Navigation Links
Solar working group releases standard contracts
Date:11/12/2013

A working group representing solar industry stakeholders has developed standard contracts that should help lower transaction costs and make it easier to access low-cost financing for residential and commercial solar power projects.

The Solar Access to Public Capital (SAPC) working group, assembled by the Energy Department's National Renewable Energy Laboratory, is a consortium of solar energy developers, law firms, financiers and analysts with expertise in solar energy projects.

The contracts cover residential leases and commercial power purchase agreements (PPAs). The working group members recognized that customizable contract templates could improve consumer transparency, increase private-sector investment, and lower the cost of solar energy to end-users.

"These template contracts should allow national and regional solar developers alike to increase business opportunities and enable the creation of tradable investment vehicles desired by pension funds and other institutional investors critical to scale the industry," NREL Energy Analyst Paul Schwabe said. "This effort is just one of the many ways that the partnerships forged across the SAPC initiative are helping to unleash cost-competitive solar power."

To date, SAPC has developed three standard contract templates:

  • Residential Lease Aggregated (for developers with in-house installation practices)
  • Residential Lease Disaggregated (for developers using installation partners)
  • Commercial PPA

NREL initiated the SAPC working group effort in October 2012. Since then, it has grown to include more than 120 member organizations. The working group is also engaged in several activities designed to build investor confidence, including collaborating with rating agencies to evaluate "mock" portfolios of residential and commercial assets, developing best practice guidelines for system installation and operation and maintenance, and developing a system performance dataset. The three-year effort is funded under the Energy Department's Sunshot Initiative.


'/>"/>

Contact: David Glickson
david.glickson@nrel.gov
303-275-4097
DOE/National Renewable Energy Laboratory
Source:Eurekalert

Related biology news :

1. A new dimension for solar energy
2. Folding light: Wrinkles and twists boost power from solar panels
3. Climatic effects of a solar minimum
4. Bay Area PV Consortium announces $7.5 million in grants to lower the cost of large-scale solar
5. Weizmann Institute solar technology to convert greenhouse gas into fuel
6. Anti-aging elixir for solar cells
7. ASU awarded $3 million to research solar energy technologies, launch energy Ph.D. program
8. Microwave ovens may help produce lower cost solar energy technology
9. The George Washington University Researcher received $1.7 million to study solar cement
10. Stanford scientists build the first all-carbon solar cell
11. Rice unveils super-efficient solar-energy technology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/17/2016)... March 17, 2016 ABI Research, the ... the global biometrics market will reach more than ... increase from 2015. Consumer electronics, particularly smartphones, continue ... sensors anticipated to reach two billion shipments by ... Dimitrios Pavlakis , Research Analyst at ABI Research. ...
(Date:3/11/2016)... March 11, 2016 http://www.apimages.com ) - ... Picture is available at AP Images ( http://www.apimages.com ) - ... be used to produce the new refugee identity cards. DERMALOG will ... at CeBIT in Hanover next week.   ... will be used to produce the new refugee identity cards. DERMALOG ...
(Date:3/9/2016)... 9, 2016 Nigeria ... more than 23,000 public service employees either did not ... their salary unlawfully.    --> Nigeria ... that more than 23,000 public service employees either did ... receiving their salary unlawfully.    --> DERMALOG, ...
Breaking Biology News(10 mins):
(Date:5/19/2016)... , May 19, 2016 There ... fully recover given the relentless pressures in pricing and ... in the investors circle though - numerous opportunities are ... of today,s session, ActiveWallSt.com,s presents four names in this ... Vitae Pharmaceuticals Inc. (NASDAQ: VTAE ), Anthera ...
(Date:5/18/2016)... ... May 18, 2016 , ... Shimadzu Scientific Instruments ... University of Toledo. This two-day camp will take place annually starting June 2016. ... of pharmaceutical sciences in preparation for a university academic program. , The ...
(Date:5/18/2016)... ... 18, 2016 , ... Ryan Benton was diagnosed with Duchenne Muscular Dystrophy (DMD) ... to early twenties. DMD is a relatively common progressive genetic disorder, which causes aggressive ... condition was critical. He met with the founder of the Stem Cell Institute ...
(Date:5/17/2016)... , ... May 17, 2016 , ... The Children’s Tumor ... and monuments across the globe will show their support in the fight against neurofibromatosis ... Neurofibromatosis, NF, is a genetic disorder that causes tumors to grow on nerves throughout ...
Breaking Biology Technology: