What we do
From Project Development to Asset Management
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Project Development & Origination
Project Development & Origination means Identification & sourcing of the best sites for our solar parks, management of planning applications, grid applications, technical plant design, property law contracts management and stakeholder management.
We hold one of the industry’s best track records of converting identified potential projects into real life projects. With an experience over more than 80 large projects, we have probably seen every potential problem in project development at least once, and we find the answers to most problems.
We hold one of the industry’s best track records of converting identified potential projects into real life projects. With an experience over more than 80 large projects, we have probably seen every potential problem in project development at least once, and we find the answers to most problems.
edpr Kronos
EPC Management
In EPC Management, we collaborate with best-in-class EPCs in the detailed plant design and construction. Effective management and quality control of the EPCs in realization. Active handling of construction related trouble shooting.
Building great solar parks is founded on magnificently developed projects, yet, construction and efficient procurement is a crucial task on its own. At Kronos, we do not consider us to be a construction company, but it is crucial to be able to effectively manage construction, to understand the ins and outs of component selection, to challenge and foster technological advancement for more cost efficient Solar Parks, and to robustly manage construction progress. Our team is focused in the technical design, multi-supplier management, technology selection, and the project construction management.
Building great solar parks is founded on magnificently developed projects, yet, construction and efficient procurement is a crucial task on its own. At Kronos, we do not consider us to be a construction company, but it is crucial to be able to effectively manage construction, to understand the ins and outs of component selection, to challenge and foster technological advancement for more cost efficient Solar Parks, and to robustly manage construction progress. Our team is focused in the technical design, multi-supplier management, technology selection, and the project construction management.
edpr Kronos
PPA Management
In PPA Management, we apply our deep know how in driving and negotiation short and long term PPAs with bankable partners, particularly in markets with merchant risk.
In our subsidy free markets like Germany and the UK, we are working with PPA partners such as Utilities or large Corporates to design fully bankable PPA contracts, fit for purpose to the underlying long-term asset owner needs, whether driven by ideal cash flow sculpturing, or debt volume maximization. In the subsidy driven markets, we complement Governmental Compensation Schemes with perfectly timed PPAs, based on our deep Market Intelligence about price curve evolvements over short and mid-term.
In our subsidy free markets like Germany and the UK, we are working with PPA partners such as Utilities or large Corporates to design fully bankable PPA contracts, fit for purpose to the underlying long-term asset owner needs, whether driven by ideal cash flow sculpturing, or debt volume maximization. In the subsidy driven markets, we complement Governmental Compensation Schemes with perfectly timed PPAs, based on our deep Market Intelligence about price curve evolvements over short and mid-term.
edpr Kronos
Financing
Financing at Kronos Solar means effective and cost competitive non-recourse financing of our solar parks with our partner banks. It also includes the provisioning of Construction Finance needs from Kronos’ in-house resources.
With ever decreasing subsidy rates and increasing merchant market risk, we are required to apply highest levels of expertise in maximising debt volumes at sustainable DSCRs, in managing power plant design to financial needs, and in overseeing internationally the most competitive lending rates at any point in time. With pension fund demands for early and steady cash flows, we are able to achieve fit-for-purpose cash flow design, by agreeing the best funding structures.
With ever decreasing subsidy rates and increasing merchant market risk, we are required to apply highest levels of expertise in maximising debt volumes at sustainable DSCRs, in managing power plant design to financial needs, and in overseeing internationally the most competitive lending rates at any point in time. With pension fund demands for early and steady cash flows, we are able to achieve fit-for-purpose cash flow design, by agreeing the best funding structures.
edpr Kronos
Operations & Maintenance
Operations & Maintenance at Kronos Solar means the effective management of technical third-party O&M suppliers, ground keepers and firm-internal managerial O&M.
The performance of our solar parks is rooted in effective, cost efficient, and highly reactive Operations and Maintenance services. With the aspiration of close to 100% power plant availability times, we are capable to design best-in-class O&M contracts that serve the need for both, plant performance and low cost of maintenance. As a further crucial ingredient to performance success, we actively seek O&M support by local farmers to retain a quick, day-by-day care & surveillance of the assets, beyond technical remote control.
The performance of our solar parks is rooted in effective, cost efficient, and highly reactive Operations and Maintenance services. With the aspiration of close to 100% power plant availability times, we are capable to design best-in-class O&M contracts that serve the need for both, plant performance and low cost of maintenance. As a further crucial ingredient to performance success, we actively seek O&M support by local farmers to retain a quick, day-by-day care & surveillance of the assets, beyond technical remote control.
edpr Kronos
Asset Management
Asset Management encompasses the Administrative Management of the parks, applying control over changing cost structures and legislation. It includes also the selective sale of Assets to the Financial Markets.
In Asset Management, we make sure that the administrative and commercial needs of the Solar Parks are met, and that opportunities for asset optimization, such as refinancing are found and realized. Where Assets are sold to Third Parties such as Pension Funds, our Finance Team is capable to run effective international Tenders, to carry our Due Diligences and Transactions at highest levels of Professionalism.
In Asset Management, we make sure that the administrative and commercial needs of the Solar Parks are met, and that opportunities for asset optimization, such as refinancing are found and realized. Where Assets are sold to Third Parties such as Pension Funds, our Finance Team is capable to run effective international Tenders, to carry our Due Diligences and Transactions at highest levels of Professionalism.