30 Aug '17, 1pm

SEIA releases a new model contract to pave the way for more #solar development in the C&I sector. Release:

WASHINGTON, D.C. - The Solar Energy Industries Association (SEIA) released today a new model contract to pave the way for more development of solar in the commercial and industrial (C&I) sector. The model power purchase agreement (PPA) for commercial customers was developed by SEIA’s C&I Working Group and vetted by some of the top law firms, development entities and financiers in the U.S. The new PPA is an improved and streamlined version of its predecessor, which was originally developed by the National Renewable Energy Laboratory. Users will find the new C&I PPA Version 2.0 shorter in length, easier to navigate, and simpler to finance. “By easing the negotiation and contracting processes, the revised model PPA document allows for quicker financing of solar projects and better access to low-cost capital,” said Mike Mendelsohn, SEIA’s senior director of project finance and...

Full article: http://www.seia.org/news/seia-announces-new-model-contrac...

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