Announcements


SPV-155: What happens to the contract quantity of RECs to be delivered if the system size of a winning system decreases between the time of award and the time the system is energized?

There are provisions in the SPV Contract that provide for some flexibility if a project’s final size is different from the size expected at the time of award. Please Article 3 of the SPV Contract where these provisions are detailed. In general, the maximum contract quantity is fixed even if system size decreases from the size at time of award. The maximum reduction in size allowable under the contract is 25%.