Which is the largest PV project in Azerbaijan under EPC Contracting Model?

These two projects mark the first large-scale PV projects of China Energy Engineering in Azerbaijan under the EPC contracting model. The Bilasuvar project, which has an AC capacity of 445MW and a DC capacity of 580MW, is the largest PV project under construction in Azerbaijan.

Should you choose an EPC contract for a solar project?

Given the significant monetary value of EPC Contracts, and the potential adverse consequences if problems occur during construction, the lowest price should not be the only factor used when selecting a Contractor. As noted earlier, an EPC Contract is one of a suite of agreements necessary to develop a solar project.

Will EPC contracts provide for the handover of a solar facility?

EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.

What does an EPC service provider do?

As an EPC service provider in the solar sector, we carry out the plant design, purchasing and construction of your solar power plant. As an EPC service provider, we design the plant (Engineering), purchase components and services (Procurement) and construct the power plant (Construction) including the infrastructure.

What is an EPC contract?

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.

What is a bankable EPC contract?

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.