Technical
Due Diligence

To analyse and estimate the OPEX, CAPEX and revenue generation from the solar asset under bidding, technical performance of the plant is a crucial consideration. This study incorporates all the factors essential for understanding the technical aspects of the plant along with other maintenance and documentation evaluation.

Technical Due Diligence focuses on following aspects:

• Healthiness assessment of on-site testing of modules and other BoS components via EL Imaging, Drone/Handheld thermography, mobile labs, visual inspection, and earthing and structure coating testing

• Complete plant design, documentation, data review and technical assessment of the following points:

  • Cable loss assessment according to as-built design and cable schedule

  • Near and far shadow analysis

  • Design documentation review and red-flags with financial implications

  • Detailed punch list for missing activities in I&C and O&M

  • Historical generation, radiation and performance analysis based on monthly or daily level data

  • Loss analysis at various levels like DC cable loss, Inv eff loss, AC losses (cables and transformers), transmission line loss, Aux. loss, breakdown, etc.

  • Soiling loss analysis

  • Radiation resource assessment using multiple satellite and ground based sources and variability analysis

  • Energy Yield Assessment with P50, P75, P90 generation assessment

• Detailed review of SCADA functioning

• Review of O&M practices

• Inverter efficiency measurements

• PR analysis

Our key transactions

• KKR acquisition of 317 MW of Shapoorji Pallonji Solar Plants

  • PVD acted as the sole technical advisor on the transaction

  • Key responsibilities included: Performance and risk assessment, risk mitigation, estimating maximum generation potent and calculating capital expenditure to sustain performance

• Technical advisors for 500 MW of portfolio across multiple states

  • Key responsibilities included: Performance and risk assessment, risk mitigation, estimating maximum generation potent and calculating capital expenditure to sustain performance

• Technical advisor for 50 MW of solar power plant

  • PVD acted a the sole technical advisor on the transaction

  • Key responsibilities included performance and risk assessment, risk mitigation, estimating maximum generation potent and calculating capital expenditure to sustain performance

• Technical advisor for 300 MW portfolio of solar power plant

  • PVD acted as one of the technical advisor on the transaction

  • Key responsibilities included performance and risk assessment for solar modules, preparing a module replacement and repowering plan, estimating maximum generation potent and calculating capital expenditure to sustain performance

• Technical advisor for the purpose of a 15 MW solar power plant

  • PVD acted as the sole technical advisor on the transaction