“We have reviewed our technical specifications to make sure we cater to more extreme weather, which is now becoming more and more common during the construction and commissioning phase,” with Verdant working to international standards to ensure project bankability and using AI-enabled asset management systems to optimise operation and plant performance.
Alan Yau participated alongside fellow developer Ruth Briones, chair, president & CEO of Greenergy Solutions, lawyer Samata Masagee from Clyde & Co, and climatologist Brendan Larson, co-founder and CEO of climate risk consultancy AbsoluteClimo. The panel was moderated by me, Energy-Storage.news editor Andy Colthorpe.
Briones, whose firm has deployed solar PV projects in the Philippines and is now developing a 2GW portfolio of hybrid solar-plus-storage in the ASEAN country, noted that even during the worst disasters, none of Greenergy’s assets has been “affected or destroyed.”
Nonetheless, the Greenergy CEO said, risk assessment and mitigation planning for BESS should be done as early as possible and run in parallel with environmental impact assessments.
With projects in Southeast Asia subject to demanding climate conditions, including high heat and humidity, when it comes to Capex and Opex modelling, Verdant Energy, which is also an investor in its projects, tries to “build upfront resilient investment,” Alan Yau said.
