RE:RE:Understanding Bonus Valuation by answering questionsAppreciate the in depth answer and yes I absolutely understand all the terminology within your answer.
The point I was referencing, in relation to the US supply requirement, was not for the panel themselves but for all the galvanized supporting structures. There is a lot of steel to support these systems not only under normal conditions but in a CAT4 hurrricane the last thing you want is a damaged system.
No panels, no power generation, no revenue.
Is it indeed that "all" other projects are supplying only the 1.2:1 (which was requested in the PPOA) with GRB being the only project supplying more then the 1.2 minimum. If so that's good for additional revenue.
The agreement with CMEC, being an EPC wrap, still means they are need to procure the structures and panels in a means by which GRB is going to be able to receive the tax incentive.
If they purchase everything through Indonesia then GRB won't receive the additional US incentives. Correct?
The questions are by no means circular or silly questions.
Every time you respond I gain more insight into what is going on behind the scenes.
Questions you do answer and questions you don't answer additionally give me more insight.
Thanks.