City of Morgan City, Louisiana - Hydrokinetic Energy Project Investigation

Members of the ERG Renewable Energy Consulting Group, LLC performed a review of pertinent FERC licensing and associated environmental permitting requirements associated with the development of hydrokinetic energy projects in support of the City’s FERC Preliminary Permit for the investigation of developing such projects located in the area of the Atchafalaya Basin Outlet. Members of the Firm also provided briefings to the City regarding the current state of technology of hydrokinetic energy generators, development issues and the economic/financial aspects of such projects in support of the City’s efforts to comply with the requirements of its Preliminary Permit.

Strategic American Spanish Alliance

ERG Renewable Energy Consulting Group, LLC was recently retained by a large international consortium of renewable energy companies in Spain as part of the Strategic American Spanish Alliance (SASA) in the representation of SASA in North America. ERG Renewables is representing SASA and its member companies in the development of wind and solar renewable energy projects throughout North America through the provision of independent economic, financial and management consulting services in the evaluation, development, contracting and financing of renewable energy projects throughout North America.

Magtel Texas Renewables, LLC - 50 MW Solar Photovoltaic Power Project Development

Magtel Texas Renewables, LLC (Magtel) is the North American subsidiary of Magtel Group, S.A., headquartered in Cordoba, Spain. Amongst other things, Magtel Group, S.A. is a recognized leader in the development and construction of renewable energy projects worldwide. ERG was retained by Magtel to provide consulting assistance in structuring its entry into the North American renewable energy market. In particular, ERG provided guidance regarding the development of an optimized corporate structure for Magtel’s North American project activities. ERG also provided assistance in analyzing the technical, economic and financial feasibility of Magtel’s proposed 50 MW power project utilizing solar photovoltaic fixed panels and estimated to produce approximately 81 million kWh per year. The project is sited in San Antonio, Texas. In conjunction with this effort ERG performed a comprehensive economic/financial analysis of the project with ERG’s propriety computer model to develop the project capital cost, operating and maintenance expense, and proposed power pricing for inclusion in Magtel’s project proposal to CPS Energy. ERG was also instrumental in coordinating with CPS Energy on the project’s transmission interconnection requirements and staging of project development. In support of the project, Magtel proposed to develop manufacturing facilities for solar photovoltaic panels and structures on site providing significant opportunity for local employment. ERG was responsible for preparation of Magtel’s comprehensive project proposal for submission to CPS Energy and played a key role in followup negotiations with CPS Energy on Magtel’s behalf.

 

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