Installed Generating Capacity definition

Installed Generating Capacity means the actual generating capacity of the Generating Facility, as measured in MW(ac) at the Delivery Point, that achieves Commercial Operation (up to but not in excess of the Guaranteed Capacity), adjusted for ambient conditions on the date of the performance test, and as evidenced by a certificate substantially in the form attached as Exhibit I hereto.

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Installed Generating Capacity means the actual generating capacity of the Generating Facility, as measured in MW(ac) at the Delivery Point, that achieves Commercial Operation, adjusted for ambient conditions on the date of the performance test, and as evidenced by a certificate substantially in the form attached as Exhibit I hereto. For the avoidance of doubt, if generating equipment installed at the Generating Facility could theoretically generate more than the Guaranteed Capacity at the Delivery Point, the Installed Generating Capacity shall equal the Guaranteed Capacity because the Generating Facility will be operated to not exceed the Interconnection Capacity Limit.

Installed Generating Capacity means the maximum demonstrated peak electrical output of the Generating Facility, as measured in MW at the Delivery Point, as adjusted for ambient conditions on the date of the performance test, and as evidenced by a certificate substantially in the form attached as Appendix G hereto.

Examples of Installed Generating Capacity in a sentence

• If Seller fails to construct the Guaranteed Generation Capacity by such date, Seller shall pay “Capacity Damages” to Buyer, in an amount equal to one hundred thousand dollars ($100,000) multiplied by each full or partial MW that the Guaranteed Generation Capacity exceeds the Installed Generating Capacity, and the Guaranteed Generation Capacity and other applicable portions of the Agreement shall be adjusted accordingly.

• If Seller fails to construct the Guaranteed Capacity by such date, Seller shall pay “Capacity Damages” to Buyer, in an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) for each MW that the Guaranteed Capacity exceeds the Installed Generating Capacity, and the Guaranteed Capacity and other applicable portions of the Agreement shall be adjusted accordingly.

• A Generating Facility using solar photovoltaic (PV) technology shall include a co-located Storage Facility with an Installed Battery Capacity that is not less than forty percent (40%) of the Installed Generating Capacity of the Generating Facility.

• If Seller fails to construct the Guaranteed Capacity by such date, Seller shall pay “Capacity Damages” to Buyer, in an amount equal to one hundred thousand dollars ($100,000) multiplied by each full or partial MW that the Guaranteed Capacity exceeds the Installed Generating Capacity, and the Guaranteed Capacity and other applicable portions of the Agreement shall be adjusted accordingly.

More Definitions of Installed Generating Capacity

Installed Generating Capacity means the actual generating capacity of the Generating Facility, as measured in MW(ac) at the Delivery Point, that achieves Commercial Operation, adjusted for ambient conditions on the date of the performance test, and as evidenced by a

Installed Generating Capacity means the manufacturer- rated generating capacity in megawatts of the Renovus Energy SES for which the Operations Date has occurred; and (ii) that are not inoperable due to an event of Force Majeure.

Installed Generating Capacity means the maximum demonstrated peak electrical output of the Generating Facility, as measured in MW at the Delivery Point, as adjusted for ambient conditions on the date of the performance test, and as evidenced by a certificate substantially in the form attached as Appendix G hereto. “MCE RPS Requirements” means (i) the California Renewables Portfolio Standard-compliant energy MCE is required to procure pursuant to the California Renewables Portfolio Standard, and (ii) any additional California Renewables Portfolio Standard-compliant energy procured by MCE in excess of the mandatory California Renewables Portfolio Standard requirements.