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Solar Plant Performance Ratio Guarantees (PRG): An Expert's Perspective

As the world continues its transformation from conventional energy generation to renewable energy, more and more utility-scale solar power plants are being constructed around the world. During the design phase for these projects, the power output of the entire plant is calculated and then a guarantee is issued as part of the contract. Failure to meet these guarantees typically lead to expensive liquidated damage claims and complex disputes.

There are numerous factors that impact the ability of a solar PV plant to produce power at a certain level. Ultimately, these factors decide whether the plant is able to deliver on the PRGs in the contract or not.

This webinar seeks to present an expert’s view of the PRG and the factors that impact the ability of the solar PV plant to meet these or not. During the presentation, our expert, Mr Alyah will share his experience in evaluating the PRGs in different plants around the world.