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PPAs

A PPA is a contract between two parties:

Seller: The party that generates electricity.
Buyer: The party looking to purchase electricity.

The PPA specifies all commercial terms for the electricity
sale, which can include:

Pricing structure: Fixed, indexed, or “shaped” rates.
Start  date:  When  the  project  will  begin  commercial
operation.
Delivery schedule: The timeline for electricity delivery.
Penalties:  Consequences  for  under-delivery  of
electricity.
Payment terms: Conditions for financial transactions.
Termination  terms:  Conditions  under  which  the
contract may end.