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Green Power Purchase Agreement
"I need a Green Power Purchase Agreement for a new 50MW solar facility in Johor, Malaysia, where my company will purchase 100% of the output for 20 years starting March 2025, with specific provisions for environmental attributes and carbon credits."
1. Parties: Identification of the power producer and the power purchaser, including their legal status and registered addresses
2. Background: Context of the agreement, including project overview, facility location, and regulatory framework
3. Definitions: Detailed 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 Termination: Duration of the agreement, conditions for renewal, and termination rights
6. Facility Requirements: Technical specifications of the renewable energy facility and maintenance obligations
7. Delivery Point and Title: Specification of energy delivery point and transfer of title
8. Metering and Testing: Requirements for measuring delivered energy and testing procedures
9. Price and Payment: Pricing structure, payment terms, and billing procedures
10. Environmental Attributes: Ownership and trading of renewable energy certificates and environmental credits
11. Force Majeure: Events constituting force majeure and consequent rights and obligations
12. Default and Remedies: Events of default, cure periods, and available remedies
13. Dispute Resolution: Procedures for resolving disputes under Malaysian law
14. Representations and Warranties: Standard legal representations and specific technical warranties
15. Insurance: Required insurance coverage for both parties
16. Confidentiality: Protection of confidential information and permitted disclosures
17. Governing Law: Application of Malaysian law and jurisdiction
1. Construction and Development: Include for new facilities requiring construction, covering construction milestones and obligations
2. Energy Storage: Include if the facility includes battery or other storage systems
3. Grid Connection: Include if the producer is responsible for grid connection infrastructure
4. Carbon Credits: Include if carbon credits or other environmental attributes are separately traded
5. Performance Security: Include if bank guarantees or other security instruments are required
6. Land Rights: Include if the agreement needs to address land lease or access rights
7. Local Content: Include if there are specific Malaysian local content requirements
8. Change in Law: Include detailed provisions if regulatory changes are a significant concern
1. Technical Specifications: Detailed technical parameters of the renewable energy facility
2. Testing Procedures: Procedures for commissioning and performance testing
3. Pricing Formula: Detailed calculation of energy prices including adjustments
4. Performance Standards: Required performance levels and liquidated damages
5. Metering Specifications: Technical requirements for metering equipment
6. Form of Performance Security: Template for bank guarantees or other security instruments
7. Operating Procedures: Detailed procedures for day-to-day operation and maintenance
8. Insurance Requirements: Specific insurance types and coverage levels required
9. Interconnection Details: Technical specifications for grid connection
10. Environmental Compliance: Specific environmental requirements and reporting procedures
Authors
Renewable Energy
Utilities
Manufacturing
Industrial
Commercial Real Estate
Data Centers
Agriculture
Mining
Technology
Retail
Banking and Finance
Healthcare
Legal
Sustainability
Procurement
Finance
Operations
Environmental Compliance
Risk Management
Commercial
Technical Operations
Regulatory Affairs
Project Development
Chief Sustainability Officer
Energy Procurement Manager
Renewable Energy Developer
Legal Counsel
Chief Financial Officer
Environmental Compliance Manager
Project Development Manager
Power Purchase Agreement Specialist
Sustainability Director
Energy Trading Manager
Technical Operations Manager
Risk Manager
Commercial Director
Regulatory Compliance Officer
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