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The Global Solar Energy Standardisation InitiativThe Global Solar Energy Standardisation InitiativThe Global Solar Energy Standardisation InitiativThe Global Solar Energy Standardisation Initiativeeee Joining Forces Together to Scale upJoining Forces Together to Scale upJoining Forces Together to Scale upJoining Forces Together to Scale up Solar EnergySolar EnergySolar EnergySolar Energy
Our working structure The Initiative consists of seven core and five additional streams of work. Each stream is dedicated to a
contract and/or guidance note with input from a large variety of stakeholders across the whole solar
industry value chain to ensure we deliver a bankable set of documentation supported by all the industry.
Contracts to be standardised
PPA // Supply Agreements // Installation Agreement // O&M Agreement
// Finance Facility Agreement and Financial References //
Implementation Agreement Guideline // Project Development Guideline //
Governing Law // Dispute Resolution // Corruption and Sanction // Force Majeure
Streamline
This Initiative aims to design and
draft a comprehensive set of
open source contracts and
guidelines to reduce
development time and costs of
transaction that weigh heavily
on the competitiveness of solar
energy. The key objective is thus
to simplify and streamline the
existing practices by
redesigning and rethinking how
to deliver a more balanced
approach to risk allocation that
could contribute to reduced
industry costs and an increased
deployment of solar around the
globe.
Collaborate
The Initiative brings together a
large group of public and private
sector key experts within the
industry (covering financing,
development, supplier,
insurance and legal expertise).
They share a common interest
in the need for standardising
solar energy project and finance
documentation. The working
group members and
participants together define and
agree on the core terms for the
standard documentation
needed, to set a global quality
benchmarks and standards for
the sustainability of the industry.
Innovate
The wide spectrum of participants
brings a great amount of expertise and
know-how from the market. However,
the core objective of the Initiative is not
to automatically repeat what has been
adopted in the past. All participants to
the discussions are invited to challenge
both the concepts which might prevail
to date in the industry and even
sometimes their own ideas and
practices. Addressing the weakness
and complexity of present practices
whilst innovating will allow us to
produce together a bankable, cost-
oriented and easy-to-implement set of
documentation, ensuring a balanced
and fair risk-allocation through all the
value chains of solar projects.
Our working stream leaders
The Global Solar Energy Standardisation Initiative is a collaboration amongst experts in the industry and is
made possible with strong commitment and support from the Members of various working streams. Our
working streams - dedicated to each target contract – are led by partners at globally recognised law firms.
Working StreamWorking StreamWorking StreamWorking Stream OrganisationOrganisationOrganisationOrganisation LeaderLeaderLeaderLeader
PPAPPAPPAPPA
Leïla Hubeaut
Anne Lapierre
SUPPLY AGREEMENT SUPPLY AGREEMENT SUPPLY AGREEMENT SUPPLY AGREEMENT
+ DRAFTING + DRAFTING + DRAFTING + DRAFTING
APPROACHAPPROACHAPPROACHAPPROACH
Agnieszka Klich
Nedal Jounaidi
Richard Oliver
INSTALLATION INSTALLATION INSTALLATION INSTALLATION
AGREEMENTAGREEMENTAGREEMENTAGREEMENT
Bree Miechel
O&MO&MO&MO&M
Máté Heisz
Elizabeth Reid
Carol Cloughley
Rhianna Wilsher
Sophie Dingenen
Working StreamWorking StreamWorking StreamWorking Stream OrganisationOrganisationOrganisationOrganisation LeaderLeaderLeaderLeader
FINANCE FACILITY FINANCE FACILITY FINANCE FACILITY FINANCE FACILITY
AGREEMENT+ AGREEMENT+ AGREEMENT+ AGREEMENT+
FINANCIAL REFERENCESFINANCIAL REFERENCESFINANCIAL REFERENCESFINANCIAL REFERENCES
Craig Nethercott
John-Patrick Sweny
Chirag Sanghrajka
IMPLEMENTATION IMPLEMENTATION IMPLEMENTATION IMPLEMENTATION
AGREEMENTAGREEMENTAGREEMENTAGREEMENT Kirsti Massie
PROJECT PROJECT PROJECT PROJECT
DEVELOPMENT DEVELOPMENT DEVELOPMENT DEVELOPMENT
GUIDELINEGUIDELINEGUIDELINEGUIDELINE
Jen Stolp
GOVERNING LAWGOVERNING LAWGOVERNING LAWGOVERNING LAW
Daniel Reichert-Facilides
DISPUTE RESOLUTIONDISPUTE RESOLUTIONDISPUTE RESOLUTIONDISPUTE RESOLUTION
Mary Anne Roff
CORRUPTION AND CORRUPTION AND CORRUPTION AND CORRUPTION AND
SANCTIONSANCTIONSANCTIONSANCTION James Lindop
FORCE MAJEUREFORCE MAJEUREFORCE MAJEUREFORCE MAJEURE
Kilian de Cintre
Our working process To ensure the delivery of a conclusive and complete set of documents to the global industry, the Initiative
has been divided in four core phases:
Phase1:
Brainstorming Process
Phase 2:
Contractual Drafting
Phase 3:
Review Process
Phase 4:
Launch
Detailed discussion
between members and
preparation of
assumption paper/term
sheet prior to the
detailed drafting for
contractual
documentation output.
Drafting of detailed contracts
and guidelines to be delivered
to the market.
Overseeing and reviewing
of all contracts and
guidelines for consistency
in consultation industry
stakeholders. Upon receipt
of feedback, the teams will
take into consideration
such responses before the
finalisation and official
launch to the market.
Launching of the final
product to the market
through dedicated events
and alongside key events
of the energy sector. The
final product will be
launched online for open
and free access for the
global solar sector’s use.
Our main forthcoming events
Nov 2017
Leaders Workshop (London)
Jan 2018
World Future Energy Summit
(Abu Dhabi)
Q2 2018
Official Launch of the final
package
July - December 2018
Roadshows
(various locations)
One day working session for
leaders to discuss cross-
cutting issues and ways to
tackle challenges towards
finalising contract drafts.
Launch of the review phase
– to invite a wider group of
stakeholders in the industry
to a shared online platform
for collaborative review
process and comments.
Official launch of the final
standardised contract
package freely available
online for renewable
energy stakeholders
around the world.
Regional and national events
targeting local stakeholders
(project developers, off-takers
and financial institutions) to
ensure high rate of utilisation
and uptake of the final
contract package.
PPPPlease contact us if you would like to be involved in the lease contact us if you would like to be involved in the lease contact us if you would like to be involved in the lease contact us if you would like to be involved in the InitiativeInitiativeInitiativeInitiative
IRENA IRENA IRENA IRENA
Director Director Director Director –––– Knowledge, Policy and Finance CentreKnowledge, Policy and Finance CentreKnowledge, Policy and Finance CentreKnowledge, Policy and Finance Centre
Henning Wuester – [email protected]
TWITWITWITWI
Project Director Project Director Project Director Project Director
Nicole Iseppi – [email protected]
Associate Programme Officer Associate Programme Officer Associate Programme Officer Associate Programme Officer –––– RE FinanceRE FinanceRE FinanceRE Finance
Joanne Lee – [email protected]
Project Officer Project Officer Project Officer Project Officer
Yannick Dubois – [email protected]
