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ET-Solutions AG | Berhard-Wicki-Strae 5 | 80636 Mnchen

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OPERATIONS AND MAINTENANCE
COMPREHENSIVE PACKAGE
SCOPE OF WORK

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Asset Monitoring 24/7
Fault Monitoring and Reports
Production Monitoring and
Report
Preventive Maintenance
Execution and Report
Corrective Maintenance
Grass Cutting and Field
Treatment
Module Cleaning
Spare Parts Management
Technical Advisory
Thermograpy
Insurance Management
Enviromental Advisory
Revamping and Retrofitting
Asset Monitoring 24/7
Fault Monitoring and Reports
Production Monitoring and
Report
Preventive Maintenance
Execution and Report
Corrective Maintenance
Grass Cutting and Field
Treatment
Module Cleaning
Spare Parts Management
Technical Advisory
Thermograpy
Insurance Management
Enviromental Advisory
Revamping and Retrofitting
Asset Monitoring 24/7
Fault Monitoring and Reports
Production Monitoring and
Report
Preventive Maintenance
Execution and Report
Corrective Maintenance
Grass Cutting and Field
Treatment
Module Cleaning
Spare Parts Management
Technical Advisory
Thermograpy
Insurance Management
Enviromental Advisory
Revamping and Retrofitting
OPTIONAL
NOT INCLUDED INCLUDED
ET-Solutions AG | Berhard-Wicki-Strae 5 | 80636 Mnchen




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O&M SOW COMPREHENSIVE PACKAGE
1. INTRODUCTION
2. REMOTE ASSET MONITORING
3. PREVENTIVE MAINTENANCE
3.1 PLANNED OPERATIONS
3.1.1 PLANNED VISUAL/INSTRUMENTAL CHECKS
3.1.1.1 MODULES
3.1.1.2 INVERTERS
3.1.1.3 STATIONS
3.1.1.4 STRUCTURES
3.1.1.5 CABLINGS
3.1.1.6 MONITORING SISTEM
3.1.1.7 GROUNDING
3.1.1.8 THERMOGRAPY (optional)
3.1.2 ENVIROMENTAL OPERATIONS
3.1.2.1 MODULES CLEANING
3.1.2.2 GRASS CUTTING
3.2 REPORTING
4. CORRECTIVE MAINTEINANCE
4.1 FAULT MANAGEMENT
4.2 REACTION TIMES
4.3 REPORTING
4.4 SPARE PARTS MANAGEMENT
5. MANAGEMENT SERVICES
5.1 TECHNICAL ADVISORY (optional)
5.2 THERMOGRAPHY
5.3 INSURANCE MANAGEMENT
5.4 ENVIROMENTAL ADVISORY
5.5 REVAMPING AND RETROFITTING

INCLUDED
ET-Solutions AG | Berhard-Wicki-Strae 5 | 80636 Mnchen




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1. Introduction
The present document describes ETS O&M Package to be provided to the Owner of the Plant (the
Owner)
The O&M activities are divided in:
Asset monitoring
Preventive Maintenance
Corrective Maintenance
Management Services
The document describes the main activities, their periodicity and the corrective maintenance reaction
time.
2. Remote Asset Monitoring
ETS will monitor activities on the Plant, its power generation, its Performance Ratio, Specific Yield, faults,
warnings and error messages. All data will be documented permanently and securely stored by the ETS
in accordance with the reasonable instructions of the Owner and will be made available to the Owner
upon request.
Significant data will include but not limited to:
a) Energy output (kWh) for each of the generation meters;
b) Plants Reporting Availability and Reporting Performance Ratio levels including
comparison against guaranteed values;
c) Pyranometer measured irradiation data, weather conditions from available data on
monitoring systems;
d) Inverter and string faults identified and recorded;
e) Time for both identifying the fault and rectifying the fault in accordance with Response
Times;
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f) Trends in faults;
g) All environmental and health and safety events.
Upon request from the Owner ETS can provide passwords for the Owner or any advisor appointed by
the Owner, to access and copy all data in the Remote Control System and Monitoring System.

