The Corporate PPA Renewable (Energy) agreement is essential for businesses in South Africa seeking to secure reliable, sustainable power supply while managing electricity costs and meeting environmental commitments. This document becomes particularly relevant in the context of South Africa's energy challenges, including load shedding and increasing grid electricity costs. The agreement enables direct procurement of renewable energy from independent power producers, providing a framework for long-term energy security. It addresses crucial elements such as energy pricing, delivery obligations, grid connection requirements, and performance standards, while ensuring compliance with South African energy regulations, environmental laws, and corporate requirements. The document is designed to protect both the power producer's and corporate buyer's interests while facilitating project financing and operational efficiency.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Corporate Ppa Renewable (Energy)
"I need a Corporate PPA Renewable (Energy) agreement for a 50MW solar project in the Northern Cape, South Africa, with a 15-year term starting March 2025, including provisions for battery storage and carbon credit trading."
1. Parties: Identification of the power producer and corporate purchaser, including registration details
2. Background: Context of the agreement, including facility details and purpose of the PPA
3. Definitions and Interpretation: Defined terms, rules of interpretation, and hierarchy of documents
4. Conditions Precedent: Prerequisites including regulatory approvals, grid connection, and construction completion
5. Term and Duration: Agreement duration, renewal options, and early termination rights
6. Sale and Purchase Obligations: Core obligations for energy supply and purchase, including minimum take-or-pay provisions
7. Facility and Connection Requirements: Technical specifications, connection points, and compliance requirements
8. Metering and Testing: Metering arrangements, testing procedures, and dispute resolution for measurements
9. Price and Payment Terms: Tariff structure, adjustment mechanisms, invoicing, and payment terms
10. Operation and Maintenance: Maintenance schedules, performance standards, and reporting requirements
11. Force Majeure: Definition of force majeure events and consequences
12. Default and Termination: Events of default, cure periods, and termination procedures
13. Liability and Indemnification: Liability limitations, indemnities, and insurance requirements
14. Dispute Resolution: Dispute resolution procedures, governing law, and jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments
1. Environmental Attributes: Allocation of carbon credits and green certificates - include if parties wish to trade these separately
2. Change in Law: Mechanism for addressing regulatory changes - important for longer-term PPAs
3. Storage Provisions: Include if the facility includes battery or other storage systems
4. Refinancing Rights: Include if producer requires flexibility for future refinancing
5. Local Content Requirements: Include if project must meet specific local content thresholds
6. Wheeling Arrangements: Include if power must be wheeled through third-party transmission systems
7. Direct Agreement Rights: Include if required by producer's lenders
8. Black Economic Empowerment: Include if specific BEE requirements apply to the project
1. Facility Description: Detailed technical specifications of the renewable energy facility
2. Testing and Commissioning Procedures: Procedures for initial and periodic testing
3. Tariff and Payment Calculations: Detailed pricing formulae and adjustment mechanisms
4. Performance Standards: Minimum performance requirements and liquidated damages
5. Operating Procedures: Detailed operational protocols and procedures
6. Metering Specifications: Technical requirements for metering equipment
7. Grid Connection Details: Connection point specifications and requirements
8. Form of Direct Agreement: Standard form for lender direct agreements
9. Insurance Requirements: Minimum insurance coverage requirements
10. Environmental Management Plan: Environmental compliance requirements and procedures
Authors
Relevant legal definitions
Actual Available Capacity
Agreed Availability
Applicable Laws
Availability Factor
Banking Day
Base Rate
Bill of Materials
BEE Requirements
Carbon Credits
Change in Law
Commercial Operation Date
Connection Agreement
Connection Facilities
Connection Point
Contract Capacity
Contract Year
Deemed Available Capacity
Deemed Energy
Default Interest Rate
Delivery Point
Direct Agreement
Distribution License
Distribution Network
