Ƶ

All Countries
Procurement
Green Power Purchase Agreement

Green Power Purchase Agreement Template for Saudi Arabia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Green Power Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Green Power Purchase Agreement

"I need a Green Power Purchase Agreement for a 50MW solar project in Riyadh, Saudi Arabia, with commercial operations starting March 2025, where the purchaser is a corporate entity requiring 100% renewable energy certification for their manufacturing facility."

Celebrated by
Collaborations with
Investors
Document background
The Green Power Purchase Agreement (Green PPA) is a crucial document in Saudi Arabia's renewable energy sector, aligned with the Kingdom's Vision 2030 goals of increasing renewable energy capacity. It serves as the primary commercial agreement between renewable energy producers and purchasers, whether corporate or utility buyers. The document is essential for projects under Saudi Arabia's National Renewable Energy Program (NREP) and must comply with ECRA regulations and Shariah law principles. This agreement type is particularly relevant as Saudi Arabia aims to generate 50% of its electricity from renewable sources by 2030. The Green PPA covers all aspects of the power purchase relationship, including energy delivery obligations, pricing mechanisms, environmental attributes, operational standards, and risk allocation. It's typically used for utility-scale renewable energy projects but can be adapted for corporate PPAs, requiring careful consideration of Saudi grid requirements and local regulatory framework.
Suggested Sections

1. Parties: Identification of the power producer and the purchaser, including their legal status and authority to enter into the agreement

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

3. Definitions: Definitions of technical, commercial, and legal terms used throughout the agreement

4. Sale and Purchase Obligations: Core obligations regarding the sale and purchase of renewable energy, including minimum purchase commitments

5. Term and Effectiveness: Duration of the agreement, conditions precedent, and effective date

6. Facility Construction and Commissioning: Requirements and timeline for constructing and commissioning the renewable energy facility

7. Operating Requirements: Operating standards, maintenance obligations, and performance guarantees

8. Metering and Testing: Requirements for measuring and verifying energy delivery and environmental attributes

9. Green Energy Certificates and Environmental Attributes: Allocation and transfer of renewable energy certificates and environmental benefits

10. Pricing and Payment: Payment terms, calculation of charges, and invoicing procedures

11. Force Majeure: Definition and consequences of force majeure events

12. Default and Termination: Events of default, cure periods, and termination rights

13. Liability and Indemnification: Allocation of risks and responsibilities between parties

14. Dispute Resolution: Procedures for resolving disputes, including Saudi law requirements

15. Governing Law: Confirmation of Saudi law application and Shariah compliance

Optional Sections

1. Change in Law: Provisions addressing changes in regulatory framework, used when regulatory environment is uncertain

2. Grid Connection: Details of grid connection requirements, included when seller is responsible for grid connection

3. Insurance: Specific insurance requirements, included for larger projects or when required by financiers

4. Security Arrangements: Performance bonds or other security requirements, included for larger projects

5. Local Content Requirements: Saudi local content obligations, included when project falls under specific government programs

6. Step-in Rights: Lender step-in provisions, included when project financing is involved

7. Capacity Expansion: Rights and procedures for expanding facility capacity, included for scalable projects

Suggested Schedules

1. Facility Description: Technical specifications of the renewable energy facility

2. Testing and Commissioning Procedures: Detailed procedures for facility testing and commissioning

3. Operating Parameters: Technical parameters for facility operation and maintenance

4. Metering Specifications: Technical requirements for metering equipment and procedures

5. Pricing Formula: Detailed pricing calculations and adjustment mechanisms

6. Performance Standards: Specific performance requirements and guarantees

7. Form of Performance Security: Template for required performance bonds or guarantees

8. Grid Connection Requirements: Technical specifications for grid connection

9. Environmental and Social Requirements: Environmental compliance and social responsibility obligations

10. Form of Direct Agreement: Template agreement between lenders, purchaser, and seller

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 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

Renewable Energy

Utilities

Infrastructure

Manufacturing

Industrial

Commercial Real Estate

Mining

Oil & Gas

Technology

Financial Services

Relevant Teams

Legal

Energy Trading

Sustainability

Operations

Commercial

Finance

Risk Management

Environmental Compliance

Technical Operations

Regulatory Affairs

Project Development

Treasury

Corporate Strategy

Procurement

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Head of Energy

Renewable Energy Director

Project Finance Manager

Commercial Director

Sustainability Manager

Power Purchase Manager

Environmental Compliance Officer

Technical Director

Grid Connection Manager

Contract Manager

Risk Manager

Operations Director

Legal Counsel

Energy Trading Manager

Regulatory Compliance 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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Residential Solar PPA

Saudi Arabian law-governed agreement for residential solar power purchase arrangements, defining installation, operation, and electricity purchase terms between solar providers and homeowners.

find out more

Power Purchase Agreement Renewable (Energy)

Saudi Arabian-governed agreement for the purchase and sale of renewable energy, complying with local regulations and Vision 2030 requirements.

find out more

Corporate Ppa Renewable (Energy)

A Saudi Arabian law-governed agreement for corporate procurement of renewable energy, establishing terms for long-term power purchase between generators and corporate buyers.

find out more

Power Purchase Agreement Solar

Saudi Arabian-governed agreement for the sale and purchase of solar-generated electricity, aligned with local renewable energy regulations and Vision 2030 objectives.

find out more

Green Power Purchase Agreement

A Saudi Arabian law-governed agreement for the sale and purchase of renewable energy, incorporating local regulatory requirements and Shariah principles.

find out more

Virtual Power Purchase Agreement

A Saudi Arabian law-governed financial contract between a renewable energy generator and corporate buyer for virtual electricity procurement, settling price differences between agreed and market rates.

find out more

Renewable Energy Agreement

A Saudi Arabian law-governed agreement for renewable energy project development, operation, and maintenance, aligned with Vision 2030 requirements.

find out more

Commercial Power Purchase Agreement

Saudi Arabian-governed agreement for the commercial sale and purchase of electrical power between a generator and buyer, incorporating local regulatory requirements and Sharia principles.

find out more

Direct Power Purchase Agreement

A Saudi Arabian law-governed agreement for direct electricity sale between power producers and corporate buyers, establishing terms for power supply, pricing, and operational requirements.

find out more

Power Purchase Contract

A Saudi Arabian law-governed agreement for the sale and purchase of electrical power between a generator and purchaser, incorporating local regulatory requirements and market conditions.

find out more

Physical Power Purchase Agreement

Saudi Arabian-governed agreement for the sale and purchase of electrical power between a generator and off-taker, including delivery terms, pricing, and regulatory compliance.

find out more

Power Sale Agreement

A contract governed by Saudi Arabian law regulating the sale and purchase of electrical power between generator and purchaser, including delivery terms, pricing, and operational requirements.

find out more

Power Offtake Agreement

A Saudi Arabian law-governed agreement establishing terms for power sale and purchase between generator and offtaker, including commercial and technical requirements.

find out more

Power Supply Agreement

A Saudi Arabian law-governed agreement establishing terms and conditions for electrical power supply between generator and purchaser, including delivery, pricing, and operational requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.