Performance Ratio Sample Clauses
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Performance Ratio. The Performance Ratio, or Efficiency, of each Plant is calculated by means of the formula 1) The guaranteed Performance Ratio PRguar is based on the yearly average during long multi-year measurement periods. G PRguar PRpen Intermediate PRpen FAC The value of the Guaranteed Gain G indicated in the table shall be considered in case of Irradiation measured on a tilted fixed plane with an inclination of 30°; if the Irradiation is measured by the monitoring System (Horizontal plane Irradiation) an additional 11% has to be added to the Gain (in this case it will result G=36%). PR ≥ PRpen PR acceptable PR < PRpen Penalties (as stated in the EPC Agreement)
Performance Ratio. Minimum Energy Guarantee of the Solar PV Plant: - The Complete SPV Plant shall be designed and installed so as to deliver maximum power under the climatic conditions/location of site. The Nominal/Name plate output rating of the plant shall form the basis of calculation of the Performance Ratio. Design of the SPV Plant shall be such that the losses and in-efficiencies shall be minimized to ensure highest Performance Ratio. The procedure for performance monitoring is based on the standard IEC 61724 – PV system performance monitoring: Guidelines for measurement, data exchange and analysis.
Performance Ratio. The Borrower shall not permit the Performance Ratio to exceed 300%.