Loans for onshore wind farms project: construction and financing

Europe currently has about 197 GW of installed wind capacity, of which 174 GW is for Onshore wind farms project and 23 GW for offshore projects.

The second decade of the 21st century has become a golden era for the global wind energy industry.

The multibillion-dollar investment has made it possible to rapidly reduce the cost of wind turbines and build new facilities around the world.

In 2020, WindEurope published a report based on the National Energy and Climate Plans submitted by EU member states.

If all countries meet their commitments, the capacity of offshore and onshore wind farms projects in Europe will increase to almost 400 GW by 2030.

This represents about 30% of the world’s land-based wind energy potential. In 2019, European wind farms generated about 417 TWh of electricity, corresponding to 15% of total demand.

The use of wind energy is beneficial only in areas with constant and relatively strong winds.

Offshore wind turbines are usually larger, although the technology base is similar to onshore wind turbines. Experts are confident that offshore wind farms have better prospects, as the use of more powerful winds on the high seas provides twice the electricity production compared to similar facilities installed on the shore.

Although offshore projects are actively developing today, preserving valuable agricultural and forest areas, the construction of onshore wind farms project is the most affordable energy solution for business and society. The fact is that offshore wind turbines are more expensive to manufacture and build, and laying cables under water is more difficult.

About 90% of the installed wind capacity today comes from onshore facilities, while offshore wind power has a long way to go to commercial success.

If you are interested in financing and construction of onshore wind farms projects, please contact GATE LINK CAPITAL LP.

Construction of onshore wind farms

The life cycle of a wind farm includes planning, engineering design, construction, operation, expansion, modernization and closure.

Each of these stages requires professional involvement and the use of the most advanced technologies in order for the project to meet your expectations.

GATE LINK CAPITAL LP team is ready to assist your company in the implementation of any wind power project. Together with partners, we cooperate with leading scientific institutions, equipment manufacturers and contractors, offering optimal solutions to each client.

We also offer cheap sources of funds to finance the construction of onshore wind farms projects through international investment funds.

Wind farm planning: Today, the construction of an onshore wind farms project takes an average of 5 to 8 years, depending on the site chosen, installed capacity and many other factors.

Conducting comprehensive research: A new wind energy project starts with careful planning and evaluation of the selected site.

Experts conduct detailed studies, assess orographic conditions, wind strength and direction, seismic activity and other aspects.

Buying land and obtaining permits: Much attention is paid to forecasting the environmental and socio-economic consequences of future construction.

Research results will be required to obtain permits and negotiate with the authorities.

The official building permit requires the approval of various aspects of the project with the authorities responsible for the environment and protection of natural resources, health of local residents, traffic, generation and distribution of electricity.

Electricity supply agreement: The preparation and signing of agreements on the supply of electricity and connection to the national power grid is one of the most difficult and crucial stages.

This task includes multi-stage negotiations and the execution of expensive work on a tight schedule.

Thanks to the experience in the implementation of energy projects in different regions of the world, our partners are ready to deal with negotiations and obtaining permits. Experienced lawyers with international experience guarantee the success of a new project with minimal involvement of your staff.

Manufacture of wind turbines and other components: Some components, such as transformers and wind turbines, take a long time to manufacture (up to 6 months), so it is important to start the process as soon as possible.

Tenders and negotiations are held with leading companies, and equipment tests are carried out under the supervision of specialists.

GATE LINK CAPITAL LP cooperate with leading wind farm equipment manufacturers to ensure the production of high quality components on favorable terms and conditions in a very short time frame. Contact us to learn more about partners.

Onshore wind farm construction stages

The construction of an onshore wind farms project typically involves five stages:

• Construction of access roads for equipment transportation. • Preparation of construction site and storage facilities for building materials. • Construction of foundations for wind turbines and auxiliary buildings. • Cable laying and other electrical work on the site. • Assembly and installation of wind turbines.

A prerequisite for the successful implementation of a wind energy project is the conduct of comprehensive research, planning and coordination of the construction of wind power plants with local authorities.

The Prestige team will assist you at every stage of the project.

Access road construction: Transporting a wind turbine overland is fraught with many technical difficulties that require professional engineering solutions and the widespread use of advanced technology, including heavy cranes.

The construction of an onshore wind farms project requires the preparation of wide access roads with specific requirements due to the size of the components to be moved and the weight of the semi-trailers used to transport them.

Although modern road construction technologies minimize the use of land at this stage, permits from the local government must be obtained in advance, providing a detailed plan of activities and a scheme of access roads.

When constructing access roads, the engineering team must consider such important parameters as the minimum radius of curvature, the maximum slope of the road, or the width of the road in certain areas.

It should also be borne in mind that individual components of the tower reach 40–50 meters in length and weigh tens of tons.

The stages of building access roads include the following:

• Planning of work areas. • Obtaining construction permits. • Restriction of traffic in the construction area. • Provision of construction crews with equipment and housing. • Removal of vegetation and leveling of soil for construction. • Laying the road surface from durable materials. • Dismantling of temporary structures.

Some roads will be temporary and their use is limited to the initial phase of construction.

Others should be permanent roads for maintenance and control over the life of the wind farm.

How much does a wind turbine weigh and how is it transported?

Typical wind turbines, together with tower elements, weigh about 300–400 tons, excluding the mass of the foundation.

The blades, which are sometimes disassembled into several segments for ease of transportation, can weigh over 10 tons. Their assembled length is about 50 meters, which makes transporting an entire blade by road an incredibly difficult logistical task.

However, the main components of an onshore wind farm are transported by land and much less often by rivers. Most often, transportation is carried out by special semi-trailers. Each component is supplied individually.

Before the items leave the storage location, a special route is laid to their destination, which is expanded with temporary road plates. They also produce semi-trailers, thanks to which the blades can be transported at an angle of up to 40 degrees.

Our partners have extensive experience in implementing large wind energy projects in Europe, North Africa, Latin America and other regions of the world.

Specialists are ready to develop original technical solutions for any natural conditions in order to best meet the needs of your business.

Are you looking for funding to build an onshore wind farms project?

Consult GATE LINK CAPITAL LP finance team to learn more about our services.

GATE LINK CAPITAL LP E-MAIL: credit@gatelinkcapitallp.com Website: https://gatelinkcapital.com/