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Funding Wind Energy Projects
Get Your Wind Energy Project Funded!
What Is Wind Energy and How Does It Work?
Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships.
Wind power is plentiful, renewable, widely distributed, clean, and produces no greenhouse gas emissions during operation, and the cost per unit of energy produced is similar to the cost for new coal and natural gas installations.
A large wind farm may consist of several hundred individual wind turbines that are connected to the electric power transmission network. Offshore wind power can harness the better wind speeds that are available offshore compared to on land, so offshore wind power’s contribution in terms of electricity supplied is higher. Small onshore wind facilities are used to provide electricity to isolated locations and utility companies increasingly buy back surplus electricity produced by small domestic wind turbines.
A great feature in funding wind energy projects is the fact that:
1) traditional funding instruments can be used, and
2) no special accommodations or arrangements need to be added on to a funding arrangement involving biomass.
The best case scenario is if you (as project promoter/owner) have an off-take agreement (agreement in which a third party that has signed a contract guaranteeing that they will be buying the promoter's output for a certain length of time in the future right from the start.
Why? Because for investors it is a guarantee of return on their investment, not to mention that it is also a steady guaranteed payment on the debt of the equipment due to the fact that the energy produced is sold over the long term (thus, there is a guaranteed income).
On the business end, the Promoter/project owner is required to produce essentially the same basic information and documents as he/she would in any other type of project:
- Feasibility Study (if you have it)
What you will also need is presentation report that details the technology to be used.
What can often be the (only) tricky part of funding a wind energy project is assessing the technology that will be used to produce this energy; but solid, time-tested wind energy-producing manufacturers do exist and are often favoured in these types of deals.
* No Upfront Fees
* No Application Fees
* No Revision Fees
* No Stand-By Fees
* No Retainers
* In committing our own funds, we can help you realize your project!
We are keenly aware of the fact that in its market, private equity investing in wind projects is first and foremost a 'people business,' and we work by the fundamental philosophy and principle that our word is our bond.Include a quote about how great your products are.
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