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.
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.
What are the benefits of an EPC contract?
As noted previously, one of the advantages of an EPC Contract is that it provides the Project Company with a fixed completion date. If the Contractor fails to complete the works by the required date, it is liable for DLDs. However, in some circumstances the Contractor is entitled to an extension of the date for completion.
What is a solar farm performance guarantee?
3.1 The Contractor warrants that the Solar Farm and all component parts will meet the Performance Guarantees. 3.2 The Contractor must undertake the Performance Tests in accordance with clauses 1 and 2 to establish that the whole of the Works, Solar Farm and all component parts achieve the Performance Guarantees.
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In the arena of infrastructure and solar energy projects, terms like EPC (Engineering, Procurement and Construction) and Turnkey are often used interchangeably. While they look familiar at the same time, they vary in scope,
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EPC vs Turnkey Projects: Understanding the
EPC vs Turnkey Projects, In the world of project management, two common terms often come up: EPC (Engineering, Procurement, and Construction) and Turnkey projects.

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