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Global - March 11, 2020

What is a Solar Power Purchase Agreement? | YSG Solar

A solar power purchase agreement is a bilateral contract between two parties—the "project sponsor" and the "off-taker".

The Project Sponsor

The project sponsor is the owner and operator of the solar facility, they are responsible for generating electricity and delivering the electricity to a predetermined location, which is agreed upon by both parties. This location may be located as the "bus" or "node" on a utility-scale project, or behind-the-meter if this is a distributed generation project.

The Off-taker

The off-taker is responsible for purchasing the electricity that is generated at a predetermined price—usually priced on a $/MWH basis. The term of these contracts had traditionally been for 25 years, but as the solar industry has evolved shorter-term contracts are being signed.

YSG Solar tailors power purchase agreements to meet your energy requirements, and provide on a stable, predictable basis for both parties. YSG Solar is providing power purchase agreements in:

 

  • New York
  • New Jersey
  • Massachusetts
  • Rhode Island
  • Vermont
  • Illinois
  • Minnesota
  • California
  • Arizona
  • Nevada
  • New Mexico
  • Colorado
  • Maine
  • Texas

YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.

If you’re interested in a solar power purchase agreement, contact YSG today. YSG Solar has over a decade of experience in the solar industry, developing renewable projects across the United States. Send us an email, or call the office at 212.389.9215 to learn more.