How to write a Wind Energy Power Purchase Agreement (PPA)? Download this Wind Energy Facility PPA for a medium scale wind power project now!
This IPP and Investment Market Framework Power Purchase Agreement is created for a real Wind Energy Project and therefore suitable for you to make your own PPA for sales of wind energy. This document gives you a good insight into what articles are important to describe in such an agreement. The following articles are important to have:
- Definitions;
- Sale and Purchase of Wind Energy;
- Seller's Failure to deliver Wind Energy;
- Term, Termination, and Defaults;
- Metering and Measurement;
- Representations, Warranties, and Covenants
- Indemnification and Insurance;
- Government Approvals;
- Miscellaneous;
- Annexes.
This PPA sample will help you establish confidence with your stakeholders and is an important document to start. Feel free to download our basic or advanced templates, they are intuitive and in several kinds of formats, such as PDF, WORD, PPT, XLS, etc.
Download this professional Wind Energy PPA template now! Using this Wind Power sector template guarantees you will save time, cost and efforts and helps you to finish your agreement quicker! If you are looking for another kind of
standardized Purchase Power Agreement template, then check here as well.
Full list Table of Contents:
ARTICLE 1 DEFINITIONSARTICLE 2 SALE AND PURCHASE OF ENERGY- Purchase and Sale
- Contract Rate
- Excess Energy
- Purchaser's Failure to Accept Delivery of Energy
- Seller's Failure to Deliver Energy
- Offsets, Allowances, and Credits
- Back-up Power
- Billing and Payment
- Title and Risk of Loss
- Transmission
- Scheduling.
- Sales for Resale
- Operating Procedures
- Transmission Credits
ARTICLE 3 TERM, TERMINATION, AND DEFAULTS- Term
- Regulatory Approvals
- Early Termination
- Defaults and Remedies
- Specific Performance and Injunctive Relief
- Financial Support Obligations of Purchaser
ARTICLE 4 METERING AND MEASUREMENT- Metering Equipment
- Measurements
- Testing and Correction
- Maintenance and Records
ARTICLE 5 REPRESENTATIONS, WARRANTIES, AND COVENANTS- Seller's Representations and Warranties
- Purchaser's Representations and Warranties
- Seller's Covenants
- Purchaser's Covenants
ARTICLE 6 INDEMNlFICATION AND INSURANCE- General Indemnity
- Patent Indemnity
- Insurance
ARTICLE 7 GOVERNMENT APPROVALS- Government Approvals - Seller's Obligation
- Assistance
- Government Approvals -Purchaser's Obligation
ARTICLE 8 MISCELLANEOUS- Confidential Information
- Successors and Assigns; Assignment
- Financing Liens
- Notices
- Force Majeure
- Amendments
- Waivers
- Waiver of Certain Damages
- Survival
- Severability
- Standard of Review
- Governing Law
- Consent to Jurisdiction
- Waiver of Trial by Jury
- Disputes
- No Third-Party Beneficiaries
- No Agency
- Cooperation
- Further Assurances
- Captions; Construction
- Entire Agreement.
- Counterparts