Who approves a turnkey EPC contract?
In projects where a turnkey EPC contract is signed, the design is only approved by the Asset Owner or the developer, and the EPC service provider is responsible for providing all the contracts and suppliers.
What happens if the EPC contract is uncertain?
Any uncertainty in the EPC Contract may unfortunately see the Contractor liaising directly with these third parties and possibly risking the relationship of the Project Company with key influencers, customers and long-term neighbours.
Why should you choose qcells EPC?
Why Qcells EPC? We have the budget and backing to get your projects built on time and on budget utilizing the financial bankability of the Hanwha Groups assets of $197 billion. Bringing cutting edge technology, engineered in Germany, by a staff of 485 who research, develop, and test our solar modules resulting in world record efficiency.
Are electrochemical storage systems a viable solution for utility scale solar plants?
Another important, economically viable solution for utility scale solar plants in Europe are electrochemical storage systems.
What is a technical issue in an EPC contract?
EPC contracts are usually drafted including a fixed price clause which binds the parties to the total price agreed under the contracts. However, occasionally technical issue is the basis for a payment dispute, a technical third-party –agreed before in the contract negotiations – should make a judgement regarding the technical issue.
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The Project Company needs only to turn a key to start operating the facility, hence EPC Contracts are sometimes called ‘turnkey’ construction contracts. The Contractor must deliver the
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