Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Solar Contract Templates Developed By NREL & Partners

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

 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Biomass

Lithuania is the first nation in the world to adopt the LA100 renewable energy model developed by the US National Renewable Energy Laboratory for...

Biomass

Algae biofuel could have another moment in the sun, now that more federal dollars are pouring into carbon capture-and-recycling technology.

Clean Power

The US wave energy startup CalWave is determined to solve the global warming crisis, one little blue box at a time.

Agriculture

Agrivoltaics can help solve a trifecta of issues impacting agriculture in the US and elsewhere: energy, revenue, and water.

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.