Survey On Financial Feasibility Heilongjiang Bin County Da Dingshan 49.5MW Wind Farm Project

Nowadays, energy crisis has become increasingly serious. The amount of energy consumption is huge and the consumption structure is unreasonable, which also led to environmental crisis. In this context, low-carbon economy is rising. China is devoting to change the economic development model from high-carbon economy to a low-carbon economy. Currently, wind power generation has been knows as one of the most commercial and market competitive renewable energy technologies all over the world. The development of wind power generation becomes one of the most important ways to achieve low-carbon economy. The feasibility study on wind power investment projects is carried before making investment decision. It is the in-depth and detailed research on the social, economic, technical and other aspects of conditions related to the planned project, is the technical and economic analysis and comparison to all of the possible proposed technical solutions and construction programs, and is the scientific prediction and evaluation to the economic benefits after the completion of the project. On this basis, the comprehensive research, which is on the technical advances and applicability, the economic rationality and efficiency, and the constructional possibility and feasibility of the construction project, can provide a scientific working process for making wind power investment decision. This paper is conducted to taking financial feasibility study on wind farm and makes evaluative conclusions about financial feasibility in the perspective of investment cost, cash-flow, investment risk and other aspects of the project.Based on the discussion of the theory of financial feasibility study, this paper, taking the Bing County Da Ding Mountian 49.5MW wind farm project in Hei Longjiang Province as an example, took survey on the financial feasibility in the perspective of investment cost, cash-flow and financial evaluation of the project, made evaluative conclusions about the project's feasibility in the aspect of investment risk analysis and risk prevention, and lastly made the analysis and judgment of the project's feasibility from a point view of finance. Hope the systematical discussion of this paper could provide some references to other wind farm projects'financial feasibility study.