Origination & Development
Our guiding objectives
Provide the best project at the best location prepared for start of construction.
What we do and how we ensure achievement of the objectives
Being a project developer for more than 6 years, ILB Helios AG has established a wide and solid network relationship with local project developers, responsible authorities for PV projects as well as Governments around the globe. In this context we are continuously screening possible PV project opportunities worth to be taken over as lead developer and to be developed until ready to build status acc. to fully meet international investor expectations. Any Origination & Development process is based on four major topic clusters:
1. Land & Surface
- Check of land & surface for being appropriate for PV projects
- This is covering issues like general location, flatness in order to avoid shadowing, geological and topographic parameters, distance to grid connection point, etc.
- In parallel the legal status and future needs for realizing PV projects is checked
- This is covering issues like ownership structure, zoning and designation aspects, environmental requirements, land lease or purchase structures, etc.
2. Permits acc. to the respective Renewable Energy laws
- The usual high number of permits itself as well as the process by which they have been obtained are highly critical for a smooth PV project realization
- ILB Helios AG only works together with international recognized law firms which are fully established in the respective country of the targeted PV project. In addition ILB Helios AG staff is highly experienced in such developments in order to lead the permission process until achievement of ready to build status
3. Grid structure, capacity and connection
- Having found an excellent PV project location is a good start but without having the proper possibilities to get a PV project there connected the journey would have reached an end already
- For any PV project ILB Helios AG together with its local partners is clarifying in detail the necessary pre-requisites of the grid which the PV project shall be connected with like general grid capacity, main grid transportation lines, technical status of the grid, general and detailed requirements for grid connection, electricity off-takers from the grid, grid balancing and stability, etc.
4. Electricity off-take & Financial remuneration
- Electricity produced with the PV project must be consumed/taken over by someone who shall pay therefore a certain remuneration
- Major parameters towards a continuous cash flow for a PV project are country rating, political stability as well as bankability of the off-taker
- The two possible scenarios for off-take and financial remuneration agreements are state driven Feed-in-Tariff (FIT) schemes or Power Purchase Agreements (PPA) with state owned or private industrial off-takers
- In any case, ILB Helios AG works out the most proper scenario to be chosen for the intended PV project and leads pre-negotiation with the respective off-takers in order to ensure the basis for commercially attractive off-take agreements
As a result fully bankable legal, financial and technical Due Diligence reports are summarizing the status on the project development for providing the Investor the necessary basis for the investment decision.