3. Preventive Maintenance
Preventive Maintenance activities include all the activities that can be planned in advance.
3.1 Planned Operations
Planned operations activities include all the technical activities, directly related to the components of
the plant, or to the surrounding environment that can be planned in advance. The periodicity of the
preventive maintenance operations are determined by the datasheets and operational manual of the
components, the local and national technical, environmental and H&S laws and all the prescription
applicable to the plant.
ETS will operate also all the periodical activities, not determined by any of the upper condition, that are
needed to minimize the effect of the environment on the production of the plant.
3.1.1 Planned visual/instrumental checks
The planned visual/instrumental checks are strictly related to the components of the Plant. ETS will use
top market tools to check the parameters of the Plant. The Owner will be provided all the calibration
certificate of the tools. All the operative technician will be properly trained in the execution of the
operation under H&S criteria complying with local and national regulatory. This section of the O&M
SOW will examine the major activities for the main components of the Plant.
3.1.1.1 Modules
Modules planned visual/instrumental check and preventive maintenance operations include:
a) Check of the oxidation in the circuits of the photovoltaic cells;
b) Check of change of colour to yellow or brown (known as yellowing and browning) of the sealant
(EVA);
c) Deformations in the junction boxes of the module;
d) Check of the integrity of the junction boxes;
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e) Check of the tightening and of the status of the terminals of the panel-connection cables.
f) If leakage failures are detected, the affected elements shall be replaced and the terminals shall
be cleaned. It is important to take proper care of the seal of the terminal blocks, using new joints or a
silicone seal, as applicable
g) I-V curves will be measured: ETS will run random tests of strings at least once for each year in
the useful life of the Solar Park in order to confirm the proper operation and possible degradation of the
modules
3.1.1.2 Inverters
Inverters planned visual/instrumental check and preventive maintenance operations include:
a) General observation of the condition and operation of the inverter.
b) Check of the cabling and the connection of the components.
c) Verification that the area in which the inverter is located is clean, dry, well ventilated, and
properly air conditioned.
d) Check that the inverter is operating properly and that no extraneous noises are being produced
inside it.
e) Check that the room in which the inverter is located maintains proper temperatures, so to allow
environmental operating condition compatible with Supplier indications;
f) Annual review, preferably prior to summer.
g) Cleaning or changing of the air filters, when the inverter is shut down due to a lack of solar
radiation during daylight hours.
h) Inspection and subsequent tightening of the screw joints of all of the components, when the
inverter is shut down due to a lack of solar radiation during daylight hours.
i) Check and implementation of the ventilation and cooling function at different temperatures.
j) Visual inspection of the grounding contacts and the output level control, in relation to electrical
erosion and discoloration.
k) Reading the loss and failure memory.
l) Test of the operation of the input power switch, when the inverter is shut down due to a lack of
solar radiation during daylight hours.

3.1.1.3 Stations
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Stations planned visual/instrumental check and preventive maintenance operations include:
a) Health monitoring of structures
b) Integrity of the wiring and connections, presence of rodent damage and/or similar
c) Corrosion status of supports, frames, hardware, wiring, cable and connectors
d) Status and position control (on/off) of switches and circuit breakers
e) Indicators of operation control
f) Presence of burns check
g) Cleaning of corroded parts with elimination of the material degraded.
h) Restoring corrosion protection
i) Repair small damage
j) Tightening of joints control
k) General cleaning of the structure by removing extraneous elements eventually accumulated
(soil, leaves, debris, etc.)
3.1.1.4 Structures
Structures planned visual/instrumental check and preventive maintenance operations include
a) Checking the status of corrosion of the structures
b) Checking the status of corrosion of joints (rivets, bolts, welds)
c) Control of protection against corrosion (galvanization, anodizing, painting)
d) Operating status of the structures (for cracks, fractures, cracks, deformation, collapse)
e) Operating status of junctions (loosening, breakage, deformation)
f) Cleaning of corroded parts with elimination of the material degraded.
g) Restoring corrosion protection
h) Repair small damage
i) Tightening control of joints
j) General cleaning of the structure by removing extraneous elements eventually accumulated
(soil, leaves, debris,etc)

