RENOVA’s Project Process
RENOVA engages in all processes of renewable energy power generation projects, from planning to operation.
The following provides an overview of RENOVA’s project process flow, from the internal feasibility study to activities after the start of power generation, such as installation of an observation platform for local elementary and junior high school children to view how electricity is produced from renewable energy.
Feasibility study
RENOVA searches for promising areas and collects data on local solar radiation for large-scale solar photovoltaic power generation projects and on wind conditions for wind power generation projects. Next, RENOVA estimates the capacity of the facility, studies a basic layout and draws up a project plan including selection of solar panel and other modules and methods of procuring funds.
Briefings to locals
RENOVA gives a briefing on the outline of the project to local residents. It seeks to build trust through dialogue.
Design and consultation with electric power companies
RENOVA chooses project partners to help construct the power generation facility. It also discusses connection to the power grid and electricity transactions with the electric power company.
Acquisition of license and facility approval
RENOVA acquires licenses and approvals as needed in accordance with the Forest Act, the Agricultural Land Act and many different prefectural and municipal ordinances. It also follows the procedures to file applications for facility approval with the Ministry of Economy, Trade and Industry.
Fund procurement
RENOVA signs agreements on the procurement of funds, bank loans and financial close and establishes a local subsidiary.
Construction commencement
RENOVA transports equipment, manages civil engineering, electrical and other work, carries out trial operation and inspections and engages in management of the local subsidiary.
Operation commencement
RENOVA monitors the status of operation and carries out maintenance and inspection of facilities.
Linkage with locals (organization of tours)
Suigo-Itako Solar Co., Ltd. has constructed an observation platform from which people can view the power plant at Roadside Station Itako. It provides local elementary and junior high schoolchildren with opportunities to lean about renewable energy on study tours.
Feasibility study
RENOVA searches for promising areas and collects data on local solar radiation for large-scale solar photovoltaic power generation projects and on wind conditions for wind power generation projects. Next, RENOVA estimates the capacity of the facility, studies a basic layout and draws up a project plan including selection of solar panel and other modules and methods of procuring funds.
Briefings to locals
RENOVA gives a briefing on the outline of the project to local residents. It seeks to build trust through dialogue.
Design and consultation with electric power companies
RENOVA chooses project partners to help construct the power generation facility. It also discusses connection to the power grid and electricity transactions with the electric power company.
Acquisition of license and facility approval
RENOVA acquires licenses and approvals as needed in accordance with the Forest Act, the Agricultural Land Act and many different prefectural and municipal ordinances. It also follows the procedures to file applications for facility approval with the Ministry of Economy, Trade and Industry.
Fund procurement
RENOVA signs agreements on the procurement of funds, bank loans and financial close and establishes a local subsidiary.
Construction commencement
RENOVA transports equipment, manages civil engineering, electrical and other work, carries out trial operation and inspections and engages in management of the local subsidiary.
Operation commencement
RENOVA monitors the status of operation and carries out maintenance and inspection of facilities.
Linkage with locals (organization of tours)
Suigo-Itako Solar Co., Ltd. has constructed an observation platform from which people can view the power plant at Roadside Station Itako. It provides local elementary and junior high schoolchildren with opportunities to lean about renewable energy on study tours.