
Two 20MW Solar Power & Energy Storage Plants
149MKM collaborated with a Canadian Renewable Energy Developer to successfully implement two 20MW solar power and energy storage plants in Madagascar.
Summary
149MKM collaborated with a Canadian Renewable Energy Developer to successfully implement two 20MW solar power and energy storage plants in Madagascar. 149MKM's comprehensive range of services, including preliminary design, engineering, site selection, financial modeling, PPA development, and advisory services, played a vital role in ensuring the viability and success of these projects. These projects contribute to the country's renewable energy goals, reduce carbon emissions, and foster sustainable development in the region. 149MKM remains committed to delivering innovative and sustainable energy solutions globally.
Preliminary Design & Engineering:
149MKM conducted meticulous preliminary design and engineering assessments to determine the optimal configuration and layout for the solar power and energy storage plants. We considered factors such as solar irradiation, site topography, grid connectivity, and energy storage requirements to maximize energy generation, storage capacity, and overall system efficiency.
Site Selection, Land Survey & Geotech:
The site selection process identified optimal locations for the solar power and energy storage plants in Madagascar. This involved detailed land surveys and geotechnical assessments to evaluate construction suitability based on soil conditions, site accessibility, and environmental impact.
Financial Model:
The financial model demonstrated the viability and potential return on investment of the solar power and energy storage plants, helping attract funding from investors and lenders. It highlighted long-term profitability and sustainability, reinforcing confidence among stakeholders.
PPA Development:
A key role was played in the development of Power Purchase Agreements (PPAs) for both projects, working closely with the client and government authorities to negotiate and finalize terms that ensured stable revenue streams and project bankability. Expertise from our parent company, 149MKM Corp, in navigating regulatory requirements and managing stakeholder engagement contributed to the successful ratification of the PPAs by both the client and the government.
Advisory Services:
149MKM provided comprehensive advisory services for the duration of the project, offering strategic guidance and expertise in procurement strategies, risk management, environmental compliance, and local community engagement. The goal was to maximize project success and minimize potential challenges.
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