Solar Renewable Energy Certificates definition

Solar Renewable Energy Certificates or “SRECs” means the certificate representing the environmental attributes associated with Energy, as developed under the oversight and regulations of the State of Connecticut Public Utilities Regulatory Authority, including any modifications or revisions thereof adopted by such regulator or any successor agency.
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Solar Renewable Energy Certificates or “SRECs” specifically means the electronic record of generation data representing one megawatt hour (MWh) of solar photovoltaic electricity generation or solar thermal generation from a Generation Unit registered with the Applicable Tracking System, or an SREC imported from a compatible certificate tracking system which uniquely defines the generation attribute associated with that Certificate. Throughout this agreement and these Terms and Conditions, the term RECs refers to any RECs, including SRECs.
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Solar Renewable Energy Certificates or "SRECs" means those renewable energy credits specifically associated with the production of solar energy as set out in the Renewable Portfolio Standard Act of Maryland, enacted on May 26, 2004 pursuant to the Maryland PUC § 7-701 and Maryland Senate Bill 595, as may be amended and in effect from time to time. SRECs include all Environmental Attributes associated with the production of electrical energy from the Project.
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Examples of Solar Renewable Energy Certificates in a sentence

  • Buyer: Product: Solar Renewable Energy Certificates (“SRECs”), as defined in the Master Agreement.

  • All Environmental Attributes and Capacity Attributes relating to the SEF or the Energy will be and shall remain property of Seller including, without limitation, Solar Renewable Energy Certificates or any comparable instruments.

  • Buyer: ______________________________________________ Product: Solar Renewable Energy Certificates (“SRECs”), as defined in the Master Agreement.

  • To meet this requirement, the New Jersey Board of Public Utilities (the “BPU”), through its Office of Clean Energy, established a program for the use and trading of Solar Renewable Energy Certificates (“SRECs”).

  • After the sixth year of the PPA, if the price the developer receives for Solar Renewable Energy Certificates (SRECs) is above $450 per SREC, the Town will received 25% of the price above $450.

  • The quarterly RPS exposure for each BGS-RSCP Supplier will be calculated by the Company every three months for the first three quarters of the Energy Year on the day after the deadline for transfer of Renewable Energy Certificates and Solar Renewable Energy Certificates as provided to the BGS-RSCP Supplier in a statement issued by the Company on the 10th Business Day of September, December, and March during the term of this Agreement, starting on the tenth 10th Business Day of September, 2020.

  • Solar Renewable Energy Certificates (SRECs) represent the environmental attributes of solar energy systems and can be traded separately from commodity electricity.

  • Further information on Government Security Classifications and Framework Agreements can be found at: h ttps://xxx.xxx.xx/xxxxxxxxxx/xxxxxxxxxxxx/xxxxxxxxxx-xxxxxxxx-xxxxxxxxxxxxxxx 119.

  • Unless otherwise specified on Exhibits 1 or 6, Seller is the owner of all Environmental Attributes and is entitled to the benefit of all New Jersey Solar Renewable Energy Certificates, Tax Credits, and Purchaser’s purchase of electricity under this Agreement does not include Environmental Attributes or the right to Tax Credits or any other attributes of ownership and operation of the System, all of which shall be retained by Seller.

Related to Solar Renewable Energy Certificates

  • Solar renewable energy certificate or "SREC" means a

  • Renewable Energy Certificates or “RECs” shall mean all of the Certificates and any and all other Environmental Attributes associated with the Products or otherwise produced by the Facility which satisfy the RPS for a RPS Class I Renewable Generation Unit, and shall represent title to and claim over all Environmental Attributes associated with the specified MWh of generation from such RPS Class I Renewable Generation Unit.

  • Renewable Energy Certificate or "REC" means a certificate

  • Class I renewable energy means electric energy produced from

  • Class II renewable energy means electric energy produced at a

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable energy project means (A) a project

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • PJM Interconnection, L.L.C. or "PJM" means the privately-

  • Renewable Energy Standard means the minimum renewable energy capacity portfolio, if applicable, and the renewable energy credit portfolio required to be achieved under section 28 or former section 27.

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Energy Star means the U.S. EPA’s energy efficiency product labeling program.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

  • Generation Interconnection Agreement means the generation interconnection agreement to be entered into separately between Seller and PGE, providing for the construction, operation, and maintenance of interconnection facilities required to accommodate deliveries of Seller's Net Output.