3.1.1.5 Cablings
Cabling planned visual/instrumental check and preventive maintenance operations include
a) Integrity of the wiring and connections, presence of rodent damage and/or similar
b) Corrosion status of supports, frames, hardware, clamps & connectors
c) Status and position control (on/off) switches and circuit breakers
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d) Presence of burns check
e) Clean all contacts reachable with antioxidant spray
f) Cleaning of corroded parts with elimination of the material degraded.
g) Restoring corrosion protection
h) Repair small damage from wear and tear.
i) Replacement of electrical wiring in case of injury to isolation, even if only suspected
j) Periodical check of the cable insulation value
3.1.1.6 Monitoring System
Monitoring planned visual/instrumental check and preventive maintenance operations include:
a) Integrity of the wiring and connections, presence of rodent damage and/or similar
b) Corrosion State control all metal parts
c) Presence of burns check
d) Display control
e) Control of reading and comparison with expected values
f) Correct operation and control of the State of the lights and warning devices
3.1.1.7 Grounding
Grounding planned visual/instrumental check and preventive maintenance operations include:
a) Integrity of the wiring and connections, presence of rodent damage and/or similar
b) Corrosion State control all metal parts
c) Presence of burns check
d) Periodical measures of the value of the ground resistance
3.1.1.8 Thermography (optional)
The thermograpic planned instrumental check include:
a) Periodical checks of a representative collection of plant modules;
b) Periodical check of the thermal level in the switch
c) Periodical checks of the MT Station to identify local heating
d) Periodical check of inverters connection

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3.1.2 Environmental operations
The planned environmental operations are performed to minimize the impact of biological/natural
agents on the plant.
The operations will be managed accordingly to the local/national regulatory without the usage of
polluting chemicals, scheduled so to avoid any loss of production from the plant.
3.1.2.1 Modules Cleaning
Module cleaning activity is a fundamental operation to avoid loss of efficiency from the modules.
The Module Cleaning activity will be performed with a periodicity of 2 times per year.
The module cleaning will be executed without the usage of chemicals that might result aggressive for
the modules. The period will be before summer and agreed with the Owner.
The module cleaning will be performed according to:
a) ETS will use NO soap and soft water. Hard water (with a high mineral content) can eventually
build up heavy deposits.
b) If chemical cleaning is required, ETS will use a detergent that will not damage aluminium.

3.1.2.2 Grass Cutting
Grass Cutting activity is a fundamental operation to avoid loss of efficiency from the modules.
The Grass Cutting activity will be performed with a periodicity of 2 times per year.
The module cleaning will be executed without the usage of mechanical tools where possible so to avoid
damages to the structures and the panels (high speed micro-stone glass breaking)

3.2 Reporting
The reporting periodicity and report content will be agreed with the Owner.
The report will include, at least, the:
1) Production value;
2) PR calculation;
3) General status of the plant:
4) Fault report;
5) Preventive Maintenance activities;
6) Corrective Maintenance activities;
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7) Fault analysis;
8) Next month program for O&M Preventive maintenance
9) Spare parts status

4. Corrective Maintenance
The corrective maintenance regards all the activities that cannot be planned in advance, triggered by
plant malfunctioning.
4.1 Fault Management
All the faults acknowledged trough the monitoring systems or during the plant periodical inspections,
will be promptly checked on site, according to the reaction times. An analysis of the fault causes will be
provided to the Owner. ETS will perform a statistical analysis of the fault to check recurring events. The
procedure will ensure the maximization of the MTBF (Mean Time Between failure).
4.2 Reaction Times
ETS reaction times will be limited to a maximum of 24h from the acknowledgement of the fault.
4.3 Reporting
Corrective Maintenance actions reporting will include:
a) Fault description
b) Equipment affected by the fault
c) Technical analysis of the fault
d) Reaction time
e) Action performed to maximize the MTBF

4.4 Spare Parts Management

ETS will support the Owner in the spare parts procurement activities with RFQ, technical specifications
of the warehouse, and minimum requirements for the warehouse.
A list of the spare parts to be provided to ensure the correct execution of the O&M activities will be
provided by ETS to the Owner.
ETS will periodically update the Owner on the consistency of the Spare Parts Warehouse, with a focus
on the most important components.

