Announcements


SPV-105: Under the SPV Contract, it is an Event of Default if the Seller fails to Deliver any REC from the System for a consecutive period of six months. Can the Seller request an extension of this six month period if there are valid reasons for the Seller to have failed to Deliver during that period?

Yes, you may request an extension of this six month period. As noted in Article 13.2.5, it is an Event of Default only if Buyer does not extend this period. Please note that extensions are only granted at the IPA’s discretion.