Borrego Solar Systems revealed that its solar consulting and development services division has reached a milestone by advising on over 180MW of utility-scale solar project for independent power producers (IPP) and private landowners. The unit was created so that customers would be able to receive an analysis of a solar project’s viability, thereby helping IPPs and landowners possibly avoid a process that, over time, can cost millions of dollars while a customer looks into installing a utility-scale solar project.
“There has never been a better time to go solar, but not all projects are created equal, and many will never move forward,” said Mike Hall, CEO of Borrego Solar. “For IPPs and land owners seeking to take advantage of the generous incentives to develop solar projects, up-front analysis of all elements is paramount before investing serious time and resources. We’re thrilled to leverage our vast experience and strategic partnerships along the solar value chain to offer this service and help organizations avoid impractical projects so they can capitalize on the projects truly poised for success and long-term financial viability.“
Borrego states that its solar power installation feasibility studies allow its customers to quickly and cost-effectively decide if a solar project is workable before plunging into the installation process. Along with feasibility studies, Borrego noted that the solar consulting and development services unit provides end-to-end management services, RFP creation and advisory services and marketing intelligence.
“Understanding the interplay of environmental, technical and regulatory influences that determine the financial viability of a solar power plant is crucial for utility-scale solar project development in the U.S.,” said James Hines, research director at Gartner. “IPPs and landowners may have many choices for pursuing solar projects, but not all of them will have the right elements to be viable. Relying on an experienced partner to conduct an upfront analysis before investing the time and resources to develop a utility-scale solar project can greatly reduce the risk of chasing a deal that will never see the light of day.”