Similar to our Owner’s Engineer services, Meventus offers technical advisory to financing parties during project construction and operation to ensure projects are executed according to contract and to the highest quality standards, while ensuring the lender’s interests are properly represented throughout the entire process.
Archives: Services
Service Contract Renegotiation
As wind farms near the end of service agreements or experience provider dissatisfaction, Meventus is here to help. With a strong track record in contract negotiations, including third-party providers, and experience as Lenders Technical Advisors (LTA), we secure favorable exit conditions, renegotiate extensions, and identify new service partners to boost your wind farm’s performance.
RFQ Preparations
We prepare detailed Requests for Quotations (RFQs) to ensure smooth procurement, enhance tender comparability, and maximize competition. Our RFQs balance technical requirements and core capabilities, including technical, commercial, and contractual specifications, references to relevant standards, and clear timelines. This approach helps potential suppliers accurately understand our clients’ needs and submit competitive bids.
Tender Evaluations
Meventus conducts thorough evaluations of submitted tenders using a proprietary matrix model that combines quantitative and qualitative criteria. Our rigorous process assesses factors such as cost of energy, capex, opex, technical performance, track record, contract conditions, commitment, financial strength, and cold climate capabilities (when needed) to ensure our clients make informed decisions.
Measurement Campaign Tender
Leveraging years of experience as a former measurement installer, we deeply understand relevant contract requirements from both supplier and purchaser perspective. Meventus assists measurement procurements in all phases, from drafting tender documents to evaluating proposals, ensuring our clients receive accurate and reliable measurements at competitive prices.
BoP Procurement
Meventus manages Balance of Plant (BoP) procurement for renewable energy projects, emphasizing efficiency and quality through a structured approach similar to wind turbine procurement. We source essential equipment and services while optimizing costs and timelines, ensuring seamless integration with wind turbine processes to maximize value for our clients.
LCOE Analysis
Meventus Levelized Cost of Energy (LCOE) analyses leverage our market knowledge of turbine, service and ancillary contracts to evaluate the economic viability of renewable energy projects while considered all relevant capital (CAPEX) and operational (OPEX) expenses and energy production forecasts, providing our clients with valuable insights to support their financial investment decisions.
Turbine & Service Pricing
With 15+ years of procurement experience and a comprehensive Nordic turbine and service contract pricing database, Meventus delivers in-depth analyses of pricing trends. Our insights help optimize project budgets and support investment decisions. By considering market dynamics, supplier strengths, and emerging trends, we empower clients to make informed choices and maximize project efficiency.
Power-To-X
Our Power-To-X market research in the emerging field of converting renewable energy into hydrogen or other energy storage is focused on aligning procurement activities with a dynamic supply chain, where managing the complex interface of different market segments, mostly in early-stage technology maturation and readiness, is paramount to project success.
Independent Service Provider Selection
Leveraging our active presence in the Nordic renewable energy sector, Meventus provides rigorous evaluations of independent service providers to ensure quality and reliability in the services they offer. Our process considers expertise, track record, and adherence to industry standards, providing clients with confidence that their service provider selection contributes to optimal project performance.