4 FAQs about Solar Power Station Contracting Agreement

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.

What is the term of a solar project agreement?

The term of this agreement runs from when the developer accepts this agreement and finishes on the date that the developer completes the project. You may use our free Scope of Work (SoW) template to streamline your solar project task setting and its completion. The initial term of the Agreement would commence on (Enter date).

Is a contract price a factor in the bankability of a solar project?

Price is also a consideration but is usually considered separately from the bankability of the contract because the contract price (or more accurately the capital cost of the solar facility) relates to the bankability of the project as a whole.

What is a solar development agreement template?

Use the solar development agreement template when an individual or business wants to develop a solar power project on their property. This agreement outlines the responsibilities of each party as it relates to the project. Our free template lets you ensure that both parties' rights are protected and that no important details are missed.

View/Download Solar Power Station Contracting Agreement [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.

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