What is a turnkey EPC contract?
The key thing to note is that with a turnkey EPC contract, you can’t get just a piece of the package. For example, if you just want to dip your toe into solar to see if it would be a good fit for your business, an EPC contract won’t allow you to just purchase an energy assessment or a site survey – you have to buy the entire solar package.
What is a turnkey solar system?
VeloSolar • Updated on March 13, • 8 minutes read In the solar world, Engineering Procurement and Construction (EPC) contractors typically provide a turnkey service. They deliver a ready-to-use solar system; when they’re done working, all you have to do is turn the proverbial key and you’re generating your own clean, renewable energy.
How many solar panels are installed in Guernsey?
Since , we’ve installed over 3.1 megawatts of energy generation capacity, equating to over 7,000 solar panels, all of which contribute to the States of Guernsey’s ambitious net zero targets. We partner with brands like Maxeon SunPower and SolarEdge, giving clients access to the most trusted names in the industry.
Will EPC contracts provide for the handover of a solar facility?
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.
How do turnkey projects work?
This is why we thought it would be worthwhile to take a few minutes to explain how turnkey projects work. With a turnkey contract, one entity is responsible for the complete scope of work related to your project, from the development, design, and construction to the ultimate deployment or commissioning of the end product.
Why should you hire an EPC 2.0 firm?
When you hire a EPC 2.0 firm, like Velo Solar, you’re getting an entire team of solar experts, including a project management team and engineering, design, construction, software, energy storage and solar system optimization professionals. An EPC 2.0 firm acts like a project management consultancy.
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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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