LEGAL ANALYSIS OF COOPERATION CONTRACTS FOR PROFIT-SHARING IN SOLAR POWER PLANTS (PLTS) BASED ON FIDIC PRINCIPLES AND IT’S IMPLICATIONS FOR ALTERNATIVE DISPUTE RESOLUTION IN COMMON LAW AND CIVIL LAW SYSTEMS

Abstrak

The increasing energy crisis and globalization have underscored the importance of developing Solar Power Plants (PLTS) as a sustainable energy solution. This study analyzes the legal aspects of profit-sharing cooperation contracts for PLTS based on FIDIC principles, focusing on their implications for alternative dispute resolution within Common Law and Civil Law systems. By examining the application of FIDIC principles, the research highlights the significance of transparency, clearly defined responsibilities, and effective dispute resolution mechanisms to prevent and resolve conflicts. The findings indicate that the use of FIDIC guidelines fosters a strong foundation for collaboration while minimizing risks of disputes. However, the adaptability of these principles to varying legal contexts poses challenges that require careful consideration. Ultimately, the study aims to contribute valuable insights for legal practitioners, policymakers, and academics in formulating more effective contracts in the renewable energy sector, emphasizing the need for precise contract drafting and a thorough understanding of legal frameworks to ensure successful project implementation and stakeholder cooperation.