SCOPE OF WORK
Full feasibility study for the development of a wind farm in Somaliland
The consortium Somaliwind, including THINK GLOBAL as one of the 3 founding partners, has realized, starting in 2020:
•A complete Technical Assessment, involving data mining, data analysis and on-site survey;
•A comprehensive Market Survey;
•A preliminary Design;
•A financial Feasibility Study.
THINK GLOBAL brought into the project its consolidated experience of the local context and lead, among other tasks, the signature process of the MoU with the local Ministry of Energy and Minerals.
One of the main challenges of the project is the very poor distribution network in the city and in the country; but still, due to the unprecedented wind potential, the project-designed in 2 modular and self standing phases- has resulted fully feasible.
Moreover, the combination of current unsustainable cost of energy and extremely low production cost by wind power gives a terrific contribution margin to the project for selling the energy through both B2B and B2C channels.