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A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [ 1 ] [ 2 ] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
A solar easement is a right, expressed as an easement, restriction, covenant, or condition contained in any deed, contract, or other written instrument executed by or on behalf of any landowner for the purpose of assuring adequate access to direct sunlight for solar energy systems.
Solar Renewable Energy Certificates (SRECs) or Solar Renewable Energy Credits, are a form of Renewable Energy Certificate or "green tag" existing in the United States of America. SRECs exist in states that have Renewable Portfolio Standard (RPS) legislation with specific requirements for solar energy , usually referred to as a "solar carve-out ...
The Alliance for Solar Choice stated that it would prefer to see net metering kept intact until the policy produces solar growth. [38] In 2016, solar companies and major utility companies came to a legislative agreement over net metering issues. The two sides said that their deal might increase solar power in Maine "tenfold in five years."
Dedication of land for the installation of solar arrays must compete with other needs. [165] The amount of land required for utility-scale solar power plants is about 1 km 2 (250 acres) for every 40–60 MW generated. One alternative is to use the water-surface area on canals, lakes, reservoirs, farm ponds and the sea for large solar-power plants.
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