Document background
The Corporate PPA Renewable (Energy) is a crucial document for companies seeking to secure renewable energy supply in Indonesia's evolving energy market. It serves as the primary agreement governing the long-term sale and purchase of renewable electricity between independent power producers and corporate buyers. This document type has gained significance as Indonesia pushes towards its renewable energy targets and as corporations increasingly seek to meet their sustainability goals. The agreement must navigate Indonesia's complex regulatory framework, including requirements under the Electricity Law, MEMR regulations, and PLN's role as the national utility. It typically includes provisions for energy pricing, delivery obligations, technical requirements, force majeure events, and dispute resolution mechanisms, while ensuring compliance with local content requirements and grid connection regulations. This document is particularly relevant for private sector renewable energy projects, including solar, wind, and other clean energy sources.
