The German asset manager for renewable energy investments Luxcara recently entered long-term Power Purchase Agreements (PPAs) for 100% of the output and environmental attributes of the three contiguous wind projects.
Working alongside Norwegian developer Norsk Vind Energi and the owner and long-term operator of the wind farms Luxcara, DNV GL’s experts conducted technical due diligence of the projects to identify and mitigate against technical and financial project risks, including site conditions, site suitability, turbine technology, construction contracts, grid connection, installation programme and permitting. The three wind farms are comprised of 70 Siemens Gamesa 4.2MW turbines, located near Stavanger in Norway.
DNV GL’s wind experts conducted a technical analysis of all three wind farm sites and undertook wind measurement campaign specifications, layout design, site meteorological conditions assessment, turbine selection and final energy yield assessment. The team also collaborated closely with the developer and turbine manufacturer to ensure that the selected turbine model best demonstrated the characteristics to operate within the challenging environment.
The challenging environment and complex site topography meant that DNV GL’s collaborative approach to turbine selection, layout and placement was crucial, to guarantee maximum energy production over the life-time of each wind farm.
DNV GL Northern Europe, Middle East & Africa Energy business executive vice president Prajeev Rasiah said: “DNV GL’s role in the development of the Bjerkreim cluster highlights the trust and value that developers, owners and investors place on our independent expertise and validates our ability to facilitate investments in projects that are integral to national and global renewable energy ambitions.”
Source: Company Press Release
