Technical FAQs 4

What type of contract does a solar project use?

to project. Most solar projects using an EPC Contract NSP and Offtaker. NSP and Offtaker. NSP and Offtaker. Sometimes a tolling agreement is operated and despatched. In the

Is a contract price a factor in the bankability of a solar project?

Price is also a consideration but is usually considered separately from the bankability of the contract because the contract price (or more accurately the capital cost of the solar facility) relates to the bankability of the project as a whole.

Why are contractors hesitant to enter into EPC contracts in Australia?

Some Contractors have suffered heavy losses due to a range of factors including grid connection delays and constraints, unidentified site risks, and supply chain delays arising from international and domestic responses to COVID-19.2 Contractors are increasingly hesitant to enter into EPC Contracts in Australia.

What is an EPC contract?

The major advantage of the EPC Contract is that it provides a single point of responsibility. In our experience, most utility-scale solar projects use an EPC Contract. An operation and maintenance agreement: This is usually a medium- to long-term Operating and Maintenance Agreement (O&M Agreement) with an Operator.

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