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. The term of the O&M Agreement will vary from project to project.
Ethical Power will be delivering 3 solar and co-located battery projects for RWE in the UK. Contracts placed with two UK based companies have paved the way for construction start; solar power plays an increasingly key role in the UK’s clean energy infrastructure.
EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.
The EPC agreement was made between Econergy, UK & Ireland contracting company, G2 energy and Trina Storage, a business unit of Trina Solar. The announcement described the EPC agreement as a “significant milestone” for Econergy’s UK storage pipeline, which amounts to almost 2.5GWh according to the company.
To date, we have delivered 575 MWp of solar plants across 54 sites and 130 MWp of utility-scale BESS plants across five sites. BSR Engineering, Procurement and Construction (EPC) builds, connects and manages utility-scale solar and energy storage projects for developers and investors in the UK and internationally.
Therefore, EPC Contracts for utility-scale solar projects cap the Contractor’s liability at a percentage of the contract price. This varies from project to project; however, an overall liability cap of 100% of the contract price is common. In addition, there are normally sub-caps on the Contractor’s liquidated damages liability.