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The process followed by a typical TPF project, and the IDAE's involvement in each of the phases is as follows:

Technical/economic analysis:
Once a project has been identified, the relevant technical department of the IDAE conducts an initial analysis to determine the technical feasibility of the project and the energy produced. In this phase, depending on the technical nature of the projects and the envisaged economic scope of the investment, the feasibility study or taking of measurements may sometimes be contracted out, and an agreement signed between the industrialist or project developer and the IDAE. Under this contract the parties agree to implement the project if the results of the analysis are favourable.
If the results of the first approach to the project are favourable, the IDAE will proceed with a more in-depth technical and economic analysis. This will assess the energy component, its profitability, technological nature, sector, possibilities for replication, the nature of customer (SMEs, large companies, institutions, or individuals), value of the investment, form of contract, and technical and economic risk (IDAE Risk Committee).
In short, the project is designed, in technical and financial terms, according to its energy component. 

Technical/financial proposal:
Thus, once the most appropriate technical solution has been identified and the financial and legal definition of the project determined, the relevant proposal is drafted so it can be negotiated with the customer. Once accepted the relevant contractual documents are drawn up by the IDAE. The technical departments concerned are responsible for this process, with support from the "horizontal" departments: Procurement, Legal Advice, Budgets and Financial Management. 

Signing of the contract:
Once the contract has been signed with the customer, project implementation can start.
 
Project implementation:
The IDAE is responsible for the technical supervision of the project, handling procurement and financing the operation, and purchasing the equipment agreed with the customer. This process is handled by the technical departments and the Procurement, Purchasing and Services Department.
 
Project operation:
Once the investment in the equipment has been completed it can be brought into operation. At this point, the IDAE, depending on the type of project, may operate the equipment directly or hand it over to the industrialist. In either case the IDAE always provides technical support and supervision.
In this phase, logically, the tasks carried out by the administration departments regarding invoicing, collections, incidents, budgetary supervision, etc. are particularly important.

End of the IDAE's involvement:
Once the IDAE has recovered its investment hands ownership of the equipment over to the industrialist and withdraws from the project.