Investor Technical Advisory

De-risking investments with proven technology expertise

Romax InSight offers a powerful combination of practical experience and analytical expertise. With over 25 years’ experience in delivering engineering services for rotating machinery, we provide analysis, practical engineering solutions, whole turbine inspections and wind farm monitoring services to owners and operators looking to optimise maintenance costs and extend the life of their assets.

 

 

OUR SERVICES

 

Wind Turbine Technical Review and O&M Cost Forecasting

Technology assessment services for wind turbines to help owners, investors and insurers understand the future performance of their assets.

Together with a long-term O&M cost forecast based on a large database of failure rates to create site specific and turbine specific models, providing an essential tool for planning the O&M strategy across a project's lifetime.

 

Wind Farm Health Assessment

Technology risk mitigation using detailed analysis of operational data to provide a snapshot of your asset's condition. Identify defects 12+ months before components needs to be replaced and benchmark the site's performance to assist with long-term O&M budget planning. 

Quality Control, Inspections and Field Services

InSight's team of experts support you with quality control and quality assurance (QA/QC) services to ensure that you are receiving the highest quality equipment from your suppliers. Understand the health of your assets and identify defects early; allowing you to negotiate better deals and make effective warranty claims before it is too late.

Life Extension and Re-Powering

The design life for a wind turbine is typically 20 years. Operating beyond 20 years requires a careful assessment of the risks and costs involved.

Towards the end-of-life for a wind farm, it may be effective to re-power the fleet and replace turbines with newer, more powerful models. Alternatively, some owners and investors wish to increase the lifespan of their turbines, and need to understand how safely and economically they can operate the turbine past its life design.

InSight provides the technical analysis and cost modelling to support investors and owners through this transition so that they understand the benefits and potential risks.

                                 

                                                                                                               

Example: What is the best turbine for my project?

 

    A wind farm financier/owner has to know the following information in order to plan for the project success in the most realistic way:

 

  • What elements of technology do I need to worry about?
  • What do I need to put in my Turbine Supply Agreement or contract with the service provider?
  • What do I need to know during operation to ensure high availability and how much will it cost?
  • What should I plan to spend and why?
  • Will my assets last beyond the 20 year design life and what do I need to do to make sure they do?

 

Romax InSight has helped to answer these questions on over 10 GW of assets worldwide using design expertise, operational data and historical failure rates accumulated over many engineering projects for onshore and offshore wind farms.

 

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