Innovative Wind Energy, Inc
Jacksonville, Florida, United States

Innovative Wind Energy, Inc. (IWE) is a wind energy consulting company focused on all aspects of wind project design.  Services range from Prospecting, Wind Resource Assessment, Wind Measurement, Siting, Project Engineering, and Financial Assessment.  IWE has consulted on wind and wind/solar/diesel projects in US, Caribbean, Mexico, Indonesia, Mongolia, Philippines, and Sri Lanka.  IWEs clients (direct contractor or subcontractor) include Asian Development Bank, United Nations Development Programme, US Agency for International Development, US Trade Development Agency, US Department of Energy, and private sector developers. 

 Primary areas of expertise include:

• Wind measurement and wind resource assessment
• Prospecting for sites for wind projects
• Grid integration studies for interconnecting wind and solar projects
• Wind energy engineering
• Wind energy policy

IWE specializes in data analytics.  IWEs services in this area include

• Digitization of power sector to reduce non-technical losses, improve system operations/dispatching, improve situation awareness
• RE and load forecasting using sophisticated statistical and machine learning algorithms
• Processing large amount of module/turbine level generation data in almost real-time
• Integration with weather forecasting services for temperature, radiation, wind speed and wind direction forecast
• IoT and data analytics for predicting failure of components and sub-systems of generators and substations
• Instrumentation and analysis of foundation vibration and movement
• Analysis of condition monitoring data

Forte of IWE is Bankable Wind Resource Assessment.  IWE uses the best science in the wind industry to create bankable wind assessment.  IWE Resource Assessment includes

• Detailed GIS modeling of terrain and roughness
• Detailed analysis and modeling of wind data
• Accurate spatial extrapolation of wind conditions
• Accurate vertical extrapolation of wind speed
• Accurate temporal extrapolation of wind conditions using MCP
• Accurate average annual energy production
• Rigorous uncertainty modeling
• Thorough loss estimate

IWE has in-depth expertise in creating detailed and accurate financial models for wind projects. IWE is meticulous about all aspects of the financial model, with an emphasis on modeling uncertainties. IWE provides these services:

• Preliminary financial assessment
• Financing structures
• Incentives and tax considerations
• Detailed itemized cost estimates for capital costs
• Detailed estimates for recurring costs
• Overall financial performance of a wind project
• Strategies of mitigating risks
• Uncertainties in the itemized estimates of revenue and cost, and overall uncertainty including P50, P95 and P99 estimates
• Access to private equity and other forms of capital for wind projects