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Corporate Solar PPA Template for United Arab Emirates

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Key Requirements PROMPT example:

Corporate Solar PPA

"I need a Corporate Solar PPA for a 5MW rooftop installation on our Dubai manufacturing facility, with construction starting March 2025 and including battery storage capabilities."

Document background
The Corporate Solar PPA is essential for businesses in the UAE seeking to transition to renewable energy sources while ensuring regulatory compliance and commercial viability. This document type has gained significance following the UAE's commitment to increase renewable energy adoption and the implementation of specific frameworks in Dubai (Shams Dubai) and Abu Dhabi. The agreement covers the entire spectrum of a solar power purchase arrangement, including technical specifications, performance standards, pricing mechanisms, and risk allocation. It's particularly relevant given the UAE's Energy Strategy 2050, which aims to increase clean energy contribution to 50% of the total energy mix. The Corporate Solar PPA includes provisions for both on-site and off-site installations, grid connection requirements, and compliance with local environmental regulations, while addressing specific requirements of UAE commercial law and energy sector regulations.
Suggested Sections

1. Parties: Identification of the Generator/Seller and the Corporate Buyer, including their legal details and authorized representatives

2. Background: Context of the agreement, including project overview and parties' objectives

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

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

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

6. Construction and Installation: Requirements and timeline for constructing and installing the solar facility

7. Testing and Commissioning: Procedures for testing the system and achieving commercial operation

8. Operating Requirements: Standards for system operation, maintenance, and performance

9. Metering and Billing: Specifications for measuring electricity delivery and billing procedures

10. Price and Payment: Tariff structure, payment terms, and adjustment mechanisms

11. Performance Guarantees: Guaranteed output levels and remedies for underperformance

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

13. Insurance: Required insurance coverage for both parties

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

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

Optional Sections

1. Grid Connection: Required for off-site installations, covering grid connection requirements and responsibilities

2. Environmental Attributes: Include when trading of renewable energy certificates or carbon credits is part of the agreement

3. Battery Storage: Required when the system includes energy storage components

4. Islamic Finance Provisions: Include when the agreement needs to be Sharia-compliant

5. Change in Law: Include detailed provisions when regulatory framework is uncertain or evolving

6. Site License: Required for on-site installations where the generator needs rights to use the customer's property

7. Buyout Options: Include if the corporate buyer has the option to purchase the system during or at the end of the term

Suggested Schedules

1. Technical Specifications: Detailed technical description of the solar PV system and components

2. Site Description: Details of installation location, including layout plans and access rights

3. Testing and Commissioning Procedures: Detailed procedures for system testing and acceptance

4. Performance Standards: Specific performance metrics, including minimum generation guarantees

5. Tariff and Payment Calculations: Detailed pricing formula and payment calculations

6. Form of Performance Security: Template for performance bonds or bank guarantees

7. Operating Procedures: Detailed procedures for system operation and maintenance

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

9. Required Permits: List of required governmental and regulatory approvals

10. Form of Direct Agreement: Template for lender's direct agreement if project financing is involved

Authors

Alex Denne

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

Relevant legal definitions

































































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Relevant Industries

Energy & Utilities

Manufacturing

Real Estate & Construction

Retail & Commercial

Healthcare

Education

Hospitality & Tourism

Industrial & Logistics

Technology & Data Centers

Financial Services

Relevant Teams

Legal

Procurement

Facilities Management

Finance

Operations

Risk & Compliance

Sustainability

Technical Operations

Environmental

Commercial

Relevant Roles

Chief Sustainability Officer

Energy Manager

Facilities Director

Chief Financial Officer

Legal Counsel

Procurement Manager

Technical Director

Operations Manager

Risk Manager

Sustainability Manager

Commercial Director

Project Manager

Environmental 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

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