Availability Adjustment. The Availability Adjustment (“AA”), which is calculated as follows: (i) If the monthly storage availability is greater than or equal to the Guaranteed Storage Availability, then: AA = 100% (ii) If the monthly storage availability is less than the Guaranteed Storage Availability, but greater than or equal to 70%, then: AA = 100% - [(98% - monthly storage availability) × 2] (iii) If the monthly storage availability is less than 70%, then: AA = 0
Appears in 1 contract
Sources: Power Purchase Agreement
Availability Adjustment. The applicable “Availability Adjusted Storage Contract Capacity” is calculated by multiplying the Monthly Storage Availability by the Availability Adjustment (“Availability Adjustment” or “AA”), which is calculated as follows: (i) :
a. If the monthly storage availability Monthly Storage Availability is greater than or equal to the Guaranteed Storage Availability98% threshold, then: AA = 100% (ii) %
b. If the monthly storage availability Monthly Storage Availability is less than the Guaranteed Storage Availability98% threshold, but greater than or equal to 7080%, then: AA = 100% - [(98% - monthly storage availability) × 2] (iii) :
c. If the monthly storage availability Monthly Storage Availability is less than 7080%, then: AA = 0
Appears in 1 contract
Sources: Solar Power Purchase & Battery Energy Storage Services Agreement