Our Goal
The project aims to evaluate the technical and economic feasibility of developing sustainable and affordable green energy solutions by combining solar power generation with battery storage systems. The goal is to provide reliable, zero-carbon electricity to a range of customers, while optimizing energy use through off-peak storage. The study seeks to identify optimal locations, assess potential suppliers and develop a procurement and implementation strategy that aligns with long-term sustainability and cost-efficiency objectives.
Success will be measured by achieving a positive feasibility outcome for at least one pilot location (viable Funding structure, CAPEX, OPEX, IRR and payback period), demonstrating a carbon-neutral energy profile for the proposed setup and developing a procurement strategy that ensures quality, reliability and scalability.
Key Assumptions include stable regulatory frameworks supporting renewable energy deployment, continued decline in solar and battery costs and availability of suitable land for installation. Major risks involve supply chain volatility, technology performance variability and potential delays in permitting or grid connection. The feasibility study will incorporate risk mitigation strategies to address these uncertainties.
Deliverables
1
Site Selection and Ranking
Identification and evaluation of optimal location for Solar PV and Battery Energy Storage Systems (BESS) deployment
2
Technology Recommendation
Selection of suitable solar and battery technologies, including supplier assessment
3
Business Model and Offtaker Strategy
Definition of target clients, pricing structure and commercial structure
4
Funding and Partnership Options
Overview of possible financing mechanisms and collaboration models
5
Preliminary Business Plan
Integrating technical, financial and commercial findings into a coherent investment proposal
Our Guiding Principles
Sustainability & Circularity
Aligning with zero-carbon principles and considering the entire life cycle of PV and BESS
Responsible Sourcing
Circular procurement and responsible sourcing will guide all supplier evaluation and technology selection
Market Diligence
Conducting meetings with suppliers and industry stakeholders to gather first-hand market and performance data
Data-Driven Collaboration
Collaborating with AI and data analytics experts to support location screening, optimization, and forecasting
Strategic Partnerships
Engaging with green energy funds and financial institutions to assess financing opportunities
Confidentiality
Handling all information in accordance with company and academic confidentiality agreements
Motivation
As Hero Engineering AS company is already dedicated to energy transition and global electrification, this project represents Hero’s dream and future vision, moving from contributing to enabling the renewable initiatives to actively developing and leading new sustainable energy solutions. The motivation is to strengthen the role as a developer of integrated solar and storage projects, creating affordable energy for communities.
The introduction of storage is real change Hero Engineering wants to drive, transforming intermittent renewables into reliable, round-the-clock clean power. Supported by an amazing C-suite team that inspires her, this project reflects both Hero’s personal conviction and company's ambition to create something unique and scalable. Through the ICP, we aim to consolidate this vision into a concrete, investment-ready project that advances both our business and gives green energy back to society and, one day, to create a truly sustainable island powered entirely by renewable energy and storage. We are determined to open a door toward the future.
IESE Impact
This project directly contributes to IESE´s 3 pillars by addressing one of the most urgent global needs: clean, affordable and reliable energy.
Through the development of integrated solar and storage solutions, the project supports the creation of a sustainable energy model with minimum environmental impact and maximum social benefit. By providing stable, renewable power, it enables better living conditions for communities.
From an entrepreneurial perspective, the project aims to design a new business model for energy generation and storage, one that combines financial viability with environmental responsibility. It reflects a hands-on approach to building a real, scalable business that advances both economic opportunities and sustainability goals.
Finally, the project incorporates a digital mindset, leveraging AI and data analytics for site selection, performance optimization and predictive maintenance. In doing so, it integrates technology, entrepreneurship and sustainability into a single initiative that contributes to the global transition toward a cleaner and more resilient energy future.
