3 FAQs about Small-scale bidding and procurement of photovoltaic cell cabinets

What is a solar RFP?

But first a few key definitions: A Request for Proposal (RFP) is a formal bid document to ask vendors to provide proposals for desired projects, as required by many public agencies (federal, state, local). A solar RFP outlines the photovoltaic (PV) product or service requirements, the contract terms, and bidding process.

Why is solar procurement important?

Solar procurement has an increasingly critical role to play in terms of increasing supply chain resiliency, accessing supplier innovation, and delivering enterprise-wide cost reductions.

What is a solar power purchase agreement (PPA)?

A solar power purchase agreement (PPA) is a financial contract in which a third-party developer owns, operates, and maintains the photovoltaic system, and a customer agrees to purchase the system's electric output from the solar services provider for an agreed-upon price and for a predetermined period.

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