On April 12, 2021, the Ukrainian Wind Energy Association hosted the webinar “Features of wind turbine supply contracts”, which is the second in the 2021 series focusing on both theoretical and practical aspects of national wind power development.
The commissioning of each wind power plant starts with the negotiations between developers and manufacturers on wind turbine supply contract. Even after having the contract agreed by international banks or other financial institution, such negotiations can last from several months to one year. The supply of wind turbines is also a fairly long process that takes at least nine months. Therefore, to have wind turbines erected and commissioned in 2022, developers should conclude supply contracts with wind turbine manufacturers still this year.
Speakers of the second webinar included representatives from the law firm Sayenko Kharenko – member of the UWEA.
During the event, Maryna Hritsyshyna, Counselor, Head of Energy Practice at Sayenko Kharenko and Member of the UWEA Board, together with Volodymyr Yaremenko, Counselor, Head of Industrial Infrastructure Group at Sayenko Kharenko, discussed the following issues:
- How to structure wind turbine supply contracts;
- Which contract to choose – contract of supply or EPC contract;
- What do onshore and offshore contract’s obligations mean;
- Which type of contract should be used for wind turbines delivery;
- What are the features of FIDIC contracts.
Andriy Konechenkov, the Chairman of the UWEA Board, moderated the discussion.
Recording of the webinar: https://www.youtube.com/watch?v=bj3tkeYkaiw&t=654s