Distribution System
Effective Date
Electrical Output
Emergency
Energy Availability Factor
Energy Charge
Environmental Attributes
Environmental Laws
Event of Default
Expiry Date
Facility
Force Majeure Event
Good Industry Practice
Grid
Grid Code
Grid Connection
Grid Operator
Initial Operation Date
Interconnection Facilities
Invoice
Licensed Distribution Network
Liquidated Damages
Maintenance Schedule
Measurement Period
Metering Equipment
Metering Point
Minimum Take-or-Pay Quantity
Monthly Generation Schedule
NERSA
Net Electrical Output
Operating Parameters
Operating Procedures
Planned Maintenance
Point of Supply
Power Factor
Power Purchase Price
Project
Project Site
Prudent Operating Practice
Reactive Power
Renewable Energy Certificates
Required Commercial Operation Date
SCADA System
Scheduled Maintenance
Security Package
Site
System Emergency
Take-or-Pay
Technical Limits
Term
Testing Procedures
Transmission Connection Agreement
Transmission Network
Unplanned Outage
Wheeling Agreement
Wheeling Charges
Agreed Availability
Applicable Laws
Availability Factor
Banking Day
Base Rate
Bill of Materials
BEE Requirements
Carbon Credits
Change in Law
Commercial Operation Date
Connection Agreement
Connection Facilities
Connection Point
Contract Capacity
Contract Year
Deemed Available Capacity
Deemed Energy
Default Interest Rate
Delivery Point
Direct Agreement
Distribution License
Distribution Network
Distribution System
Effective Date
Electrical Output
Emergency
Energy Availability Factor
Energy Charge
Environmental Attributes
Environmental Laws
Event of Default
Expiry Date
Facility
Force Majeure Event
Good Industry Practice
Grid
Grid Code
Grid Connection
Grid Operator
Initial Operation Date
Interconnection Facilities
Invoice
Licensed Distribution Network
Liquidated Damages
Maintenance Schedule
Measurement Period
Metering Equipment
Metering Point
Minimum Take-or-Pay Quantity
Monthly Generation Schedule
NERSA
Net Electrical Output
Operating Parameters
Operating Procedures
Planned Maintenance
Point of Supply
Power Factor
Power Purchase Price
Project
Project Site
Prudent Operating Practice
Reactive Power
Renewable Energy Certificates
Required Commercial Operation Date
SCADA System
Scheduled Maintenance
Security Package
Site
System Emergency
Take-or-Pay
Technical Limits
Term
Testing Procedures
Transmission Connection Agreement
Transmission Network
Unplanned Outage
Wheeling Agreement
Wheeling Charges
Clauses
Parties
Recitals
Definitions
Interpretation
Duration
Conditions Precedent
Construction Obligations
Sale and Purchase Obligations
Energy Output
Technical Requirements
Grid Connection
Metering
Testing and Commissioning
Performance Standards
Pricing
Invoicing
Payment
Credit Support
Operation and Maintenance
Environmental Compliance
Regulatory Compliance
Access Rights
Insurance
Force Majeure
Change in Law
Default
Termination
Step-in Rights
Assignment
Confidentiality
Dispute Resolution
Notices
Governing Law
Boilerplate
Health and Safety
Warranties
Indemnification
Record Keeping
Reporting
Local Content
BEE Requirements
Anti-corruption
Data Protection
Intellectual Property
Amendments
Waiver
Severability
Recitals
Definitions
Interpretation
Duration
Conditions Precedent
Construction Obligations
Sale and Purchase Obligations
Energy Output
Technical Requirements
Grid Connection
Metering
Testing and Commissioning
Performance Standards
Pricing
Invoicing
Payment
Credit Support
Operation and Maintenance
Environmental Compliance
Regulatory Compliance
Access Rights
Insurance
Force Majeure
Change in Law
Default
Termination
Step-in Rights
Assignment
Confidentiality
Dispute Resolution
Notices
Governing Law
Boilerplate
Health and Safety
Warranties
Indemnification
Record Keeping
Reporting
Local Content
BEE Requirements
Anti-corruption
Data Protection
Intellectual Property
Amendments
Waiver
Severability
Relevant Industries
Renewable Energy
Manufacturing
Mining
Data Centers
Retail
Industrial Processing
Agriculture
Commercial Real Estate
Telecommunications
Healthcare
Relevant Teams
Legal
Procurement
Sustainability
Operations
Finance
Risk Management
Environmental Compliance
Facilities Management
Technical Operations
Corporate Strategy
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Sustainability Officer
Energy Manager
Procurement Director
Legal Counsel
Environmental Compliance Manager
Risk Manager
Operations Director
Technical Director
Project Manager
Sustainability Manager
Facilities Manager
Commercial Director
Power Purchase Agreement Specialist
Find the exact document you need
Residential Solar PPA
South African residential solar power purchase agreement governing the installation and operation of solar systems for household energy supply.
