Energy Storage Contract Support
Fractal provides energy storage contract structuring, negotiations and advisory.
Contract Due Diligence
- Review and improve commercial terms and agreements
- Review and improve warranty and performance guarantees
- Battery Warranty and Performance Guarantees (Power, Energy, RTE, COD and Auxiliary Power)
- Construction and Start Up Plans/Tests
- Metering, Annual Testing, Witnessing/Verification
- Insurance, Termination, Default
- Design and Construction Scope Delineation
- Review and improve FAT, SAT, commissioning and performance testing
- Perform (or review) annual testing witnessing/verification
- Operations, Monitoring and Maintenance and Service Level Agreements (SLA)
- System Uptime or Availability Guarantees
- Liability and Liquidated Damages
- Dispute Resolution / Force Majeure
- Milestone Payments, Purchase and Sale
Turn-Key Energy Storage Contracts
Fractal can supply a mature Term Sheet and Capacity/Lease/Tolling Contract adapted for the project conditions. It is approximately 80 pages in length and utility approved.
Fractal can supply a mature O&M Agreement that contains necessary articles and exhibits. It is approximately 18 pages in length and utility approved.
Fractal can supply a mature EPC Contract adapted for the project conditions. The Agreement is a turnkey document that contains necessary articles and exhibits. It is approximately 71 pages in length and utility approved.