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Corporate PPA Solar

Corporate PPA Solar Template for Netherlands

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Key Requirements PROMPT example:

Corporate PPA Solar

"I need a Corporate PPA Solar agreement under Dutch law for a 15-year term starting March 2025, where my manufacturing company will purchase 50MW of solar power from a newly constructed facility in Noord-Brabant, with special attention to performance guarantees and grid connection requirements."

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Document background
This Corporate PPA Solar agreement is designed for use in the Netherlands when a corporate entity wishes to purchase electricity directly from a solar power facility. It serves as the primary commercial agreement governing the long-term supply of renewable electricity, typically spanning 10-15 years. The document incorporates Dutch regulatory requirements, including compliance with the Electricity Act 1998 and relevant EU directives. It addresses key commercial aspects such as pricing, volume commitments, and delivery obligations, while also covering technical requirements specific to solar generation, including intermittency management and grid connection requirements. The agreement is particularly relevant for companies seeking to meet sustainability goals and secure long-term renewable energy supply at predictable prices. It includes provisions for guarantees of origin, performance standards, and risk allocation specific to the Dutch energy market.
Suggested Sections

1. Parties: Identification of the Generator/Seller and Corporate Buyer, including registration details and addresses

2. Background: Context of the agreement, including facility details and parties' objectives

3. Definitions: Defined terms used throughout the agreement, including technical and commercial terms

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

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

6. Price and Payment: Pricing structure, payment terms, invoicing, and dispute procedures

7. Metering and Documentation: Requirements for measuring delivered electricity and associated documentation

8. Generation Facility: Specifications and requirements for the solar facility, including maintenance obligations

9. Grid Connection and Transmission: Responsibilities for grid connection, transmission arrangements, and related costs

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

11. Change in Law: Provisions dealing with regulatory changes affecting the agreement

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

13. Liability and Indemnification: Allocation of risks and limitation of liability provisions

14. Insurance: Required insurance coverage for both parties

15. Confidentiality: Protection of confidential information and permitted disclosures

16. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Environmental Attributes: Provisions regarding renewable energy certificates and other green attributes, optional if these are handled in a separate agreement

2. Financial Security: Requirements for performance bonds or parent company guarantees, included if required based on parties' creditworthiness

3. Construction and Commissioning: Included for projects not yet operational, covering construction milestones and commissioning requirements

4. Price Adjustments: Mechanisms for price adjustments based on market indices or specific triggers, optional depending on pricing structure

5. Output Guarantees: Minimum generation guarantees and related compensation, optional based on commercial agreement

6. Buy-Out Options: Provisions allowing corporate buyer to purchase the facility, included if agreed by parties

7. Direct Agreement: Required only if project financing is involved, addressing lender's step-in rights

8. Sustainability Reporting: Requirements for sustainability-related reporting, optional based on buyer's ESG requirements

Suggested Schedules

1. Facility Description: Technical specifications of the solar facility including location, capacity, and equipment

2. Pricing Schedule: Detailed pricing mechanisms, calculations, and adjustments

3. Expected Annual Output: Projected generation profile and annual output estimates

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

5. Operating Procedures: Detailed procedures for day-to-day operation and communication

6. Form of Direct Agreement: Template agreement with lenders if project financing is involved

7. Performance Standards: Technical and operational performance requirements

8. Insurance Requirements: Detailed specifications of required insurance coverage

9. Form of Guarantee: Template for any required parent company or performance guarantees

10. Grid Connection Details: Technical specifications and requirements for grid connection

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

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












































































Clauses














































Relevant Industries

Energy & Utilities

Renewable Energy

Manufacturing

Technology

Data Centers

Real Estate

Industrial

Retail

Financial Services

Food & Beverage

Chemicals

Pharmaceuticals

Telecommunications

Relevant Teams

Legal

Procurement

Sustainability

Finance

Operations

Risk Management

Environmental Compliance

Commercial

Technical

Energy Trading

Business Development

Relevant Roles

Chief Sustainability Officer

Energy Procurement Manager

Legal Counsel

Commercial Director

Sustainability Manager

Chief Financial Officer

Risk Manager

Operations Director

Facility Manager

Environmental Compliance Manager

Procurement Director

Contract Manager

Business Development Director

Technical Director

Energy Trading Manager

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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