5. Managements Services
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The Management Services regards all the Engineering, Environmental activities related to the plant with the aim
of improving performance and minimizing the impact of the plant on the surrounding environment.
5.1 Technical Advisory (optional)
ETS will provide technical advisory to the Owner in the relationship with the grid operators and the local
and national government.
5.2 Thermograpy
ETS will provide periodical thermograpic analysis to check all potential panel/plants issues (hot spots,
cells breakdown, local hi temperatures)

5.3 Insurance Management
ETS will assist the Owner in all the warranty claims and will manage the warranty prescription
harmonizing the warranty requirements with the preventive maintenance protocols.
5.4 Environmental Advisory
By the means of top expert in environmental protection ETS will support the Owner in all the
environmental issues, minimizing the impact of the plant on the surrounding environment.
5.5 Revamping and retrofitting
ETS will support the customer in analysing all the improvement possibilities in the plant and possible
technical solutions to increase production and PR.


ET-Solutions AG | Berhard-Wicki-Strae 5 | 80636 Mnchen




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ACTIVITY
Monitoring DAILY
Visual Inspections
Possible breakage of glass, it generally produces for external actions and rarely to
thermal stress caused by assembly errors
Oxidations in the circuits and welds of the PV cells, usually due to moisture in the
panel
Color change from yellow to brown (a phenomenon known as yellowing &
browning) of the EVA.
Check the tightness (water resistance)
Check the Tedlar, inflammation may be a symptom of the same hot spot in the
module (bubbles).
Check the alignment of the cells and the interconnection conductor in the panel
Deformation of the connection boxes of the module due to overheating diodes
passage (known as bypass diodes) and / or high contact resistance due to an
incorrect tightening of an electrical terminal. No shocks or deformations in the
frame.
Check possible presence of defects on modules
Check electrical connections and wiring of the panels
Check the tightness and the state of the terminals of the connecting cables of the
panels
Checking the tightness of the terminals or the state of the protections of the
terminals, depending on the panel.
In case of failure to watertight, we will proceed to the replacement of damaged
parts, and cleaning the terminals. It 'important to check the sealing of the boxes of
the terminals using as appropriate, new joints or a sealing with silicon
Visual observation of the general status and operation of the inverter.
Check the wiring and connection of components
Check the cleanliness, ventilation, air-conditioning of the inverter.
Verify the proper operation of the inverter and the absence of noises
Check that the room (if any) in which the inverter is installed maintains proper
temperatures for these equipments (-10 to 65 C)
Testing of protective equipment and alarms
Verification of the absence of excessive overheating of the inverter, moisture and
infiltration
Visually check that there is no material damage
Annual Review preferably before the summer
1. Periodic measurements of efficiency
Measures will be undertaken conversion DC / AC inverter from the register
2. The preventive maintenance will be undertaken annually, also including the
measurements to ensure the optimal state of the entire system
Cleaning the dust from the equipment: circuits, cabins, fans, busbars, etc.
Cleaning the air filters when the inverter is stopped for lack of solar radiation in solar
hours.
Control and subsequent tightening of the joints of all components when the inverter
is stopped for lack of solar radiation in solar hours.
Check and execution of the function of ventilation and refrigeration distinct
temperatures
Visual inspection of the contacts ground, the plates and the control of the output
level in relation to electrical erosion and discoloration
Reading the error memory
Operation Test switch input power when the inverter is stopped for lack of solar
radiation in solar hours
Structures
Structures Check
Correct state of the foundations, checking the possible deterioration, cracks or loss
of material
Visual inspection of the state of the pins
Unions and fixing the panels to the structure loose. Clamping in line if necessary
