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Corporate Ppa Renewable (Energy)

Corporate Ppa Renewable (Energy) Template for Netherlands

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Key Requirements PROMPT example:

Corporate Ppa Renewable (Energy)

"I need a Corporate PPA Renewable (Energy) agreement for a 50MW solar project in North Holland, with delivery starting March 2025, including battery storage provisions and a 15-year term with our tech company as the buyer."

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Document background
The Corporate PPA Renewable (Energy) agreement is essential for companies in the Netherlands seeking to secure long-term renewable energy supply while supporting their sustainability goals and managing energy costs. This document is typically used when a corporate entity wishes to purchase electricity directly from a renewable energy generator, either from existing facilities or new projects. It includes comprehensive provisions for energy delivery, pricing, Guarantees of Origin, regulatory compliance, and risk allocation. The agreement must comply with Dutch energy regulations, including the Electricity Act 1998 and relevant EU directives. It's particularly relevant in the context of Netherlands' energy transition goals and corporate sustainability initiatives, often used for wind and solar projects with capacities typically ranging from 10 MW to several hundred MW.
Suggested Sections

1. Parties: Identification of the contracting parties - the generator/seller and corporate buyer

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

3. Definitions: Definitions of technical, commercial, and legal terms used throughout the agreement

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

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

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

7. Metering and Documentation: Requirements for measuring electricity delivery and maintaining records

8. Guarantees of Origin: Provisions regarding renewable energy certificates and their transfer

9. Generation Facility: Specifications and requirements for the renewable energy facility

10. Grid Connection and Delivery: Requirements and responsibilities for grid connection and energy delivery

11. Force Majeure: Events constituting force majeure and consequences

12. Change in Law: Provisions addressing regulatory changes and their impact

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

14. Liability and Indemnification: Allocation of risks and liability between parties

15. Confidentiality: Protection of confidential information

16. Governing Law and Disputes: Choice of law and dispute resolution procedures

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

Optional Sections

1. Development and Construction: Required for PPAs signed before facility completion, covering construction milestones and obligations

2. Financial Security: Include when credit support or performance security is required from either party

3. Direct Agreement: Required when lender rights need to be addressed for project financing

4. Storage Provisions: Include when the facility includes energy storage capabilities

5. Curtailment: Required when specific curtailment rights and compensation need to be addressed

6. Carbon Benefits: Include when carbon credits or other environmental attributes beyond GOs are relevant

7. Private Wire Arrangements: Required for direct wire connections between generator and buyer

8. Forecast and Nomination: Include for arrangements requiring delivery forecasting and nomination procedures

Suggested Schedules

1. Facility Technical Specifications: Detailed technical description of the generation facility

2. Pricing Mechanism: Detailed pricing formulae, adjustments, and examples

3. Production Forecasts: Expected generation profiles and production guarantees

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

5. Operating Procedures: Detailed procedures for day-to-day operations and communications

6. Form of Guarantees: Templates for any required guarantees or security documents

7. Key Performance Indicators: Performance metrics and reporting requirements

8. Insurance Requirements: Required insurance coverage details

9. Form of Direct Agreement: Template agreement for lender rights if applicable

10. Commissioning Tests: Required testing procedures for facility acceptance

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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

Food and Beverage

Retail

Chemical Industry

Data Centers

Industrial Processing

Pharmaceutical

Automotive

Commercial Real Estate

Telecommunications

Relevant Teams

Legal

Procurement

Sustainability

Finance

Risk Management

Operations

Environmental Compliance

Commercial

Strategy

Treasury

Facilities Management

Energy Management

Relevant Roles

Chief Sustainability Officer

Energy Procurement Manager

Legal Counsel

Sustainability Director

Chief Financial Officer

Facilities Manager

Energy Trading Manager

Risk Manager

Commercial Director

Environmental Compliance Officer

Operations Director

Project Development Manager

Corporate Strategy Director

Power Purchase Agreement Specialist

Renewable Energy 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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