Solar Energy Sample Clauses

Solar Energy. The LANDLORD, through its CSR policy, is adhered to the declaration of principles of the UN Global Compact that pursues the fulfillment of the Sustainable Development Goals (SDGs) within the framework of institutions and companies. The industrial sector is an environment that is particularly sensitive to the objective linked to energy consumption, water, sustainable resources and respect for the environment. In this scenario, it is essential for the LESSOR to encourage and promote the use of energy systems from renewable sources among its tenants. In order to bring the industrial sector closer to a sustainable environment, the LESSEE is obliged to incorporate in the construction project of any building, the installation of photovoltaic solar energy on the maximum possible surface of the roof. To this end, the LANDLORD shall collaborate with the LESSEE to provide the technical support necessary to optimize the implementation of PV. In the event that the LESSEE does not carry out such implementation on the roof, the CONSORTIUM reserves the right of use and exploitation of such roofs to carry out, at the CONSORTIUM’s expense, the implementation of solar photovoltaic energy by contracting the service to specialized third parties, unless the LESSEE sufficiently justifies the inconveniences that this implementation could entail to its operation.
Sample 1
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Solar Energy. The Base Building Work includes solar panels and systems designed to provide solar power to Building 2. Therefore, Landlord and Tenant hereby agree that notwithstanding any other inconsistent or contrary provision of this Lease: (i) Landlord will: (A) cause to be installed a solar photovoltaic system on the roof of Building 2, at Landlord’s sole cost, (B) receive the full benefit of any tax credits or rebates related to this installation, (C) maintain such solar photovoltaic system (including the solar panels/equipment), (D) charge to Tenant as a Property Maintenance Cost, the costs incurred by Landlord in connection with such maintenance, and (E) have no liability or obligations (except maintenance obligations) with respect to any shortfall in annual solar energy production, no matter what the cause of the shortfall. Without limiting the foregoing, if the shortfall results from Landlord’s failure to properly maintain the solar photovoltaic system (and/or panels or equipment), Landlord’s sole liability with respect to such failure will be to correct its maintenance operations so as to properly maintain the solar photovoltaic system, panels, and equipment, notwithstanding any inconsistent or contrary provision of this Lease, and in no event shall Tenant be entitled to any rent abatement as a result thereof; and (ii) Tenant will: (A) contract with the City of Palo Alto Utilities (“CPAU”) for power to the Building 2 and solar generation credits, (B) receive the full benefit of electricity cost savings attributable the solar system, and (C) cover any shortfall in annual solar energy production by power it obtains from CPAU, and not look to Landlord with respect thereto.
