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.
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:
149MKM conducted site selection processes to identify the most suitable locations for the solar power and energy storage plants in Madagascar. Our team performed extensive land surveys and geotechnical assessments to evaluate the sites' suitability for construction, considering factors such as soil conditions, accessibility, and environmental considerations.
149MKM's financial model demonstrates the financial viability and potential return on investment of solar power and energy storage plants, attracting funding from investors and lenders. The team's expertise in financial modeling showcased the long-term profitability and sustainability of the projects, bolstering investor confidence.
149MKM played a crucial role in the development of Power Purchase Agreements (PPAs) for both projects. Working closely with the client and relevant government authorities, to negotiate and finalized PPAs that provided stable revenue streams and ensured the projects' bankability. Our expertise in navigating regulatory requirements and stakeholder engagements resulted in the successful ratification of the PPAs by both the client and the government.
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.