find out more
Power Purchase Agreement Renewable (Energy)
South African law-governed agreement for the sale and purchase of renewable energy between power producers and purchasers, aligned with local regulatory requirements.
find out more
Corporate Ppa Renewable (Energy)
South African law-governed agreement for corporate renewable energy procurement from independent power producers, including technical, commercial, and regulatory provisions.
find out more
Bilateral Power Purchase Agreement
South African-law governed agreement for the sale and purchase of electrical power between a producer and purchaser, compliant with NERSA regulations.
find out more
PPA Agreement
A South African law-governed agreement for the sale and purchase of electricity between a power generator and buyer, subject to NERSA regulations.
find out more
Green Power Purchase Agreement
South African law-governed agreement for the sale and purchase of renewable energy, establishing terms between power producers and consumers while ensuring regulatory compliance.
find out more
Renewable Energy Agreement
South African law-governed agreement for renewable energy project development and power purchase, compliant with REIPPP and NERSA requirements.
find out more
Power Purchase Agreement Financial Model
A South African-compliant financial model framework for Power Purchase Agreements, incorporating local regulatory requirements and structured financial calculations.
find out more
Commercial Solar Power Purchase Agreement
South African-law governed agreement for the sale and purchase of solar-generated electricity, including technical, commercial, and regulatory requirements.
find out more
Commercial Power Purchase Agreement
South African law-governed agreement for the commercial sale and purchase of electricity between a power producer and business consumer, compliant with local energy regulations.
find out more
Prepaid Power Purchase Agreement
South African law-governed agreement for prepaid electricity supply, detailing terms between supplier and consumer including metering, payments, and service standards.
find out more
Net Metering Credit Agreement
South African agreement governing the feeding of excess electricity into the grid and associated credit arrangements between property owners and utilities.
find out more
Biomethane Purchase Agreement
South African law-governed agreement for the commercial sale and purchase of biomethane, including quality, delivery, pricing, and regulatory compliance terms.
find out more
Virtual Purchase Power Agreement
South African Virtual Power Purchase Agreement template for renewable energy financial settlements between generators and corporate buyers, compliant with local electricity and financial regulations.
find out more
Prepaid Solar Power Purchase Agreement
South African law-governed agreement for prepaid solar power purchase arrangements, including installation, payment, and maintenance terms.
find out more
Private Wire PPA
A South African law-governed agreement for direct electricity supply between a private power producer and consumer through dedicated infrastructure, reflecting local regulatory requirements.
find out more
Corporate Power Purchase Agreement
South African law-governed agreement for direct electricity purchase between power producers and corporate consumers, compliant with local electricity regulations.
find out more
Third Party Solar Power Purchase Agreement
South African law-governed agreement for the sale and purchase of solar-generated electricity between an independent power producer and an end-user.
find out more
PPA Agreement Solar
A legal agreement governing the sale and purchase of solar-generated electricity in South Africa, compliant with local energy regulations and NERSA requirements.
find out more
Physical Power Purchase Agreement
South African law-governed agreement for the physical sale and purchase of electricity between a generator and offtaker, including delivery, pricing, and regulatory compliance terms.
find out more
Power Offtake Agreement
A South African law-governed agreement establishing terms and conditions for the sale and purchase of electrical power between a generator and offtaker, including regulatory compliance requirements.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.