Green Certificates definition

Green Certificates means tradable certificates evidencing a megawatt amount of electricity generated from renewable energy sources and injected into the public Grid, issued by the Romanian Authorities, according to Romanian Law no. 220/2008 regarding the system for promoting the production of electricity from renewable energy sources, as further amended and supplemented.
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Examples of Green Certificates in a sentence

  • Environmental Attributes include, but are not limited to, Green Tags, Green Certificates, Renewable Energy Credits (RECs) and Tradable Renewable Certificates (TRCs) directly associated with the production of energy from the Seller’s Facility.

  • Environmental Attributes include, but are not limited to, Green Tags, Green Certificates, Renewable Energy Credits (RECs) and Tradable Renewable Certificates (TRCs) (as those terms are commonly used in the regional electric utility industry) directly associated with the production of energy from the Seller’s Facility.

  • Seller or Companies own, or upon the Effective Date shall own, all of the Green Certificates and Green Certificates Rights, free and clear of all Liens.

  • From the date hereof through the Effective Date, Seller shall use its best efforts, including from the date on which Seller acquires each Company, causing such Company to use its best efforts, to (a) complete the Plants, including connecting such Plants to the Grid, and obtain all necessary Permits and other authorizations from Authorities for the issuance of the Green Certificates to the Companies, and (b) comply at all times with the Operating and Maintenance Agreement.

  • To the extent that such Green Certificates Rights or Minority Interests are then held by LuxCo or a subsequent transferee, Parent shall cause LuxCo or such subsequent transferee to comply with Seller’s repurchase right.

  • To the extent that the Excess is greater than the number of Green Certificates Rights Exchange Shares to be delivered pursuant to Sections 2.3 (c) and (d), Seller shall deliver Initial Shares (and Green Certificates Rights Stock Certificates representing those shares) to Parent.

  • During 2022, the Group reviewed its accounting policy relating to Green Certificates and RECs, based on decisions issued by the European Securities and Markets Authority (ESMA) regarding transactions of a similar nature.

  • This depends on the market value of the Green Certificates or the difference between the feed-in tariff and the system marginal price, depending on the type of the support scheme, and on any price modifiers that may apply.

  • Supplemental Vendor Information, RT London Logo MAS Certified Green Certificates Some participating public entities are required to seek Disadvantaged/Minority/Women Business & Federal HUBZone ("D/M/WBE/Federal HUBZone") vendors.