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.
Should a solar project have a guarantee test?
In some projects, the guarantee tests occur after handover of the solar facility to the Project Company. This means the Contractor no longer has any liability for DLDs during performance testing. In our view, it is preferable, especially in project-financed projects, for handover to occur after completion of performance testing.
Solar Engineering Procurement and Construction
As a fully integrated EPC contractor we offer developers a turnkey, bankable solution for your solar power investment. Ranging from providing engineering and design support in the early development stage, to project realization.
EPC contracts in the solar sector
The Project Company needs only to turn a key to start operating the facility, hence EPC Contracts are sometimes called ‘turnkey’ construction contracts. The Contractor must deliver the
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Note on Preliminary Financial and Economic Analysis for
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Explore opportunities with Gridworks, a trusted partner in solar EPC, clean energy, and energy storage solutions. Join us in building a sustainable future.
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EPC v/s Turnkey: What is the Difference?
An EPC is a project delivery model in which a single contractor is responsible for the engineering (design), procurement (shopping for materials), and creation (building the project). The EPC contractor executes the venture in
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Solar EPC
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India’s NTPC tenders for 100MW BESS in Telangana
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EPC vs Turnkey Projects: Understanding the
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