23 Feb 2009
by Peter Richards in REEEP
In a unique project financed by the Renewable Energy and Energy Efficiency Partnership (REEEP) and implemented by the Government of Canada’s RETScreen International in association with The Energy + Environment Foundation, New York and Washington, D.C. energy lawyers have donated their time pro bono to create templates of key legal documents required for clean energy projects.
Templates of legal documents used for wind farm and other renewable energy projects are available on the RETScreen website.
The RETScreen Clean Energy Project Analysis Software® is a comprehensive clean energy decision-making tool for analyzing the financial viability of renewable-energy and energy-efficient technologies (RETs). The software, whose aim is to reduce the transaction costs (both financial and time) associated with identifying and assessing clean energy projects, is available free of charge in 30 languages covering 2/3rds of the world’s population.
“A variety of energy project model documents and suites of documents can be downloaded for free and then modified to meet local conditions. Our goal is to provide developers and attorneys access to these templates to help save in legal costs” stated Dr. Craig Hart, counsel in Alston & Bird’s Energy Infrastructure & Climate Change Practice, and Executive Director of the Energy + Environment Foundation, in Washington, DC.
The legal documentation project was launched today in New Delhi and the project received endorsement from India’s renewable energy agency, IREDA. “RETScreen aims to reduce the transaction costs of clean energy project development, but until this stage, nobody has ever addressed the legal costs in such a comprehensive way,” stated Debashish Majumdar, Chairman and Managing Director of IREDA, the Indian Renewable Energy Development Agency.
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