Sample 1
Solar Energy. Customer acknowledges that once solar energy is transmitted onto IPL’s electric distribution system, it is physically impossible to distinguish solar energy from energy produced by other means. Customer agrees that participation in the Community Solar Program helps support the use of solar energy in the IPL service territory, but energy actually delivered to Customer’s electric service address will be supplied from a mix of energy technologies.
Sample 1
Solar Energy. UNIVERSITY SIGNED A M.O.U. / PPA (POWER PURCHASE AGREEMENT) FOR 25 YEARS WITH M/S CLEANMAX ENVIRO ENERGY SOLUTIONS, WINNER OF THE BID / TENDER FLOATED BY SOLAR ENERGY CORPORATION OF INDIA (SECI) UNDER MINISTRY OF NEW & RENEWABLE ENERGY (MNRE) FOR “IMPLEMENTATION OF 1000 MW GRID CONNECTED SOLAR PV SYSTEM SCHEME FOR GOVERNMENT BUILDINGS IN DIFFERENT STATES/UNION TERRITORY OF INDIA UNDER CAPEX/RESCO MODEL” AS PER COMPETITIVE BIDDING UNDER RFS NO.: SECI/C&P/MNRE/1000MW RT/IND/122016 DATED: 09-12-2016. UNDER THIS SCHEME OF SECI / MNRE, UNIVERSITY UTILIZED THE BENEFITS OF THE RESCO MODEL, WHERE RISK MITIGATION OF EXTENT OF POWER GENERATION BY SOLAR IRRADIATION AS WELL AS NO UPFRONT CAPITAL EXPENDITURE REQIRED TO BE MADE BY THE UNIVERSITY. THE ENTIRE PROJECT COST WAS SOLELY BORNE BY THE DEVELOPER i.e. M/S CLEANMAX ENVIRO ENERGY SOLUTIONS AND UNIVERSITY HAS TO PAY FOR SOLAR UNITS GENERATED FROM THESE SOLAR PLANTS ON THE BASIS OF PPA (POWER PURCHASE AGREEMENT) SIGNED AT FIX RATE OF RS. 3.91 / UNIT FOR 25 YEARS. AFTER 25 YEARS, PLANT WILL BE COMPLETELY HANDED OVER TO THE UNIVERSITY WITHOUT ANY ADDITIONAL EXPENDITURE. • CAPITAL EXPENDITURE MADE BY THE UNIVERSITY : NIL • MODE OF EXECUTION : RESCO MODEL • PROJECT COST : 4.5 CRORES (APPROX.) • TOTAL ROOFTOP SOLAR AREA : 7500 SQ. MTRS • INSTALLED CAPACITY : 750 KWP • NO OF ROOFS USED : 9 ROOFS AND 2 PARKING AREA • SOLAR MODULES : 2300 (MAKE – ADANI) • INVERTERS : 18 (MAKE – DELTA) • DESIGNED NOMINAL GENERATION : 3000 UNITS / DAY(APPROX.) • SUBSIDY FROM SECI : 30% OF TOTAL PROJECT COST • DESIGNED ANNUAL GENERATION : 10,31,250 KWH • DEPRECIATION RATE OF GENERATION : 1.0% EVERY YEAR • PROJECT COST RECOVERY PERIOD INCLUDING O&M : 25 YEARS Xxxxxxxxxxx Hostel 31.2 315 Xxxxxxxxxx Hostel 31.2 315 Xxxxxxxxxx Hostel 101.4 1000 Ashoka Hostel 50.7 510 SBBT 1 50.7 510 SBBT 3 62.4 625 Legal Studies 50.7 510 Central Library 71.5 715 UIET 50.7 510 Car Park – Library 118.625 1200 Car Park - Auditorium 128.375 1300 Total 747.5 7510 Sr. No. Financial Year Days of Operation Energy Generated / Saved Direct Monetary Saving 1. 2018 - 2019 151* 3,03,660.2* KWH (Units) *from Date of Operation i.e. after Oct 2018 Rs. 14,18,093.13* 2. 2019 - 2020 365 9,93,799.08 KWH (Units) Rs. 46,39,781.22 3. 2020 - 2021 365 9,48,768.53KWH (Units) Rs. 66,57,053.10 4. 2021 - 2022 365 9,87,447.22 KWH (Units) Rs. 63,99,064.33 5. 2022 - 2023 305 7,77,556.72 KWH (Units) *from April 2022 to 30 Jan 2023 Rs. 39,52,339.28 *from April 2022 to 30 Jan 2023 Total Number of Se...
Sample 1

