Although several contracts can be signed to build a renewable energy plant, the most common approach is an EPC contract: Engineering Procurement and Construction (EPC: Engineering Procurement Construction). Under an EPC (EPC) contract, a prime contractor is engaged to perform the detailed engineering design of the project, and procure all necessary equipment and materials, and […]

In an economy, the production and supply of electricity is vital. Electricity is involved in almost all goods and services, and in large quantities, consumed directly by households. The term “electricity market” refers generally to the various forms of organization of the electricity production and marketing sector. There are generally two types of structure: 1 […]