Wind Energy Project Development Service
EDF Renewable Energy's experienced team of personnel can perform all phases of project development - taking a wind energy project from a 'good idea' to a fully functioning facility.
EDF Renewable Energy engages in a rigorous process to identify and evaluate the potential of prospective sites; taking into account transmission, interconnection, permitting, and environmental concerns. We continue to actively search out viable and profitable energy sites throughout North America.
Once a site is identified, EDF Renewable Energy's dedicated and experienced Development Team begins a thorough site-evaluation protocol. Our Resource Assessment Group performs quality control tests of meteorological data, analyzes the resource of the site, and completes a preliminary design of the equipment layout. Preliminary assessments of energy potential are carried out internally. At the same time, land is acquired, and environmental and technical studies are performed.
EDF Renewable Energy's Project Finance Group provides an indispensable elementto our renewable energy portfolio by structuring and securing project construction and long-term financing, closing over one billion dollars in financing by utilizing innovative approaches. During this phase, Power Marketing is completed either through a Power Purchase Agreement with a utility, or the sale of the project in its entirety through a turnkey contract.
Our Construction Group is involved in the design and construction of each renewable energy project. Because every project is unique, the Construction Group utilizes its extensive experience to optimize everything from equipment selection to site layout. Strict management of engineering, procurement, and construction ensures projects are completed on time and on budget.
The final result of the efforts of the Project Development and Construction teams is an asset (the energy project) capable of producing a revenue stream for periods of 20 to 30 years. The Owners of the asset rely on those revenues to provide the return on their investment, and EDF Renewable Energy Asset Management assures that the financial goals of the project are met.
Asset Management services include the financial management, business reporting, and forecasting of a project's performance. Additional services are focused on record management to stay current with federal, state, and local requirements and ensure ongoing compliance.