Recently, as the renewable energy industry enters a mature stage, the market, which previously focused on licensing and power plant development, is shifting towards asset management, such as power plant mergers and acquisitions (M&A), project financing, and direct power trading.
Attorneys Soojin Park and Sungwoo Kim of SOLARIS Law Office analyzed changes in the legal environment of the renewable energy market and major dispute cases through a media interview, and proposed business response strategies following the system reorganization.
(Advisory Area) Renewable energy power plant M&A due diligence, project financing structure design, and construction contract dispute advisory
(Resolving Legal Challenges) The renewable energy business is an area with a high potential for disputes, as external business factors such as resident complaints or grid connection delays are mixed with contractual responsibilities. SOLARIS establishes strategies to prevent disputes between construction companies and business operators by separating these external factors from contractual responsibilities starting from the early stages of the project. In addition, we lower price fluctuation risks by reflecting system changes, such as the reorganization of the basic plan for electricity supply and demand and the integration of environmental regulations, into contracts.
(Client Value) Clients can proactively respond to integrated environmental regulations and secure a foundation for sustainable growth by designing a stable financial structure from the early stages of the project.
SOLARIS Law Office will continue to support innovative companies in overcoming complex regulatory environments and successfully establishing themselves in the industrial ecosystem.
[Related Link]
-Article: SOLARIS, “Renewable Energy Market Moves Beyond the Era of Power Plant Construction to the Era of Profitability Design”
[Attorneys in Charge]
-Attorney Soojin Park: https://solarislaw.net/member-ceo
-Attorney Sungwoo Kim: https://solarislaw.net/member-coo
Renewable Energy Market Transitions from Construction to Profitability Design
As the renewable energy industry reaches maturity, the market is shifting from a focus on permits and development to asset management, including power plant M&A, project financing, and direct power trading.
Through a media interview, Attorney Soojin Park and Attorney Sungwoo Kim of SOLARIS analyzed legal environmental changes and major dispute cases in the renewable energy market, presenting operator response strategies according to system reorganizations.
(Advisory Area) Renewable energy power plant M&A due diligence, project financing structure design, and construction contract dispute advisory.
(Resolution of Legal Challenges) The renewable energy business is an area with a high potential for disputes as external business factors, such as resident complaints and grid connection delays, are mixed with contractual responsibilities. SOLARIS prepares strategies to prevent disputes between contractors and operators by separating these external factors from contractual responsibilities right from the initial business stage. We also lower price fluctuation risks by reflecting system changes, such as basic plans for electricity supply and demand and integrated environmental regulations, in contracts.
(Client Value) Clients can proactively respond to integrated environmental regulations and secure a foundation for sustainable growth by designing a stable financial structure from the beginning of their business.
SOLARIS will continue to support innovative companies in navigating complex regulatory environments and successfully establishing themselves in the industrial ecosystem.