Independent Engineering
Torsh Consulting provides comprehensive Independent Engineering (IE) services for utility-scale Battery Energy Storage Systems (BESS) in South Africa and beyond. Our IE services cater to developers, lenders, investors, and asset owners by ensuring technical, financial, and operational risks are effectively assessed and mitigated.
We offer two primary levels of IE services tailored to project needs:
Red Flag Review (RFR) – A high-level risk assessment designed for time-sensitive reviews and critical decision-making.
Technical Due Diligence (TDD) – A full-scale assessment for pre-financial close (FC) projects or mergers and acquisitions (M&A).
Technical Due Diligence (TDD)
Our Technical Due Diligence service provides a thorough examination of a BESS project’s design, feasibility, and risks. We assess key project elements to support financial close, acquisitions, or investment decisions.
TDD SECTION
SCOPE OF REVIEW
HOURS
Site and Permitting Review
Land use approvals, permitting status, environmental compliance.
8
Technology Review
Battery chemistry, degradation modelling, warranty assessment, system integration.
12
Design and Engineering
System architecture, PCS design, thermal management, safety compliance.
10
Grid & Interconnection Review
Grid connection feasibility, compliance with grid codes, interconnection agreements.
10
Revenue and Market Analysis
Revenue streams, market participation, tariff structures, contract reviews.
10
Project Execution & EPC Review
EPC contracts, construction plan, commissioning strategy, supply chain risks.
8
Operations & Maintenance (O&M) Review
O&M strategy, asset management, performance guarantees.
8
Financial Model Review
CapEx, OpEx, debt structuring, insurance, financial sensitivity analysis.
12
Risk Assessment & Mitigation
Identification of key project risks and mitigation strategies.
10
Total Estimated Hours: 88 hrs. Based on an average hourly cost of R1 300.00.
Red Flag Review (RFR)
For clients requiring a fast-track risk assessment, our Red Flag Review (RFR) provides a streamlined evaluation of critical project risks. This review is suitable for M&A transactions, early-stage investments, and urgent decision-making. The RFR highlights major risks and provides high-level recommendations.
RFR SECTION
SCOPE OF REVIEW
HOURS
Site & Permitting
Quick assessment of permitting status and land risks.
4
Technology & Design
High-level review of BESS technology, integration risks.
6
Design and Engineering
System components, including inverters (PCS), enclosures, balance-of-plant, and SCADA.
5
Grid & Interconnection
Identification of interconnection risks, grid code compliance review.
5
Revenue & Market
Identification of key revenue and market participation risks.
5
EPC & O&M Risks
Contract structure, major execution risks, operational viability.
5
Financial & Risk Summary
High-level review of financial model and key risk exposure.
6
Total Estimated Hours: 36 hrs. Based on an average hourly cost of R1 300.00.