Guaranteed PV Plant Capacity definition

Guaranteed PV Plant Capacity means a PV Plant Capacity of [●] kW (AC). “Guaranteed Substantial Completion Date” means [ ], as may be adjusted by Change Order according to Article VIII.
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Guaranteed PV Plant Capacity means [ %] of the Modeled Capacity Rating from the As-Built Modeled AEP, as calculated in Exhibit J-2.
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Guaranteed PV Plant Capacity means a PV Plant Capacity of [●] kW (AC). “Guaranteed Substantial Completion Date” means [ ], as may be adjusted by
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Examples of Guaranteed PV Plant Capacity in a sentence

  • In addition, if pursuant to Successfully Run PV Plant Capacity Tests, Seller achieves the Minimum PV Plant Capacity but fails to achieve the Guaranteed PV Plant Capacity, subject to any retest procedures and other remedies set forth in the Agreement, then Seller shall pay, as set forth in the Agreement, the Initial PV Plant Capacity Liquidated Damages, if any, and the Final PV Plant Capacity Liquidated Damages, if any.

  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Guaranteed PV Plant Capacity until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “Capacity Test Cure Period”).

  • Seller agrees that if, based on the Initial PV Plant Capacity Test, the result of the Initial PV Plant Capacity Test (as adjusted by the AEP Adjustment Factor) shall have failed to equal or exceed the Guaranteed PV Plant Capacity, Seller shall pay an amount equal to the Initial PV Plant Capacity Liquidated Damages to Purchaser upon Project Substantial Completion.

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  • With respect to each Performance Test, if Seller achieves the Minimum Performance Test Requirements pursuant to such Successfully Run Performance Test but cannot achieve the Guaranteed PV Plant Capacity, in the case of a PV Plant Capacity Test, Seller shall pay to Purchaser the related liquidated damages as and when required under Article 15.

  • With respect to each Performance Test, if Seller achieves the Minimum Performance Test Requirements pursuant to such Successfully Run Performance Test but cannot achieve the Guaranteed XXXX XX Efficiency, in the case of a XXXX XX Efficiency Test, the Guaranteed XXXX Storage Capacity, in the case of a XXXX Storage Capacity Test, the Guaranteed PV Plant Capacity, in the case of a PV Plant Capacity Test, Seller shall pay to Purchaser the related liquidated damages as and when required under Article 15.

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  • After achieving Project Substantial Completion, Seller may, at its option and sole cost and expense, continue to attempt to achieve the Guaranteed PV Plant Capacity and Guaranteed XXXX Storage Capacity until the date that is ninety (90) Days after the Guaranteed Project Substantial Completion Date (such period, the “Capacity Test Cure Period”).

  • If and when Xxxxxx considers that the Work has achieved Final Completion, Seller shall certify the same to Buyer in writing by delivering a certificate substantially in the form of Exhibit BB (the “Final Completion Certificate”) signed by 51 NTD: Insert an amount equal to $1,500,000 per 100 MW(AC) of Guaranteed PV Plant Capacity (pro rated).

Related to Guaranteed PV Plant Capacity

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • System Capacity means the operational capacity of the Gathering System at any applicable point in time.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Rated Capacity means the Average Daily Flow for which the Works are approved to handle;

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Final RTO Unforced Capacity Obligation means the capacity obligation for the PJM Region, determined in accordance with RAA, Schedule 8. Financial Close:

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;

  • Committed Capacity means that portion of the Capacity that is required to meet the Capacity Entitlements of Access Holders;

  • Daily Unforced Capacity Obligation means the capacity obligation of a Load Serving Entity during the Delivery Year, determined in accordance with Reliability Assurance Agreement, Schedule 8, or, as to an FRR entity, in Reliability Assurance Agreement, Schedule 8.1. Day-ahead Congestion Price: “Day-ahead Congestion Price” shall mean the Congestion Price resulting from the Day-ahead Energy Market. Day-ahead Energy Market:

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.