Project Development

One of the most important stages in wind farm project development is simply finding an optimal location. Although choosing a viable option may seem straightforward at first, there are actually many factors at play. For example, one location could have high wind speeds and smooth terrain, but be too far away from existing power infrastructure to be financially viable.

To make sure we make an optimal site selection for our proposed wind farm, we have taken on the task of developing a comprehensive decision matrix. We have done this by overlapping GIS maps of vulnerable avian and marine species, interconnection sites, turbine visibility approximations, traffic, and high density populations.

After finding a viable location, we move into the turbine selection process. This involves comparing not just power performance, but logistical and financial factors such as shipping costs and available tax incentives. We then use industry-grade tools such as Solute Furrow to further optimize power production and sustainability goals while maintaining financial success.

In addition to considering the logistical and financial factors, it is equally as vital to evaluate how a wind farm, if built in a certain location, would impact the surrounding environment and communities. Continuing the above example, a location with great wind resource, smooth terrain, and existing power infrastructure may not be viable due to interference with key shipping lanes or wildlife.

To make sure our farm does not negatively affect the surrounding environment, we conduct a thorough study of potential impacts. This can range from analysis of local wildlife (fish, birds, bat, etc.) patterns to less apparent factors such as noise and visual pollution or even affects on local tourism.

In addition to siting and planning the farm, it is important to make sure our proposed wind farm development is financially viable. To facilitate this, we use tools such as NREL’s System Advisor Model financial modeling software to develop a comprehensive 20-year financial model over the project’s lifespan.

This involves full analysis of all capital and operational expenditures, available tax incentives, current energy market conditions, equity flip structuring, and depreciation of assets—just to name a few.