Project Definitions
Term Abbrev. Description Information Source
Capacity (in Megawatts) MW Total nameplate capacity rating of assembly of turbines Information as received from project developer at end of each quarter.
Completion Date   Date on which wind project is considered to be operational. Usually "Commercial Operation Date". Specific criteria for "Completion" is at the discretion of the project developer.
Merchant or "market"   Wind power plants that are built without a traditional long-term power purchase agreement, instead selling power into a spot-market, sometimes with a hedge contract, or an option to sell the power at a certain price in the future. Project developer or owner
Owner/Equity Partner   Company or companies that will have a managing interest in project when it is complete, though they may not have 100% ownership. Does not usually include structural equity investors. Project developer or owner
Power Purchaser   Utility contracted to purchase power under long-term Power Purchase Agreement (PPA) contract or use the power in case of utility ownership project developer or power purchaser
Project Developer   Company or companies managing most aspects of project development process. Is often a joint effort among several companies. project developer
Project Name   Name supplied by project developer project developer
Turbine Manufacturer   Turbine vendor or supplier project developer or turbine manufacturer
Turbine Rating (in Megawatts) MW Nameplate capacity rating of each turbine – typically the maximum potential power output of the turbine generator project developer

 

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