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Clean Power solar contract templates

Published on November 23rd, 2013 | by Zachary Shahan

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Solar Contract Templates Developed By NREL & Partners

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November 23rd, 2013 by Zachary Shahan
 
solar contract templatesOne of the ways that an industry matures is by standardizing all sorts of processes, including financial processes, making proliferation of the industry’s offerings easier. Solar is still a young industry, but it is growing very fast, and solutions such as standardization of common processes is helping it along. As part of that, an NREL-organized working group has created some standardized solar contract templates. Here’s a bit more about the news, via the Solar Energy Industries Association (SEIA):

An NREL-organized working group representing solar industry stakeholders has developed standardized solar contract templates to lower transaction costs and make it easier to access low-cost financing for residential and commercial solar power projects.  These contract templates should allow national and regional solar developers alike to increase business opportunities and enable the creation of tradable investment vehicles desired by pension funds and other institutional investors.

The standardized contract templates developed to date include residential leases and commercial power purchase agreements.

Take a look at the standardized solar contract templates here.

For more information, Paul Schwabe is the Co-Lead of NREL’s Solar Access to Public Capital Project.

Image: solar contract via Shutterstock

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About the Author

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.



  • Katherine Portilla

    This is a great start, but these standardized contract templates appear only to address Lease/PPA options. Reducing costs for processes are certainly the next big push to cost reduction, so kudos to NREL for making progress in this effort.

    We included your article in our “News Essentials” blog post, with additional commentary: http://www.circularenergy.com/solar-insider/solarnews/solar-news-the-essentials-12-02-13/

  • JamesWimberley

    The sort of unexciting detail work that moves things along. Well done NREL.

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