Should you choose an EPC contract for a solar project?
Given the significant monetary value of EPC Contracts, and the potential adverse consequences if problems occur during construction, the lowest price should not be the only factor used when selecting a Contractor. As noted earlier, an EPC Contract is one of a suite of agreements necessary to develop a solar project.
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.
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 Edina as your battery energy storage EPC contractor?
Why Edina as your Battery Energy Storage EPC Contractor? We are a BESS turnkey EPC contractor and systems integrator of advanced global Tier 1 battery and inverter technologies to provide an industry-leading battery energy storage solution that is scalable and delivers guaranteed performance.
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.
What is a bankable EPC contract?
A bankable EPC Contract is a contract with a risk allocation between the Contractor and the Project Company to the satisfaction of Lenders and their credit committees.
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EPC company mainly undertakes the Engineering, Procurement, and Construction of solar power station (solar plant), solar tracker power station, solar energy storage power station, and other
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