Energy Systems Group was founded for the sole purpose of providing solar installers with the world''s best products that are designed to suit New Zealand''s harsh environments.
In the second installment of our series addressing best practices, challenges and opportunities in utility-scale battery energy storage systems deployment, we examine
Despite the decline of solar panel prices over the last decade, many land owner, smaller businesses and organizations may not have the operating capital allocated for a high-quality
Most encouraging, one Southeast utility has successfully completed negotiation of a turnkey EPC agreement for a new advanced two-unit nuclear plant, although the proposed project remains
The average price of a 280Ah/0.5C storage battery hovered around 0.38 yuan/Wh in March 2024. According to our data, the average winning price for a 2-hour ESS is approximately 0.63 yuan/Wh, resulting in a price gap
METKA EGN wins EPC contract for two Kazakh photovoltaic projects METKA EGN has signed engineering, construction and procurement (EPC) contracts with Total Eren for two photovoltaic projects in Kazakhstan. MYTILINEOS SA has
Chint New Energy and local developer Solar Bay jointly announced an important cooperation result - the successful acquisition of an EPC construction contract for a 21MWdc
Consequently, in New Zealand the solar EPC contracts are either based on the FIDIC suite, or bespoke agreements used by private developers in other jurisdictions.
Endless Energy has the expertise, capacity, and connections to provide cost-saving solar solutions to New Zealand businesses and homes.
Solar Energy Solutions is a well-established Solar supply and installation service that operates nation-wide. We provide customised solutions for any domestic, commercial or off-grid
In this article, we consider what the best contracting model may be in order to deliver New Zealand''s significant renewable construction projects in an expedient and effective way, and to minimise the likelihood of disputes
However, until recently, they have not been as frequently or commonly used in New Zealand, and there is currently no New Zealand standard form EPC contract available for use by renewable energy developers.
Construction of turnkey PV and BESS plants in the MW range. Reliable consultant in the EPC process from plant design to the operating phase.
Leveraging on the 13 years of international experience in the solar industry and the support of all Ethical Power Group companies, we are quickly becoming the leading solar EPC company in New Zealand.
In the realm of renewable energy, the solar industry stands at the forefront, offering sustainable solutions for powering the future. As the demand for solar installations continues to rise, it is imperative to understand the intricacies of
This Second Edition of the Conditions of Contract for EPC/Turnkey Projects has been published by the Fédération Internationale des Ingénieurs-Conseils (FIDIC) as an update of the FIDIC
EPC Contracts are comprehensive agreements in which a single contractor takes on full responsibility for the engineering (E), procurement (P), and construction (C) phases of a
The negotiation of an engineering, procurement and construction (EPC) agreement for a battery energy storage systems (BESS) project typically surfaces many of the same contractual risk allocation issues
EPC, short for Engineering, Procurement, and Construction, refers to the design-build construction of solar photovoltaic energy systems. SWELECT (It is combined from "SWE" and "ELLECT," where "SWE" stands for
The latest version of the EPC Best Practice Guidelines take a new approach to occupational health & safety by combining these with security, environmental and biodiversity protection in a
We prioritise designing and optimising solar panel systems for New Zealand''s variable weather, using Tier 1 products to ensure maximum energy generation with minimal reliance on the grid,
In our experience, developers of renewable energy projects in New Zealand are currently either adapting international standard forms of EPC contracts (such as the FIDIC Silver Book) or, more often, using bespoke forms
Sola Sun Systems is your trusted partner in solar energy solutions. Committed to sustainability and innovation, we deliver top-notch engineering, procurement, and construction (EPC)
We offer turnkey solar energy solutions for commercial and industrial businesses, everything from panel installation, PV system design, solar engineering, project management, and underwriting to subcontracting and consulting services.
Image by: Meridian Energy Ltd. The NZD-227-million project will create Meridian Energy''s first photovoltaic (PV) farm in New Zealand, the country''s largest electricity producer said on Tuesday. Apart from delivering
Infratec is the leading constructor of utility scale solar PV in New Zealand. Our leadership position is derived from client tailored Engineer, Procure and Construct models which we have
In this article, we consider what the best contracting model may be in order to deliver New Zealand''s significant renewable construction projects in an expedient and effective
In 1998, FIDIC issued the test edition of the Conditions of Contract for EPC Turnkey Projects, a new standard form also referred to as the "Silver Book" because of the color of its front cover (1).
The key issues when negotiating construction and engineering contract terms and conditions on energy transition projects.The way these risks are treated is connected with
EPC vs Turnkey Projects, In the world of project management, two common terms often come up: EPC (Engineering, Procurement, and Construction) and Turnkey projects.
EECA''s 2021 report is a useful source of information for New Zealand businesses considering investing in on-site solar – bearing in mind that the cost of both solar installations and electricity has changed since the report was published in 2021.
One of the main drivers for and major advantages delivering a project under an EPC or turnkey contract, as opposed to adopting a multi-contract approach, is that project developers and project finance lenders have a single point of responsibility.
An EPC Contract delivers these requirements in a single integrated package, which is one of the major reasons why EPC Contracts are the most common form of construction contract used in project-financed utility-scale solar projects. The key clauses in any construction contract are those that impact on time, cost and quality.
The risk profile agreed under an EPC contract is generally not appropriate for passing down to the domestic subcontractor market. This is in large part because New Zealand subcontractors do not have the balance sheet to support the transfer of risk that is common in bespoke EPC contracts.
A bankable EPC Contract is a contract with a risk allocation between the Contractor and the Project Company to the satisfaction of Lenders and their credit committees.
At a fundamental level, it is imperative that the appropriate party corresponds with the relevant project stakeholders. The Project Company must ensure the EPC Contract states clearly that it is the appropriate party to correspond with any government agencies or authorities and the offtaker.
Any uncertainty in the EPC Contract may unfortunately see the Contractor liaising directly with these third parties and possibly risking the relationship of the Project Company with key influencers, customers and long-term neighbours.
