Attorney Seong-woo Kim of Solaris Law Office attended the 'PV_PPA Korea' conference held at KINTEX in Ilsan as a speaker and presented legal risk management strategies for the Power Purchase Agreement (PPA) system.
At the event held under the theme of 'RE100 Smart Industrial Complex Solar Power and High-Yield PPA Business Strategy,' Attorney Seong-woo Kim gave a presentation on the topic 'A to Z for Stable PPA Business Promotion and Operation.' Attorney Kim clearly classified complex contract structures such as third-party PPAs, direct PPAs (On/Off-Site), and VPPAs, and deeply addressed key dispute issues arising in practice, such as supply chain management obligations, surplus power generation and REC processing, and default of contracting parties. In particular, he emphasized the importance of preemptive legal reviews, stating, "As PPAs are commonly long-term contracts of 20 years or more, structuring contracts in advance and preparing alternative party clauses are the keys to a stable business."
As the PPA market for companies to achieve RE100 grows rapidly, the need for accurate legal guidelines is also increasing amid the diversifying electricity market structure. Based on its deep expertise in renewable energy and the electricity market, Solaris Law Office provides the optimal legal consulting to help corporate clients achieve a successful and stable energy transition.