Tags: Trading Terms Fixedtype

4 FAQs about Trading Terms for Fixed-Type Photovoltaic Containers Used in Environmental Protection Projects

Do solar projects need an EPC contract?

In our experience, most utility-scale solar projects use an EPC Contract. An operation and maintenance agreement: This is usually a medium- to long-term Operating and Maintenance Agreement (O&M Agreement) with an Operator. The term of the O&M Agreement will vary from project to project.

Can a solar project be financed without a long-term PPA?

While the wind power market has matured significantly in the past five years, leading to the successful project financing of “merchant” projects in the absence of long-term PPAs, Solar Projects are generally not yet able to be project financed in such a manner.

What is a consumption based Greenpower contract?

Consumption-based (bundled) GreenPower purchased through a retailer generally corresponds with the RE100 definition of a retail contract with supplier, though some consumption-based GreenPower products may fit the project-specific contract with supplier definition.

What types of securities can be delivered by EPC service provider?

The securities can take the form of advance payment bonds, performance bonds and warranty bonds, of 5-10 % of the contract price, to be delivered by the EPC service provider to secure the relevant payments of the relevant LDs or the performance of the relevant works

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