Proposed Nameplate Capacity definition
Examples of Proposed Nameplate Capacity in a sentence
For all Designated Systems where the difference between the Actual Nameplate Capacity and the Proposed Nameplate Capacity is not within the greater of: +/-5kW or +/- 25% of the Proposed Nameplate Capacity, as communicated by the IPA in writing to Buyer and Seller, then such Designated System shall be removed from this Agreement, and Seller shall have the option for such Designated System to be submitted under a new ABP application.
For each Designated System that is not yet Energized and where the Proposed Nameplate Capacity is greater than 25 kW, Seller shall provide to Buyer and the IPA a Bi-Annual System Status Report substantially in the form of Exhibit C-1 bi-annually starting six (6) months from the Trade Date of the applicable Product Order that includes the Designated System.
For all Designated Systems where the difference between the Actual Nameplate Capacity and the Proposed Nameplate Capacity is not within the greater of: +/-1kW or +/-5% of the Proposed Nameplate Capacity, as communicated by the IPA or its designee in writing to Buyer and Seller, then such Designated System shall be removed from this REC Contract, and Seller shall have the option for such Designated System to be submitted under a new ABP application.
For all Designated Systems where the difference between the Actual Nameplate Capacity and the Proposed Nameplate Capacity is not within the greater of: +/-5kW or +/-25% of the Proposed Nameplate Capacity, as communicated by the IPA in writing to Buyer and Seller, then such Designated System shall be removed from this Agreement, and Seller shall have the option for such Designated System to be submitted under a new ABP application.
For all Designated Systems where the difference between the Actual Nameplate Capacity and the Proposed Nameplate Capacity is not within the greater of: +/-5kW or +/-25% of the Proposed Nameplate Capacity, as communicated by the IPA or its designee in writing to Buyer and Seller, then such Designated System shall be removed from this REC Contract, and Seller shall have the option for such Designated System to be submitted under a new ABP application.
Cost Estimates Upon Seller’s request, 75% of Performance Assurance will be refundable if, prior to the Energization, an Interconnection Customer (as defined in Section 466.30 of Title 83 of the Illinois Administrative Code) seeking to interconnect the Project receives from the interconnecting utility a non-binding estimate of costs to construct the interconnection facilities and any required distribution upgrades in an amount exceeding 30 cents per watt AC of the Project’s Proposed Nameplate Capacity.
With respect to a Community Renewable Energy Generation Project, the Proposed Price shall be the SFA price regardless of whether an Anchor Tenant is proposed or not, and shall include a Price Adder based on a Community Solar Subscription Mix that assumes that 100% percent of the Proposed Nameplate Capacity is Subscribed by Small Subscribers.
For avoidance of doubt, if the size category of the Actual Nameplate Capacity relevant to determining REC prices under the ABP is the same as the size category of the Proposed Nameplate Capacity, the Contract Price for purposes of payment shall remain unchanged from the Proposed Price indicated in Schedule A to the Product Order applicable to such Designated System.
G: The Designated System’s Actual Nameplate Capacity is larger than the Proposed Nameplate Capacity and the difference is within the greater of: +5kW or +25% of the Proposed Nameplate Capacity, and Seller exercised its right to remove the Designated System by providing written notice to the IPA pursuant to Section 2.5(b).
For avoidance of doubt, the Contract Price for purposes of payment shall not include any additional adders that may be applicable to smaller sized generating units under the ABP; and the quantity of RECs used for purposes of payment shall be the lesser of: the REC quantities calculated based on the Proposed Nameplate Capacity and Capacity Factor and the Actual Nameplate Capacity and Capacity Factor.