ORTECH has extensive solar experience
Here are some examples of our work:
- Large Commercial Bank: Vendor of Record for rooftop solar projects due diligence for commercial banking across Ontario.
- Silvercreek Solar Farm in Southwestern Ontario: Silvercreek retained ORTECH to provide advice in regard to comparative suitability of different types of solar modules, analysis of output and financial structure of the project, construction management, information memorandum, and other project related tasks such as financial management. The project, located near Aylmer, Ontario has reached Commercial Operation Date (“COD”) and ORTECH is assisting Silvercreek in operating the solar farm.
- Solar Developer/Aggregator: Provided this equity investor/developer with due diligence services for eight (8) rooftop solar projects participating in the Ontario Feed in Tariff (“FIT”) program.
- Spanish Solar Developer: Assisted Solar developer with Engineering, Procurement, and Construction (“EPC”) RFPs, blind Information memorandum, financial model, and solar resource assessment for two (2) ten (10) MW solar farms in New Jersey’s Solar Renewable Energy Credits (“SREC”) program.
- Ontario Power Authority: One hundred and eighty seven (187) audits of existing or operational solar projects participating in the Ontario Power Authority (“OPA”)’s FIT program in the last eighteen (18) months. In addition, ORTECH concluded sixty seven (67) audits of constrained solar projects in the summer of 2014.
- Large Solar Developer in Ontario: Review of two (2) ground mount solar projects including performance assessments and site visits.
- Boutique Debt Provider: ORTECH reviewed eighteen (18) rooftop solar projects for debt financing in the FIT program.
- Large Canadian Commercial Bank: Five (5) due diligence engagements for COD rooftop solar projects looking for debt financing.
- Government Agency: Assisted governments’ consultant in providing financial analysis of FIT costs in 2009 and 2011.
- Government Agency: Assist government agency with detailed analysis of pricing of solar, ground mount and rooftop, for the purposes of setting new FIT prices.
- Local Distribution Company (LDC): Provided due diligence for a ten (10) MW solar farm in Ontario with a FIT contract including creating a new solar resource assessment.
- Large Canadian Commercial Bank: ORTECH reviewed all technical components for the Bank’s due diligence process including Power Purchase Agreement (“PPA”) status, connection impact assessment (“CIA”), equipment vendor proposals, domestic content, financial models, constructability, solar resource assessments and insurance (one hundred and thirty six (136) projects to date.).
- Large Real Estate Developer: ORTECH assisted developer in securing an equity position with a solar developer with a FIT contract. Engagement included due diligence, management consulting and term sheet development.
- Chinese Solar Developer: ORTECH reviewed six (6) sites for this equity investor for a variety of one hundred (100) kW to two hundred and fifty (250) kW rooftop solar projects in Ontario.
- Rooftop Solar Debt Financer: ORTECH reviewed three (3) five hundred (500) kW rooftop solar projects in Ontario for a regional debt provider.
- Large Financial Institution: ORTECH provided services to assist in developing risk management criteria for a commercial loan process for roof top solar projects including financial models, risk tolerances and vendor selection criteria.
- Large Multinational: ORTECH was engaged to build a pipeline of viable ground mounted and rooftop solar projects within the FIT program.
- Large Spanish Solar EPC Contractor: ORTECH was engaged to develop a pipeline of viable shovel ready ground mounted and roof top solar projects.
- Large Renewable Energy Developer: ORTECH helped a developer review a wind project and convert to solar including financial model, solar resource assessment, site development, transmission assessment and renewable energy approval risk assessment.
- Rooftop Solar Developer: ORTECH was engaged to develop roof top solar layouts and perform feasibility studies including structural and electrical assessments.
- Local Rooftop Solar Developer: ORTECH acted as project advisor for twelve (12) rooftop solar projects including CIA interconnection, financial modelling, vendor management, and owners’ representative services.
- Solar Developer: ORTECH provided project feasibility services including ground mount solar farms prospecting, solar resource assessment, financial modeling, renewable energy approval assessments, project name plate, and interconnection assessments.
- Ground Mount Solar Developer: Site feasibility and transmission assessment for ground mount solar projects.
- Canadian Green Energy Management: Ground mount solar feasibility work including solar resource assessments, layouts, financial models and vendor research for domestic content and warranty.