Origination & Development

Overview

The pace and scale of clean energy technology deployment continue to outstrip industry forecasts. However, progress is uneven across different global regions and technologies, and investment levels are still below the level needed to reach net-zero emissions by 2050.

In the decades ahead, solar and battery energy storage projects will continue to boom in many markets, but in others, the story will also center heavily around onshore and offshore wind energy. Green molecules and power-to-X projects will play a key role in decarbonizing so-called “hard-to-abate” heavy industries, and transformation and investment in global power grids will be needed to support this new generation.

With the increasing saturation point of development projects in mature markets and a whole new set of complexities to navigate in emerging markets, project developers and investors require an increased level of thoroughness when screening for new sites and evaluating those with the highest probability of success.
From prospecting for new sites to risk analysis and valuation support for potential acquisitions to providing a complete development services solution for our clients, the CoralPoint team can lean in at whatever level is required. Our team has originated GWs of successful new projects globally, covering wind, solar, BESS, and demonstration projects for emerging technologies.

We combine our deep knowledge of local markets with proven methodologies and the most advanced proprietary tools to deliver a one-stop solution for our clients.

Sub-Services

Our origination and development services include:

Country-level Screening

With our global team of experts active in international markets for decades, we’re able to evaluate the attractiveness of any country in the world against criteria that CoralPoint jointly develops with its clients.

Site Identification

Many of our staff come from development backgrounds and so are able to expertly screen and rank sites in any jurisdiction using CoralPoint’s rigorous and trusted methodologies.

Cost Analysis

Cost of energy is an essential question. We are able to build up estimates of the Levelized Cost of Energy (LCoE) using our deep experience and in-house tools for projects of all kinds at locations near and far.

Concept and Feasibility Studies

Drawing upon our technical backgrounds, we can produce conceptual designs and feasibility studies that allow projects to move through to the next stage of engineering and development.

Energy Assessment

Using state-of-the-art methods, our technical experts generate industry-leading estimates of wind and solar energy resources across every timescale and any geography around the world.

Development Services Partner (DSP)

We’re experienced in working alongside developer-clients to assist them in securing concession; performing site surveys; conducting resource assessments; responding to offtaker Request for Proposals (RFPs); building regulatory capacity; and engaging with stakeholders.

Case Studies

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Development Services (Wind), Europe and USA

CoralPoint team members led the origination and development of a portfolio of wind projects across Europe and the USA for a private-equity backed developer

Gareth Lewis

Chief Commercial Officer

Gareth Lewis is a Senior Advisor with CoralPoint based from the UK. Gareth is a technically skilled and highly successful renewable energy practitioner, with deep experience of large-scale offshore wind project development, M&A, and execution. Gareth has been involved from the very beginning of offshore wind globally and has spent over 20 years at the forefront of the industry. He led the development of the 4.2 GW Dogger Bank offshore wind farm for the Forewind Consortium (SSE, RWE, Equinor, Statkraft) as well as serving as project director on numerous other projects. In 2015 he joined The Renewables Consulting Group (RCG) where he was Managing Director for Asia Pacific and advised power and finance sector clients across many different jurisdictions. Following the acquisition of RCG by ERM, Gareth was a Partner in Renewables, and Global Lead for Development Services. Gareth holds degrees in Marine Biology and Underwater Engineering & Technology.

Chris Clement-Jones

Regional Lead – EMEA

Chris Clement-Jones has over a decade of experience in M&A, finance, and development of major energy infrastructure projects worldwide. With a strong foundation in technical due diligence and project development, Chris has held leadership roles across the value chain—working with lenders, investors, and developers to advance both offshore and onshore wind capacity. His expertise spans offshore wind economics, planning, risk management, and stakeholder engagement. Before joining CoralPoint, Chris served as Development Lead at Havfram, where he managed bid tenders and joint venture origination efforts across Europe. Prior to this he led the Offshore Wind team at UL, specialising in Owners Engineering and Technical Due Diligence. Chris holds a Master’s degree in Mechanical Engineering from the University of Strathclyde.

Doug Pfeister

Co-Regional Lead, Americas

Doug Pfeister has spent his 30-year career in the US pioneering offshore wind, accelerating the growth of renewable energy more broadly, and advancing environmental causes. Most recently, Doug finished three-and-a-half years as a Partner at the global consultancy ERM leading its renewables advisory practice in the US. Ten years ago, he co-founded The Renewables Consulting Group (RCG) with other directors in the UK, putting the business in the vanguard of companies exporting offshore wind expertise to the US and building the American industry from the ground up. He got his start in offshore wind 20 years ago with Bluewater Wind, a developer that secured the nation’s first federal offshore wind lease, off the coast of Delaware, alongside a 200 MW offtake agreement with the state’s electric utility, Delmarva Power & Light, and in 2010 started the country’s first offshore wind trade association, the Offshore Wind Development Coalition. Doug is a graduate of Stanford University (Bachelor of Arts in Economics, International Relations (with Honors), 1993) and Yale University (Master of Environmental Management, 2000).