Investment & cooperation
Choosing an investment model for an energy project
Self-investment and third-party investment involve different capital requirements, ownership arrangements and long-term responsibilities. Each should be assessed against the company’s actual needs.
Self-investment: consider the system’s lifecycle
The company needs to assess funding, implementation costs, operations, maintenance and equipment replacement over the asset’s life. Ownership also brings requirements for asset management, insurance and contractual responsibilities.
Third-party investment: understand the obligations
Clarify the investor, asset owner, site access rights, payments, contract duration, and transfer or termination conditions. Commitments relating to generation, electricity purchases and operations need to be considered together.
Define EPC/EPCC and O&M precisely
These terms need an agreed scope covering activities such as engineering, procurement, construction, commissioning, handover, monitoring and maintenance. Responsibility for each activity should be documented in the project scope and contracts.
Compare options using consistent data
Use consistent demand forecasts, generation assumptions and evaluation periods when comparing proposals. VNPLUS and its partners discuss suitable models using project-specific information, then clarify the assumptions and delivery responsibilities.