DNV experts from four different countries evaluated technical risks and mitigation measures relative to typical industry practice.
As well as this, DNV advised on the technical status including the project description and site assessment, the license and environmental permits, the energy production modelling, and the design and technology review assessing PV modules, inverters, battery, electrolysers and fuel cells.
The scope of work covered by DNV also included the grid, power purchase agreement and financial model review, the engineering, procurement, and construction, operations and maintenance agreements.
Read more: McPhy to supply 16MW electrolyser to the world’s first multi-megawatt hydrogen power plant
The $200m project, dubbed Western French Guiana Power Plant (CEOG), will combine photovoltaic energy and massive storage capabilities, mainly in the form of hydrogen, to provide a huge boost to the renewable energy markets.
In developing this plant, it is hoped that it will provide a stable and continuous power system that can operate from night and day without any pollution being emitted.
This will help transition the nation towards renewable energy applications and accelerate the movement towards net zero targets.
Damien Havard, CEO of HDF Energy, said, “Being recognised as bankable with Technical Due Diligence performed by DNV is a success for HDF Energy’s Renewstable® solution. This strengthens our capability to develop and get financing for our worldwide pipeline of hydrogen power projects.
“DNV’s team has excellent competences about hydrogen and hybrid power plants. They brought deep insights about the technology and supported the project from the beginning.”
Santiago Blanco, Executive Vice-President and Regional Director of Southern Europe, Middle East, Africa and Latin America, Energy Systems at DNV, said, “We are proud to provide our combined energy expertise to the world’s largest green hydrogen-power project to the date, our aim is to enable green electricity to close the gap to meet Paris ambitions.
“Decarbonised power plants are an important aspect of transitioning towards a clean energy future.
“Our senior experience for all technology involved including solar PV, battery systems and hydrogen technology was a key differentiator during the selection process.”
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