Stability, strength and support of unions and securing the structure to ensure proper
anchoring to the ground
Elements of the structure without deformation
Absence of points oxidized, with the principles of oxidation or lack of galvanized.
Application of galvanized if necessary.
Visual inspection of the structure for signs of shock, corrosion, paint protection
status, the absence of water deposits, etc.
Annual tightening of unions to the base, locking pins
MV Cells
Cleaning metal casing of the cells
State metal casing: No excessive heat or humidity, shock, deformation, or bubbles
Proper leveling and fixing the cells
Check the level of pressure of SF6 in the cells
Presence voltage indicators for each phase of positioning of the cells
State of fixings and fasteners
State of the terminal
Check grounding of the cell to the general system of land
Visual ispections
Check that there is no leakage of oil in the sump, clamps, conduit, junction points,
sump, drain plugs, residues and sampling
No abnormal noise and temperature rise
Viewing the status of the transformer (painting and oxidation) verifying the absence
of opacity, ruts and oxides
Verify the existence and readability of the plaque showing the characteristics
Check the correct leveling and fixing the transformer
Grounding of the transformer
OPERATIONS
Measurement of the value of the phase voltages and secondary lines
General cleanliness of the transformers
Losses in LV and MV
Tightening of connections
LV Switchboards
Proper anchoring of the switchboard
Switchboard cleaning
Check of any impact, breakage or deformation
Tightness and absence of moisture. Checking Lack of moisture and condensation
inside the cabinet
Good condition of the plates and identifying elements of the framework and series
IP protection check
Plates identification of electrical hazards
Protective equipment for direct contact
Switch disconnectors or failures. State of the breaker
loose Connections
Correct state of overvoltage protection
Overheated busbar
Overheated cables
Metallic elements of the switchboard grounded (if necessary)
Presence of the opening and closing key (if necessary)
opening and closing of the door and the lock (if necessary)
Fuses in a bad state (if necessary)
The fuses will be revised every three (3) months 3 months
Cleaning solar panels 6 months
Clean inverter filter and inverter stations whenever necessary
Waste collection and disposal
Cleaning inverter stations every six (6) months
Cleaning, whenever the need arises and in any case at least 2 times a year, the
installations: the presence of nests, dust or dirt on the premises of transformation
and cabin
inverters, waste wells, excess fat in the pursuers, etc..
Half-yearly general cleaning of equipment and premises
Cleaning, at least once a month and maintenance of the weather station
Irradiance cells Cleanliness monthly
Grass cutting 2 x year
Pest and rodent control. (Quarterly apply at specific points (cable entries into
buildings, manholes and
3 months
Verification of the passive safety system
Electronic devices check
LV Safety Checks
Grounding checks
Measurement of the grounding sysstem yearly
monthly
yearly
yearly
6 months
yearly
6 months
yearly
6 months
yearly
yearly
MV Switchboards
yearly
Transformers
YEARLY
PV Panels
6 months
Yearly
Inverters
August September October November December+ April May June July
PERIODICITY
January February March


Title: Annex 3 Date: 15.04.14
Classification: CONFIDENTIAL Page 1 of 3


Owners Stock of Spare Parts

Contents

1. Owners Stock of Spare Parts ....................................................................................... 2




Title: Annex 3 Date: 15.04.14
Classification: CONFIDENTIAL Page 2 of 3

1. Owners Stock of Spare Parts

The following spares are defined as the O&M contractors agreement regarding minimum stock
requirements.
Storage conditions
All spare parts will be stored according to best practice and manufacturers requirements. This
includes but is not limited to the following:
No spare components should be visible from outside the park.
Electrical components should be stored within in line with manufacturer
recommendations (not exposed to extremes of temp/humidity)
Framing/modules should be stored off the ground and in such a way as to minimise
corrosion.
The following table provides a breakdown of the minimum stock of spare parts to be available for
the Plant.


