Common use of Measured Performance Ratio; Liquidated Damages; Termination Rights Clause in Contracts

Measured Performance Ratio; Liquidated Damages; Termination Rights. Calculation of Measured Performance Ratio ("MPR"). The Measured Performance Ratio ("MPR") represents the Facility’s measured AC power output compared to its theoretical DC power output under the standard test conditions of 1000 W/ and 25°C, as adjusted for the plane of array irradiance conditions measured at the Site. Following the end of each LD Period, the Measured Performance Ratio shall be calculated for such LD Period (using the previous 12 months of 2-second data provided via SCADA) as follows: Where: = each 15 minute interval where the measured plane of array irradiance exceeds 600W/m2 is the measured AC power output of the Facility averaged over time period i (MW) = plane of array irradiance at the standard condition of 1000 is the DC rated capacity of the Facility at the standard test conditions of 1000 W/m2 and 25°C (MW), (i.e. the DC power rating of the PV panels at standard test conditions multiplied by the number of panels in the Facility); is the measured plane of array irradiance averaged over time period i ( / ); The data used in the foregoing calculation shall be filtered by including only periods in which, for the entire 15-minute interval, both the plane of array irradiance is not less than 600 W/m̂2 and the Facility is in unconstrained operations. The aforementioned 15-minute intervals are fixed intervals that commence, in sequence, at the top of each hour and at 15, 30 and 45 minutes past the hour. The Measured Performance Ratio shall be calculated for the set of filtered SCADA data points available for the applicable LD Period. The result of the foregoing calculation for the entire LD Period shall be the Measured Performance Ratio (MPR) for such LD Period.

Measured Performance Ratio; Liquidated Damages; Termination Rights. Calculation of Measured Performance Ratio ("MPR"). The Measured Performance Ratio ("MPR") represents the Facility’s measured AC power output compared to its theoretical DC power output under the standard test conditions of 1000 W/ and 25°C, as adjusted for the plane of array irradiance conditions measured at the Site. Following the end of each LD Period, the Measured Performance Ratio shall be calculated for such LD Period (using the previous 12 months of 2-second data provided via SCADA) as follows: Where: = each 15 minute interval where the measured plane of array irradiance exceeds 600W/m2 is the measured AC power output of the Facility averaged over time period i (MW) = plane of array irradiance at the standard condition of 1000 is the DC rated capacity of the Facility at the standard test conditions of 1000 W/m2 and 25°C (MW), (i.e. the DC power rating of the PV panels at standard test conditions multiplied by the number of panels in the Facility); is the measured plane of array irradiance averaged over time period i ( / ); The data used in the foregoing calculation shall be filtered by including only periods in which, for the entire 15-minute interval, both the plane of array irradiance is not less than 600 W/m̂2 and the Facility is in unconstrained operationsFull Dispatch. The aforementioned 15-minute intervals are fixed intervals that commence, in sequence, at the top of each hour and at 15, 30 and 45 minutes past the hour. The Measured Performance Ratio shall be calculated for the set of filtered SCADA data points available for the applicable LD Period. The result of the foregoing calculation for the entire LD Period shall be the Measured Performance Ratio (MPR) for such LD Period.