Common use of Solar Generation Guarantee Clause in Contracts

Solar Generation Guarantee. Where the accepted Proposal includes a Solar Generation Guarantee, then subject to the terms of this Schedule 2, eleXsys Energy Pty Ltd trading as Planet Ark Power will guarantee for 5 years that the generation (in kWh/year) of the PV System under this Contract will achieve at least 90% of the adjusted* PV System Estimated Yield stated in the table below (Solar Generation Guarantee). *The PV System Estimated Yield, set out in the System Hand Over Manual, will be adjusted annually for degradation in solar panel performance, weather and climatic variations over subsequent annual periods based on PA Power's modelling as set-out in the System Hand Over Manual. The Solar Generation Guarantee for this Contract is based on the PV System Estimated Yield as set out in the System Hand Over Manual.: