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Commercial Solar PPA
"I need a Commercial Solar PPA for a 2MW solar installation at our manufacturing facility in Brussels, with commissioning planned for March 2025; the agreement must include performance guarantees and specific provisions for our 24/7 operation schedule."
1. Parties: Identification of the Generator/Seller and the Commercial Customer/Buyer
2. Background: Context of the agreement, including facility location and purpose
3. Definitions: Detailed definitions of technical, commercial, and legal terms used in the agreement
4. Sale and Purchase Obligations: Core obligations regarding electricity sale and purchase, including minimum purchase commitments
5. Term and Termination: Duration of agreement, conditions for renewal, and termination rights
6. Price and Payment: Pricing structure, payment terms, invoicing, and dispute procedures
7. Metering and Billing: Requirements for measuring electricity delivery and billing processes
8. Installation and Commissioning: Requirements and process for system installation and commissioning
9. Operation and Maintenance: Responsibilities for system operation and maintenance
10. Grid Connection and Compliance: Requirements for grid connection and regulatory compliance
11. Force Majeure: Definition and consequences of force majeure events
12. Liability and Indemnification: Allocation of risks and responsibilities between parties
13. Insurance: Required insurance coverage for both parties
14. Governing Law and Dispute Resolution: Choice of Belgian law and dispute resolution mechanisms
15. General Provisions: Standard legal provisions including notices, amendments, and assignment
1. Green Certificates and Subsidies: Include when parties agree to specific allocation of green certificates or subsidies
2. Battery Storage: Include when the system includes battery storage components
3. Private Wire Arrangements: Include when system uses private wire rather than public grid
4. Multiple Delivery Points: Include when electricity is delivered to multiple customer locations
5. Change in Law Provisions: Include when specific provisions for regulatory changes are needed
6. Performance Guarantees: Include when specific performance levels are guaranteed
7. Buy-Out Options: Include when customer has option to purchase system
8. Roof Access and Repair: Include for rooftop installations requiring specific access rights
1. Technical Specification: Detailed technical specifications of the solar PV system
2. Site Description: Detailed description and drawings of installation site
3. Pricing Formula: Detailed pricing calculations and adjustment mechanisms
4. Performance Specifications: Expected output and performance parameters
5. Metering Requirements: Technical specifications for metering equipment
6. Operation and Maintenance Schedule: Detailed maintenance requirements and schedule
7. Form of Direct Agreement: Standard form for direct agreement with financiers
8. Installation Timeline: Detailed timeline for installation and commissioning
9. Grid Connection Details: Technical specifications for grid connection
10. Insurance Requirements: Detailed insurance requirements and minimum coverage
Authors
Renewable Energy
Manufacturing
Commercial Real Estate
Retail
Industrial Processing
Data Centers
Logistics and Warehousing
Healthcare
Education
Agriculture
Food and Beverage
Hospitality
Legal
Operations
Facilities Management
Finance
Procurement
Sustainability
Risk Management
Technical Operations
Business Development
Environmental Compliance
Energy Trading
Project Development
Energy Manager
Sustainability Director
Facility Manager
Commercial Director
Legal Counsel
Project Developer
Chief Financial Officer
Operations Manager
Procurement Manager
Risk Manager
Technical Director
Environmental Compliance Officer
Energy Trading Manager
Business Development Manager
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