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Prepaid Solar Power Purchase Agreement
"I need a Prepaid Solar Power Purchase Agreement for a 500kW commercial rooftop installation in Manchester, with installation scheduled for March 2025 and specific provisions for export credits to the national grid."
1. Parties: Identification of the solar system provider and purchaser
2. Background: Context of the agreement, including property details and system specifications
3. Definitions: Key terms used throughout the agreement including relevant regulatory and legislative definitions
4. System Description: Detailed specifications of the solar system to be installed
5. Purchase Price and Payment Terms: Prepayment amount, payment schedule, and related financial terms
6. Installation: Installation process, timeline, and requirements
7. Performance Guarantees: Expected system output and performance warranties
8. Maintenance and Operation: Ongoing maintenance responsibilities and operational requirements
9. Term and Termination: Duration of agreement and termination provisions
1. Export Credits: Terms relating to excess power exported to grid and Smart Export Guarantee (SEG) scheme requirements
2. Insurance: Insurance requirements and coverage details for the solar system and installation
3. Environmental Attributes: Ownership and trading of renewable energy certificates and REGOs
4. Battery Storage: Terms relating to battery storage system specifications and operation
1. Schedule 1 - System Specifications: Detailed technical specifications of solar system components
2. Schedule 2 - Performance Projections: Expected energy generation calculations and assumptions
3. Schedule 3 - Installation Timeline: Detailed installation schedule and milestones
4. Schedule 4 - Maintenance Schedule: Planned maintenance activities and frequencies
5. Schedule 5 - Property Details: Site plans and property documentation
6. Schedule 6 - Warranty Documentation: Manufacturer warranties and performance guarantees
7. Schedule 7 - Grid Connection Details: Technical requirements and agreements for grid connection
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