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Renewable Energy Contracts

Why use FIDIC contracts?

FIDIC contracts provide a balanced risk allocation between the employer and contractor, which is recognized and preferred by international lenders and investors.

What is a "Stabilization Clause"?

It protects investors from adverse changes in law (e.g., tax hikes) by freezing the legal regime or providing compensation for the economic impact of such changes.

How to handle currency risks in contracts?

PPAs in Georgia are often denominated in USD or EUR but paid in GEL. Contracts must include precise exchange rate adjustment mechanisms to hedge against currency fluctuation.

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Renewable Energy Contracts encompass all legal documents necessary for realizing green energy projects. This broad category unites specific agreements for hydro, wind, solar, and biomass projects. A correct contractual structure is the foundation of a project's success, as it defines risk allocation among the investor, builder, operator, and the state. Renewable energy contracts are often complex and require knowledge of international standards (FIDIC, ISDA) and local legislation.

Lawyers represented on the Legal.ge platform offer a full package of renewable energy contracts. Services include:

  • MOU and IA (Implementation Agreement): Preparing agreements with the government defining project implementation timelines and conditions.
  • PPA and CFD (Contract for Difference): Negotiating energy sales and difference contracts with ESCO or private off-takers.
  • Land and Resource Contracts: Legally organizing land lease, water use, or biomass supply contracts.
  • Construction and Operation Contracts: Adapting EPC and O&M contracts to specific technology needs (e.g., HPP vs. Wind).
  • Financing Agreements: Concluding loan and investment agreements (LMA) with banks and funds.

Renewable energy contract services are necessary in the following scenarios:

  • An investor starts a multi-technology project (e.g., solar and wind hybrid) and needs a complex contractual scheme.
  • A developer wants to sign a Corporate PPA with a Data Center. A lawyer prepares an agreement ensuring uninterrupted power supply.
  • The state changes market rules. An investor needs to review and adapt existing contracts to new regulations.
  • A contractor violated construction deadlines. A lawyer manages the dispute and enforces contractual sanctions.

The field is regulated by the Civil Code of Georgia, the Law on Energy and Water Supply, and international arbitration practice. Most contracts are drafted in English and subject to international standards.

Collaborating with a Legal.ge specialist guarantees that your contracts will be legally strong and commercially viable. Our lawyers will help you create a solid foundation for your green energy business.

Find contract experts on Legal.ge. Our platform gives you access to lawyers experienced in working with all types of contracts in the energy sector.

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