Related to Solar Energy

  • Energy Cooperation shall focus on: (a) renewable energy; (b) promoting the saving of energy; (c) applied research relating to networks of databases linking the two Parties' economic and social operators; (d) backing efforts to modernise and develop energy networks and the interconnection of such networks with Community networks.

  • PROJECT FINANCIAL RESOURCES i) Local In-kind Contributions $0 ii) Local Public Revenues $200,000 iii) Local Private Revenues iv) Other Public Revenues: $0 - ODOT/FHWA $0 - OEPA $0 - OWDA $0 - CDBG $0 - Other $0 v) OPWC Funds: - Loan Assistance $0

  • Bank Holding Company Borrower is not a “bank holding company” or a direct or indirect subsidiary of a “bank holding company” as defined in the Bank Holding Company Act of 1956, as amended, and Regulation Y thereunder of the Board of Governors of the Federal Reserve System.

  • OASIS The ISO shall maintain the OASIS for the New York Control Area.

  • Electric Storage Resources Developer interconnecting an electric storage resource shall establish an operating range in Appendix C of its LGIA that specifies a minimum state of charge and a maximum state of charge between which the electric storage resource will be required to provide primary frequency response consistent with the conditions set forth in Articles 9.5.5, 9.5.5.1, 9.5.5.2, and 9.5.5.3 of this Agreement. Appendix C shall specify whether the operating range is static or dynamic, and shall consider (1) the expected magnitude of frequency deviations in the interconnection; (2) the expected duration that system frequency will remain outside of the deadband parameter in the interconnection; (3) the expected incidence of frequency deviations outside of the deadband parameter in the interconnection; (4) the physical capabilities of the electric storage resource; (5) operational limitations of the electric storage resources due to manufacturer specification; and (6) any other relevant factors agreed to by the NYISO, Connecting Transmission Owner, and Developer. If the operating range is dynamic, then Appendix C must establish how frequently the operating range will be reevaluated and the factors that may be considered during its reevaluation. Developer’s electric storage resource is required to provide timely and sustained primary frequency response consistent with Article 9.5.5.2 of this Agreement when it is online and dispatched to inject electricity to the New York State Transmission System and/or receive electricity from the New York State Transmission System. This excludes circumstances when the electric storage resource is not dispatched to inject electricity to the New York State Transmission System and/or dispatched to receive electricity from the New York State Transmission System. If Developer’s electric storage resource is charging at the time of a frequency deviation outside of its deadband parameter, it is to increase (for over-frequency deviations) or decrease (for under-frequency deviations) the rate at which it is charging in accordance with its droop parameter. Developer’s electric storage resource is not required to change from charging to discharging, or vice versa, unless the response necessitated by the droop and deadband settings requires it to do so and it is technically capable of making such a transition.

  • Electric If Customer has selected an Electricity Fixed Rate on the Application, Customer’s Price will be based on the Fixed Rate(s) which includes Local and State taxes, Gross Receipts Tax (GRT), PJM Adjustment (defined below) charges and adjustments and Utility applied charges and/or fees related to generation, plus the Administration Charge, which includes, Electricity Balancing Amount and third party utility and billing charges.

  • PRIDE Subject to the agency determination provided for in sections 287.042(1) and 946.515, F.S., the following statement applies: IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT ANY ARTICLES WHICH ARE THE SUBJECT OF, OR REQUIRED TO CARRY OUT, THIS CONTRACT SHALL BE PURCHASED FROM THE CORPORATION IDENTIFIED UNDER CHAPTER 946, F.S., IN THE SAME MANNER AND UNDER THE SAME PROCEDURES SET FORTH IN SECTION 946.515(2) AND (4), F.S.; AND FOR PURPOSES OF THIS CONTRACT THE PERSON, FIRM, OR OTHER BUSINESS ENTITY CARRYING OUT THE PROVISIONS OF THIS CONTRACT SHALL BE DEEMED TO BE SUBSTITUTED FOR THIS AGENCY INSOFAR AS DEALINGS WITH SUCH CORPORATION ARE CONCERNED. Additional information about PRIDE and the commodities or contractual services it offers is available at xxxxx://xxx.xxxxx-xxxxxxxxxxx.xxx.

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures. 21.2 The Contractor shall have the right to use Natural Gas produced from the Contract Area for the purpose of Petroleum Operations including reinjection for pressure maintenance in Oil Fields, gas lifting and captive power generation required for Petroleum Operations. 21.3 For the purpose of sales in the domestic market pursuant to this Article 21, the Contractor shall have freedom to market the Gas and sell its entitlement.

  • NCL CORPORATION LTD an exempted company incorporated under the laws of Bermuda with its registered office at Park Xxxxx, 00 Xxx-xx-Xxxxx Xxxx, Xxxxxxxx XX 00, Bermuda (the "Guarantor")

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