EPC vs Turnkey Understanding Contract Differences

Description: Explore the key differences between EPC (Engineering, Procurement, and Construction) and Turnkey contracts, particularly in the context of solar energy projects. While both contract types aim to deliver fully functional systems, they differ in project scope, responsibilities, and execution. An EPC contract involves the contractor handling design, procurement of materials, and construction, but the client retains some decision-making authority. In contrast, a Turnkey contract places full responsibility on the contractor to deliver a ready-to-operate project with minimal client involvement. Understanding these distinctions is crucial for project developers when choosing the most suitable contract type for efficient and risk-managed solar installations.

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