Over the last decade, solar PV plants have become mainstream and have intrigued quite an interest in big corporations; especially the non-banking financial sector, attracting huge investments into the renewable energy market.
However, making an investment decision involves assessment on many fronts, technical assessment of a plant is a direct indicator of its performance and a deal maker or breaker for an investor, thereby making technical due diligence one of the most crucial exercises in the investment process.
Acquisition of PV plants is done at any stage, it can either be developing a green field project or acquiring an operational plant, in either case a thorough and comprehensive evaluation of plant is needed to identify challenges and risks associated with the project.
