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:2/4/2016)... , Feb. 4, 2016 The ... apparently one of the most popular hubs of ... MetaHIT and other huge studies of human microbiota, ... past few years, the microbiome space has literally ... biomedical research. This report focuses on biomedical ...
(Date:2/3/2016)... Feb. 3, 2016 ... of the "Emotion Detection and Recognition ... and Others), Software Tools (Facial Expression, Voice ... Users,and Regions - Global forecast to 2020" ... --> http://www.researchandmarkets.com/research/d8zjcd/emotion_detection ) has announced the ...
(Date:2/2/2016)... , Feb. 2, 2016 Technology Enhancements Accelerate ... an analysis of the digital and computed radiography markets ... , and Indonesia (TIM). ... and market size, as well as regional market drivers ... and discusses market penetration and market attractiveness, both for ...
Breaking Biology News(10 mins):
(Date:2/9/2016)... ... ... The American Academy of Thermology (AAT) has announced that for ... Certification Qualification Course for Technicians via a two part webinar on July 30 and ... review of hardware, software, and camera setup/operations, aligns with the in-person member qualification course ...
(Date:2/9/2016)... , Feb. 9, 2016 This market ... the current and future prospects of the market in ... report include companies engaged in the manufacture of microbiology ... executive summary with a market snapshot providing the overall ... of this report. This section also provides the overall ...
(Date:2/9/2016)... LONDON , Feb. 9, 2016 /PRNewswire/ ... (PTP1B) Inhibitors-Pipeline Insights, 2016", report provides in ... their development activities around the Protein-Tyrosine Phosphatase ... the product profiles in various stages of ... Phase II, Phase III and Preregistration. Report ...
(Date:2/8/2016)... February 8, 2016 ... Limited, an innovation-driven oncology company developing next generation ... toxic, today announced that chairman emeritus of Tata ... in the company as part of the first ... existing investors Navam Capital and Aarin Capital. ...
Breaking Biology Technology: