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PPA Agreement Solar

PPA Agreement Solar Template for Philippines

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Key Requirements PROMPT example:

PPA Agreement Solar

"I need a Solar PPA Agreement for a 5MW rooftop installation on our manufacturing facility in Manila, where we will be the power purchaser, with commercial operations planned to start in March 2025, and we want to include specific provisions for potential system expansion in the future."

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Document background
This Solar PPA Agreement template is designed for use in the Philippine market where renewable energy adoption is growing under the framework of the Renewable Energy Act of 2008. The document is essential for businesses and organizations looking to implement solar power solutions through a power purchase agreement structure, where a developer builds and operates a solar facility to supply power to a purchaser. The agreement covers all crucial aspects required by Philippine law and regulatory authorities, including technical specifications, pricing mechanisms, operational requirements, and compliance with local regulations. It is particularly relevant given the Philippines' push towards renewable energy adoption and the government's target to increase renewable energy in the power generation mix. The template incorporates requirements from the Energy Regulatory Commission (ERC) and addresses specific local market conditions and regulatory requirements unique to the Philippine energy sector.
Suggested Sections

1. Parties: Identification of the Power Producer (Solar Provider) and the Power Purchaser, including their legal details and representatives

2. Background: Context of the agreement, including the project overview, facility location, and regulatory framework

3. Definitions and Interpretation: Detailed definitions of terms used in the agreement and rules of interpretation

4. Sale and Purchase of Energy: Core provisions regarding the sale and purchase of solar power, including commitment to purchase

5. Term and Termination: Duration of the agreement, conditions for renewal, and termination circumstances

6. Construction and Installation: Requirements and timeline for the construction and installation of the solar facility

7. Testing and Commissioning: Procedures for testing and commissioning the solar facility before commercial operation

8. Operation and Maintenance: Responsibilities for operating and maintaining the solar facility

9. Metering and Billing: Requirements for energy metering, billing procedures, and payment terms

10. Power Producer Obligations: Key obligations and commitments of the solar power producer

11. Power Purchaser Obligations: Key obligations and commitments of the power purchaser

12. Representations and Warranties: Standard and specific warranties from both parties

13. Force Majeure: Definition of force majeure events and their consequences

14. Default and Remedies: Events of default and available remedies for both parties

15. Dispute Resolution: Procedures for resolving disputes, including arbitration provisions

16. Governing Law: Specification of Philippine law as governing law and relevant jurisdictional matters

Optional Sections

1. Lender's Rights: Required if project financing is involved, covering step-in rights and lender protection provisions

2. Insurance: Detailed insurance requirements if not covered in schedules

3. Environmental Credits: Allocation of renewable energy certificates and environmental attributes if applicable

4. Change in Law: Provisions dealing with regulatory changes affecting the project

5. Site Access and Security: Required if the solar installation is on the purchaser's property

6. Grid Connection: Required if grid connection responsibilities need specific allocation between parties

7. Performance Guarantees: Optional section for specific performance warranties and liquidated damages

8. Buy-Out Options: Include if early purchase options for the system are to be provided

Suggested Schedules

1. Technical Specifications: Detailed specifications of the solar facility, including capacity, equipment, and design

2. Energy Production Estimates: Projected energy output and performance parameters

3. Pricing and Payment Terms: Detailed pricing structure, tariffs, and payment mechanisms

4. Site Description: Details of the installation site, including drawings and access rights

5. Testing and Commissioning Procedures: Detailed procedures for testing and commissioning

6. Performance Standards: Minimum performance requirements and measurement methods

7. Operation and Maintenance Procedures: Detailed maintenance schedules and operational procedures

8. Form of Performance Security: Template for performance bonds or other security instruments

9. Insurance Requirements: Detailed insurance coverage requirements for both parties

10. Interconnection Requirements: Technical requirements for grid connection and interconnection

11. Emergency Procedures: Protocols for emergency situations and system shutdown

12. Permits and Authorizations: List of required permits and responsible parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





































































Clauses











































Relevant Industries

Energy & Utilities

Renewable Energy

Manufacturing

Commercial Real Estate

Industrial

Agriculture

Healthcare

Education

Retail

Banking & Finance

Technology

Mining

Food & Beverage

Relevant Teams

Legal

Finance

Operations

Procurement

Facilities Management

Risk Management

Sustainability

Commercial

Technical

Environmental Compliance

Project Management

Property Management

Energy Management

Contract Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

General Counsel

Energy Procurement Manager

Sustainability Director

Facilities Manager

Operations Director

Project Manager

Contract Manager

Risk Manager

Environmental Compliance Officer

Technical Director

Chief Technology Officer

Finance Director

Commercial Director

Property Manager

Energy Manager

Legal Counsel

Procurement Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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