Solar Energy Project Business Cooperation Agreement

Do open solar contracts include a template governing project development?

At this point, the Open Solar Contracts do not include a template governing project development, which is directly linked to authorisation regulations, land arrangements, and corporate and equity documentation, which are jurisdiction specific. The Open Solar Contracts cover the key documentation on both the demand side and the supply side.

What is a cooperation agreement?

Solutions Ltd. A cooperation agreement states the rights and responsibilities of the individual companies entering into a cooperative relationship.

What is a solar contract?

Solar Contracts are fine-tuned for small and medium-sized, grid-connected solar PV projects. Standardised contracts include: Power Purchase Agreement, Implementation Agreement, O&M Agreement, Supply Agreement, Installation Agreement and Finance Facility Term Sheet. These are complemented by the Implementation Guidelines.

How do open solar contracts work?

The Open Solar Contracts assume that oftake is guaranteed in some form. The PPA provides for a liquidity support and, ultimately, the termination of the PPA triggering a government event of default. The project company can then sell the project assets at a price that covers the debt repayment.

What is a PV installation agreement?

The Installation Agreement is a lump-sum agreement between the project company, as owner of the project, and the installation contractor, the contractor that will be responsible for installing the PV system, providing the balance of plant and commissioning the plant.

What is SPGA Implementation Agreement?

The Implementation Agreement is the root contract whereby the government concessions to the project company the right to develop, build and operate the SPGA and procures the buyer to purchase the power from the project company under the PPA.