Title: Annex 3 Date: 15.04.14
Classification: CONFIDENTIAL Page 3 of 3



No. Items Unit Qty Supplier
1 Generating Equipment
1.1 PV Module ET 305Wp Pcs 200 ET
1.2 Galvanized Mounting Structures excluding Foundation Set 1 table POWERWAY
1.3 Connectors Set 500 LOCAL BRAND
1.4 Combiner Boxes Set 10 CHINT
1.5 Inverter Units 1000 KW Set 1 CHINT
1.6 Inverter transformers 1250kVA, 0.315/0.315/11kV with combined ring main units Set 1 CHINT
1.7 Monitoring and communication unit Set 1 CHINT
2 Transfer station and MV Equipment
2.1 12KV High Voltage cabinets including bus coupler Set 1 CHINT
2.2 12KV MV Cabinets Set 1 CHINT
2.3 Control system AC cabinet pcs 1 CHINT
2.4 Low voltage power cabinet pcs 1 CHINT
3 Control and Protection Equipment (in transfer station)
3.2 Remote Control and GPS Set 1 CHINT
3.3 Communication cabinet (Plant) Set 1 CHINT
3.4 Protection, measuring and control devices in 12KV Cabinet Lot 1 CHINT
3.5 Fault Recording Device Set 1 CHINT
3.6 Collector for quality of Electrical Energy Set 1 CHINT
3.7 Metering panel for backup measurement of energy supplied to grid Set 1 CHINT
3.8 220V DC Load Distribution Unit with storage battery and charging device Set 1 CHINT
3.9 UPS 5 KVA for 2hours Set 1 HUALI
3.1 Weather station Set 1 LOCAL
3.11 Plant communication / network cabling Set 1 CHINT
4 Cables, Enviroment Sensor and Grounding
4.1 Solar cable 4mm2 1000Vdc m 500 ZHONGTIAN
4.7 Cable accessories Lot 1 LOCAL
PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 1





PERFORMANCE GUARANTEE, LIQUIDATED
DAMAGES AND BONUS


PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 2


1. PERFORMANCE RATIO

1.1 DEFININITION OF PERFORMANCE RATIO (PR)

With reference to the CEI EN 61724 Standard (or IEC standard 61724), the Performance
Ratio of a PV Plant is used to define the overall system performance with respect to the
energy production, solar resources and overall effect of system losses.

According to the above mentioned Standard, the Performance ratio of a PV plant is
defined:

r
f
Y
Y
PR [kWh / kW
p
] (1)
where:

n
f
P
E
Y [kWh / kW
p
] (2)


is the final PV system yield and indicates the net energy output produced by the PV arrays
divided by the nameplate DC power of the installed system.
It is also intended as the number of hours that the PV plant would need to operate at its
rated power to provide the same energy.

In details the above (1) and (2) are:
Y
f
= Equivalent hours (kWh/kWp)
E = Energy output of the PV system measured as AC output at the inverter (kWh)
P
n
= total PV system power [kW
p
] as per sum of the total flash list power; flash list power
are evaluated at standard test condition STC (I = 1000 W/mq; , Tamb=20C,
A.M.=1,5);

and
PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 3


STC
m
r
G
H
Y [(kWh/m
2
) / (kW/m
2
)] (3)

is the reference yield intended as the total in-plane irradiance divided by the reference
irradiance G at STC conditions. It represents an equivalent number of hours at the
reference irradiance G = 1kW/m and defines the solar radiation source being a function of
the location, orientation of the PV array and year-to-year weather variability;

Y
r
= equivalent hours in standard conditions STC;
H
m
= total in-plane irradiance (kWh/m) measured with a calibrated in-plane reference cell
(irradiance sensor) as per datasheet ;
G
STC
= 1 kW/m, reference solar radiation in standard conditions STC;

