Solar Corporate Ppa Template for England and Wales

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Key Requirements PROMPT example:

Solar Corporate Ppa

"I need a Solar Corporate PPA for a 50MW solar farm in Cornwall, where we'll be selling power to a major tech company's data center, with construction starting in March 2025 and including provisions for battery storage integration."

Document background

Solar Corporate PPAs have become increasingly important in the UK renewable energy market as businesses seek to secure clean energy supplies and demonstrate environmental commitments. This contract type establishes the commercial and technical framework for selling solar-generated electricity directly to corporate consumers, typically over 10-15 years. The Solar Corporate PPA, governed by English and Welsh law, includes provisions for pricing mechanisms, delivery obligations, performance standards, and the transfer of environmental attributes. It serves both as a risk management tool for price volatility and as a means of supporting new renewable energy development.

Suggested Sections

1. Parties: Identification and details of the Generator (seller) and Buyer, including full legal names, registration details, and addresses

2. Background: Context of the agreement, including facility details, purpose of the agreement, and key commercial drivers

3. Definitions: Comprehensive list of defined terms used throughout the agreement, including technical, commercial, and legal terminology

4. Sale and Purchase Obligations: Core obligations regarding electricity sale and purchase, including delivery points, minimum/maximum volumes, and exclusivity provisions

5. Pricing and Payment: Price structure, payment terms, billing procedures, and any price adjustment mechanisms

6. Term and Termination: Duration of agreement, conditions precedent, extension options, and termination rights

7. Metering and Reporting: Requirements for measuring and reporting generation, including meter specifications and data sharing

8. Force Majeure: Events constituting force majeure and consequences thereof

9. Liability and Indemnities: Allocation of risks, limitation of liability, and indemnification provisions

10. Change in Law: Mechanisms for addressing regulatory changes affecting the agreement

Optional Sections

1. Green Certificates: Provisions governing the transfer and handling of REGOs and other environmental attributes

2. Construction and Commissioning: Requirements for facility construction, testing, and commissioning for projects not yet operational

3. Private Wire Arrangements: Specific terms for direct wire connections between generator and buyer

4. Credit Support: Requirements for performance security, parent company guarantees, or other credit support mechanisms

5. Change Control: Procedures for managing changes to the facility or agreement terms

Suggested Schedules

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

2. Pricing Schedule: Detailed pricing mechanisms, calculations, and adjustment formulae

3. Testing and Commissioning Procedures: Technical requirements and procedures for facility acceptance testing

4. Operating Parameters: Performance specifications, maintenance requirements, and operational standards

5. Form of Direct Agreement: Standard form agreement between buyer and project lenders

6. Metering Specifications: Detailed technical requirements for metering equipment and procedures

7. Generation Forecasting: Procedures and requirements for production forecasting and reporting

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Renewable Energy
Manufacturing
Technology
Retail

Relevant Teams

Legal
Finance
Procurement
Sustainability
Operations

Relevant Roles

Energy Procurement Manager
Sustainability Director
Chief Financial Officer
General Counsel
Project Developer

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Authors

Alex Denne

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