australia’s dedication to sustainability and share of their mission to advance renewable power initiatives in Australia.”
For extra information and technical articles from the worldwide renewable business, learn the most recent concern of Vitality World journal.
Vitality World’s Winter 2023 concern
The Winter 2023 concern of Vitality World hosts an array of technical articles climate evaluation, geothermal options, power storage expertise, and extra. This concern additionally incorporates a regional report the way forward for renewables in North America, and a report from Théodore Reed-Martin, Editorial Assistant, Vitality World, on how Iceland utilises its distinctive geology for renewable power.
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