DOCUMENTS, CERTIFICATES AND OTHER PAPERS
required for construction of wind farm

Meteorological data:

●  Provisional wind velocity direct measuring by anemometer and through ultrasound facility for preliminary test of the area; construing rouse of wind.

●  Representative wind velocity direct measuring by anemome-ter on 10 m, 30 m and up to 80 m height on discrete of each 10 min and cross reference of averaged covering of one-year period; the temperature and humidity of the air for monthly one year average measured all above mentioned data obtained by, compared with the information delivered by the Metrological Centers of both the Bulgarian and Texas (U.S.A.) Air Forces.

Software extrapolation of the physical data for the period of 10 years.

Environmental Study with Excel-based Time-table Pro-forma Budgeting of cash flows with profitability evaluation and sensitivity analyzes concerning the wind velocity fluctuation risk factor on annual bases.

Land procurement (the land in Bulgaria is still the cheapest in EU).

Change of the objective of the land, e.g. from agricultural into industrial use.

Design for optimal location of the wind turbines with horizontal ral into axes (HAWT) in the construction site. Updating the business plan in compliance of the number and the installed wind turbine power.

Charter of local Project Company for co-development of the project (i) with a financially strong joint-venture partner who is more readily able to raise the necessary finance or/and (ii) with the local municipality that will provide the joint ownership of the land or/and (iii) with eec for strong op-eration of the business reducing the rick to the sponsor and for further development.

Permission for starting industrial design, construction and other certificates such as refering the ecology impact, bird protection, etc.2

Engieering design.

 

SWOT analyzes of two alternatives for funding, including the 100% of the price of equipment - loan from Fund for Energy Development of the U.S. government, provided through Ex-Im Bank of the United States and USAID (United States Agency for International Development), or Grand Scheme of the EBRD (this resource is temporary blocked as the fuds extended to Bulgaria are then run out).

 Purchase order (contract) for buying the power generated with the state-owned enterprise on the fixed price in compliance with the Law of Energetic id the most important deed.

  Acquisition of land. There are three options of land acquisition in Bulgaria, as follows:

1) Buying the right of construction1

2) Buying the right of use on the land2

3) Ownership of land3