Solar projects are subject to dynamic changes in pricing, incentives, technology, forecasts and industry best practices, requiring an Independent Engineering Review and on-site Project Inspection to minimize risks and deliver maximum economic returns to investors and owners. In addition to Federal tax code requirements for Independent Engineering Reviews for solar projects, reducing discrepancies in proposed solar system designs, components, and construction will result in better lifetime performance. Optony’s team has experts in every aspect of solar, from leading-edge technology R&D to hands-on project construction management and in- depth economic analysis, all working together to drive project success from inception to long-term operations.

Scope of Services

  • Expert, independent review of engineering documents, components and system designs
  • Reference checks to verify vendor performance, technology and warranties
  • Detailed review of project economics, assumptions and forecasts with external benchmarking
  • Federal ITC and local incentive review for compliance with requirements
  • Guidance on effectively capturing ITC, depreciation and other incentives
  • REC evaluation to maximize economic and environmental benefits
  • Review of contract terms and conditions for business risks and opportunities
  • Full system physical and electrical inspection with updated production forecasts upon completion
  • System safety and security assessment to minimize risks from damage, theft and third party claims
  • Monitoring system review to ensure proper performance management process
  • Review of actual system output and financial savings for compliance with final contract guarantees

Benefits

  • Comprehensive project review incorporating latest solar project best practices
  • Risk mitigation throughout project evaluation, contract negotiations and construction
  • Increased confidence and insight into system output & financial performance forecasts
  • Maximum economic benefits and cash flow from solar system operations
  • Compliance with applicable federal, state and local regulations for independent, expert project review

 

Contact Usto learn more about Optony’s Independent Engineering Review, or related solar services