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Green Power Purchase Agreement

Green Power Purchase Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Green Power Purchase Agreement

"I need a Green Power Purchase Agreement for a 50MW solar facility in Dubai that will begin commercial operations in March 2025, with a 20-year term and provisions for energy storage capabilities."

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Document background
The Green Power Purchase Agreement serves as a crucial instrument in the UAE's transition to renewable energy, aligned with the nation's Energy Strategy 2050. This document is typically used when establishing long-term arrangements between renewable energy producers and power purchasers, whether private entities or government utilities. It encompasses detailed provisions for energy pricing, delivery specifications, environmental attributes, and performance standards, while ensuring compliance with UAE federal laws and emirate-specific regulations. The agreement addresses technical requirements for grid connection, metering, and environmental certification, making it essential for renewable energy project development and corporate sustainability initiatives in the UAE market.
Suggested Sections

1. Parties: Identification of the power producer and the purchaser, including full legal names and registration details

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

3. Definitions: Comprehensive definitions of technical and commercial 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. Delivery Point and Title Transfer: Specification of where energy will be delivered and when title/risk transfers

7. Metering and Measurement: Requirements for measuring delivered energy and maintaining metering equipment

8. Price and Payment: Pricing structure, payment terms, and invoicing requirements

9. Environmental Attributes: Ownership and transfer of renewable energy certificates and environmental benefits

10. Performance Standards: Required technical and operational standards for the facility

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

12. Default and Remedies: Events of default and available remedies for each party

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

14. Confidentiality: Protection of confidential information and trade secrets

15. Representations and Warranties: Standard and specific warranties from each party

Optional Sections

1. Construction and Development: Include when the facility is not yet operational, covering construction milestones and requirements

2. Grid Connection: Include when the producer is responsible for grid connection arrangements

3. Credit Support: Include when parties require performance bonds or parent company guarantees

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

5. Carbon Credits: Include when carbon credits are separately traded or allocated

6. Direct Agreement: Include when project financing is involved, addressing lender's step-in rights

7. Local Content Requirements: Include when required by UAE regulations or government incentives

8. Storage Provisions: Include when energy storage systems are part of the facility

Suggested Schedules

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

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

3. Performance Specifications: Technical performance requirements and guarantees

4. Pricing Formula: Detailed pricing calculations and adjustment mechanisms

5. Operating Procedures: Day-to-day operational requirements and procedures

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

7. Metering Specifications: Technical requirements for metering equipment

8. Grid Code Requirements: Applicable grid code compliance requirements

9. Environmental Standards: Required environmental compliance standards

10. Form of Direct Agreement: Template agreement for lenders' direct agreement if required

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Actual Generation
Applicable Law
Available Capacity
Billing Period
Business Day
Commercial Operation Date
Connection Point
Contract Capacity
Contract Price
Contract Year
Delivery Point
Dispatch Instructions
DEWA
Effective Date
Electrical Output
Emergency
Energy Management System
Environmental Attributes
Facility
Force Majeure Event
Good Industry Practice
Government Authority
Green Certificates
Grid
Grid Code
Installed Capacity
Interconnection Agreement
Lenders
Maintenance Schedule
Metering Equipment
Minimum Generation
Operating Parameters
Operating Period
Outage
Performance Security
Power Producer
Power Purchaser
Prudent Operating Practice
Renewable Energy
Renewable Energy Law
Required Commercial Operation Date
Scheduled Maintenance
Site
System Operator
Technical Limits
Term
Testing Period
Transmission System
UAE Dirham
Clauses
Interpretation
Conditions Precedent
Term Duration
Sale and Purchase Obligations
Delivery Obligations
Metering and Testing
Billing and Payment
Performance Standards
Environmental Attributes
Connection Requirements
Operation and Maintenance
Force Majeure
Change in Law
Default and Termination
Liability and Indemnification
Insurance
Assignment and Transfer
Confidentiality
Dispute Resolution
Governing Law
Representations and Warranties
Notices
Anti-corruption
Compliance with Laws
Health and Safety
Environmental Compliance
Records and Audit
Security
Intellectual Property
Amendments
Relevant Industries

Renewable Energy

Utilities

Manufacturing

Real Estate Development

Industrial Production

Data Centers

Hospitality

Commercial Real Estate

Infrastructure

Green Technology

Banking and Finance

Environmental Services

Relevant Teams

Legal

Procurement

Sustainability

Operations

Commercial

Finance

Risk Management

Environmental Compliance

Technical Operations

Business Development

Project Management

Energy Trading

Regulatory Affairs

Relevant Roles

Chief Sustainability Officer

Energy Procurement Manager

Legal Counsel

Commercial Director

Project Development Manager

Renewable Energy Director

Contract Manager

Environmental Compliance Officer

Chief Financial Officer

Technical Director

Risk Manager

Operations Director

Business Development Manager

Sustainability Manager

Power Trading Manager

Industries
Federal Law No. 24 of 1999: Protection and Development of the Environment - Sets environmental standards and sustainability requirements that renewable energy projects must comply with
UAE Energy Strategy 2050: National strategy that aims to increase clean energy contribution to 50% of installed capacity by 2050 - provides policy framework for renewable energy projects
Federal Law No. 2 of 2015: Commercial Companies Law - Governs commercial transactions and business relationships between parties
Federal Law No. 18 of 1993: Commercial Transactions Law - Provides legal framework for commercial contracts and transactions
Dubai Law No. 6 of 2011: Regulates power and water generation in Dubai, including renewable energy projects and private sector participation
Abu Dhabi Law No. 2 of 1998: Regulation of the Water and Electricity Sector in Abu Dhabi - Relevant for PPAs in Abu Dhabi emirate
DEWA Standards and Regulations: Technical specifications and grid connection requirements for renewable energy projects in Dubai
Federal Decree-Law No. 32 of 2021: UAE Commercial Transactions Law - Governs commercial agreements and contractual relationships
UAE Cabinet Resolution No. 31 of 2019: Regulations concerning electricity sector organization, including renewable energy integration
Federal Law No. 19 of 2018: Foreign Direct Investment Law - Relevant for international investors in renewable energy projects
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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