Solar Share definition

Solar Share means a 100kWh block of power whose output is understood to be generated from the PV installation (solar panels and their associated equipment). There are a limited number of this output and the associated Solar Shares.
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Examples of Solar Share in a sentence

  • Member’s only right in the Solar Facility is to receive Solar Share Production Credits based upon the number of shares paid for as provided in this Agreement.

  • Upon payment by CWP, Member’s right to receive Solar Share Production Credits from the Units repurchased ends, and CWP will have no further obligation to Member with regard to those Units.

  • Premium amount for 2017 is $0.20 per month per Coop Solar Share selected by MEMBER.

  • Each Sun Energy Solar Share that is issued and outstanding at the Effective Time shall automatically be cancelled and extinguished and converted, without any action on the part of the holder thereof, into the right to receive at the time and in the amounts described in this Agreement an amount of ACADIA Common Shares equal to 58,485,098 divided by the number of Sun Energy Solar Shares outstanding immediately prior to Closing.

  • Member elects Coop Solar Share(s) (“Coop Solar Share(s)”) Fixed Monthly Premium to “buy” the solar electricity generated by each MEMBER Coop Solar Share.