Attorney Sungwoo (Goni) Kim of SOLARIS spoke at the PV_PPA Korea conference at KINTEX in Ilsan, presenting ways to manage legal risk under Korea's direct power trading (PPA) framework.

At the event, themed "Solar Power for RE100 Smart Industrial Complexes and High-Return PPA Business Strategies," Attorney Kim presented "The A to Z of Developing and Operating Stable PPA Projects." He clearly classified complex contract structures, including third-party PPAs, on-site and off-site direct PPAs and virtual PPAs (VPPAs), and examined in depth the key disputes that arise in practice, such as supply chain management obligations, the treatment of surplus generation and RECs, and a contracting party's exit. "Because PPAs are now commonly long-term contracts of 20 years or more, structuring the contract up front and providing for a replacement party are the keys to a stable project," he said, stressing the importance of proactive legal review.

🔗 Read the article: [PV_PPA Korea] PPA Market Heats Up as RE100 Spreads: Tailored Solutions Shared

As the PPA market for corporate RE100 grows rapidly, the need for precise legal guidance in an increasingly diverse power market is growing too. Drawing on deep expertise in renewable energy and power markets, SOLARIS provides legal advice that helps corporate clients achieve a successful and stable energy transition.