For (1), (2) and (3), the Performance Ratio will be:

m
STC
n
H
G
P
E
PR
(4)


The PR is affected by the overall losses due to:
Module temperature;
Module efficiency;
Mismatch;
Shading;
DC and AC losses;
Inverter losses;
Soiling phenomena due to shading or scattering of energy by presence
of dirt, snow or other debris on the PV modules surface;
System down-time;
Overall system degradation;
Cable damages caused by rodents;


PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 4


1.2 PERFORMANCE RATIO (PR) CALCULATION

With reference to (4) and being the module efficiency

mod 2
1000 A
m
W
P



where

P = module nominal power (W) as per datasheet
A
mod
= module surface area (m
2
) as per datasheet;

On the basis of (4) and the above module efficiency ,the PR can be calculated as:

m
G
E
PR

(5)
where:
E = Energy output of the PV system measured as AC output at the inverter (kWh)
= module efficiency
G
m
= H
m
xA
mod
is the global in-plane radiance measured during the time T (kWh)

The values of E and G
m
shall be evaluated with reference to the effective production time,
taking in account all system down-time days for a correspondence between input data
(radiance) and output data (energy);.
E
eff
= Ex
G
m,eff
= G
m
x

With [ = (365-n)/365] is a corrective factor that indicates the effective number of
production days with n equal to the total system down-time days.

PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 5

In case of PV plants divided in sub-plants, the Plant PR shall be calculated as the average
of the yearly PR of each sub-plant:

k
PR
PR
k
k
year tot

/
(6)

where k= number of sub-plants.



Using the formula (5), the plant PR will be evaluated for each months and the overall yearly PR is
calculated as the average yearly Performance ratio.



















NOTE: in case the first months is not January, than the global yearly PR will be calculated
on a 12-months basis with the current months as first months.


Month
G
m,eff
[kWh]
E
eff

[kWh]
PR [%]
January
February

December

Annual PR
12
12
1
/

i
i
year tot
PR
PR

PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 6


2. GARANTEED PR AND YEARLY CALCULATION

2.1 GUARANTEED PR

The yearly plant performance is guaranteed if:

PR
i
PR
G


where:
PR
i
= yearly PR referred to year i;
PR
G
= guaranteed PR equal to ___________ at the time of the Execution date Protocol
signature;

The yearly guaranteed PR
G
will be adjusted according to the system degradation with the following
degradation factor:

Year degradation % PR
G

1 D
1
PR
1

2 D
2
PR
2

n D
n
PR
n


with
D
i
= total degradation at year i and d
k
the yearly degradation of the system

i
1 k
k i
d D (6)

PR
Gi
= PR
G,t=o
(1

D
i
) (7)
where:

PR
Gi
= reference PR at year i;
PR
G, t=0
= PR at time zero;
with the degradation factor equal to:





PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 7

Year d
k

1 0,0%
2 0,0%
3 Xxx%
Xxx%
20 Xxx%





2.2 TECHNICAL CONDITIONS FOR PR CALCULATION

The PR set forth in section 1 is subject to technical, operational as well as environmental
conditions that may affect the calculation; therefore the following conditions shall be satisfied in
any time of the calculation period, where the calculation period is intended to be the net
production time of the year, with exclusion of all system down-time days except the ones due to
the Contractor or O&M provider fault:
The O&M provider is the only one who is allowed to do the maintenance, calibration and
cleaning services as per the instruction and O&M manual, considering the technical
specification of the suppliers.
The output energy shall be referred to the inverters monitoring system;
Absence of sources of shadowing that may appear after the signature of the present GC,
that are not created by the Supplier/Contractor/O&M provider and which are not under their
control.
Solar radiance on plane of array (POA) will obtained one calibrated solar cell for each plant
section, as per as executed project, with uncertainty lower than 3%, and the mean value
will be used for each exposition.
Punctual radiance values are obtained by radiometers with sampling interval of 15 (fifteen)
minutes. The continuous radiance value will be obtained by integration.
Unavailability periods due to grid unavailability or major forces have to be put off from
observation time window in PR evaluation.
The Beneficiary will guarantee, at the signature of the Contract, full access to available
historical data of the Remote monitoring plant System to the Contractor.

PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 8

3. EXPECTED MINIMUM PRODUCTION
During the performance of the O&M service as set out in paragraph 9 (b)of the O&M contract, the
Contractor shall run the plant operation in order to guarantee the Expected Minimum Production
(the EMP):.
The EMP shall be deemed granted if at the year i,:

E
i
E
exp(i)
(1)
where:
E
(i)
is the yearly production referred to the year i (in kWh)
E
exp(i)
is the minimum expected production (in kWh) equal to:

E
exp (i)
= [Prg * P
o
* H
i
* 0,98 * (1- D
i
) *(365-N
i
)/365 ] / G (3)

Where
Prg is the Guaranteed Performance Ratio from the Execution date (on yearly basis)
Po is the nominal peak power of the plant (in kW) as resulting from the Flash List Data
of all the photovoltaic modules installed in the Solar Plant (Po = Pi extended to the
total sum of Flash List Power)
0,98 is a coefficient that takes into account the plant availability for
scheduled/unscheduled maintenance operations
Di degradation factor at year i as per formula (6)
Ni is the number of days of stopping periods
Hi is the value corresponding to the irradiation in (kWh/m2) measured on site by the
irradiation sensors during the 12 month of the i-year.
G is the standard irradiance value, to 1000 W/ m2.
i number of year of life of PV plant starting from the Last Commissioning




3.1 Guaranteed Performance Conditions
PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 9


Duration of the period of measure is defined as 12 (twelve) month period starting from the Effective
Date.


3.2 Stopping Periods
Stopping periods due to Force Majeure events and national grid line service unavailabiliy for
reasons not attributable to the Contractor, will not be included in the calculation of the yearly
production In this case the formula set out in paragraph 1, point 3 shall be adjusted with the
effective operation factor (
eff
) as below:

eff
= (365-n)/365
where n is equal to the stopping days due to the above listed reasons.
Stopping periods during which scheduled/unscheduled maintenance are carried out pursuant
to the O&M operations are allowed for a value not higher than 2% of the total annual irradiation
onto the surface of the panels . The stopping periods are taken into account with coefficient
0,98 indicated in relevant formula of section 3.



4. PERFORMANCE LIQUIDATED DAMAGES
If the Expected Minimum Production E
exp(i)
is not achieved for the relevant year, the
Contractor shall pay to the Owner the Performance Liquidated Damages for an amount
equal to:

PLD
i
= (E
exp(i)
E
real(i)
) * (6T
GC
+ T
PPA
)

Where:

PLD
i
is the Performance Liquidated Damages applicable during the year i of the Performance
Warranty period (in Euro);
E
exp (i)
is the yearly expected Production (expressed in kWh) of the Plant during year i based on the
Guaranteed Performance (PR
G
).
E
real- i
is the real yearly Production (expressed in kWh) of the Plant during the year i measured at
inverters;
PERFORMANCE GUARANTEE AND LIQUIDATED DAMAGES 10

i relevant year of the O&M service period (accordingly, it will be 1 during the first year from
Final Commissioning and 2 at the Last Commissioning, etc..);
Eng is the energy price (Eur/kWh)


5. PERFORMANCE BONUS

1. With reference to the Guaranteed Performance Ratio set forth in section 2.1 and the
Performance Liquidated Damaged, if the contractor achieves, during the plant operation of a
relevant year I, Performances Ratio (PR) values higher than the minimum guaranteed, he is
granted for a Performance Bonus, calculates as follows:

PB
i
: * (E
real
- E
exp (i)
) x (Eng)

Where:
PB
i
= is the Performance Bonus expressed in euro;
= 20% if PR [0,825 0,85]
= 30% if PR > 0,85

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