Technical due diligence for financing a pipeline of PV projects, Czech Republic

Technical due diligence for financing a pipeline of PV projects, Czech Republic

An international investor is planning to develop several PV plants in the Czech Republic. To determine investors’ opportunities and risks, the company retained Fichtner to conduct a due diligence review under technical aspects. After the general review, project-specific technical due diligence audits are conducted for six PV plants, taking the previous phase as a starting point. Fichtner then monitors construction to approve release of payments. For hand-over of the plants, Fichtner certifies mechanical completion and provisional acceptance.

Our services

  • Verification of the performance of existing plants and planned project pipeline
  • Project timetables and planning
  • Check of contracts: EPC, suppliers, O&M
  • Plant-specific cost evaluation, technical standards, environmental protection, permit application
  • Technical appraisal of final PV plant design and component selection
  • Construction monitoring and release of payments
  • Monitoring provisional and final acceptance tests
  • Monitoring plant operation

Technical data

  • 6 PV plants with a total capacity of 18 MWp

Client

Energy 21 a.s. Building International Business Centre (IBC), Prague, Czech Republic