Agreements for Renewable Energy Projects: Power Purchase Agreements
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A Power Purchase Agreement (PPA) specifies the contract between two parties: a) the seller, who generates electricity,and; b) the buyer, who is looking to buy electricity. It defines all the terms for the sale between the two. A PPA secures the payment stream for a Build-Own Transfer (BOT) or concession project for an independent power plant (IPP). It is between the purchaser (often a state-owned electricity utility) and a privately owned power producer. Below are power purchase agreements developed for renewable energy projects for different energy sources, together with laws devoted to those sources, from different countries:
Updated: July 11, 2024
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