Utility-Scale PV Solar Farm Clause Samples

Utility-Scale PV Solar Farm. Following approval of the project, Developer shall enter into a lease with [SOLAR ENERGY DEVELOPER] in which Developer provides [SOLAR ENERGY DEVELOPER] sixty acres of Developer-owned land adjacent to the Parkway for the development of a utility-scale PV solar farm; the initial term shall be 25 years; Developer shall provide the land, which Developer values at approximately $10,000,000 for the life of the lease at a nominal rate of $1.00 per year; [SOLAR ENERGY DEVELOPER] shall use its best efforts to use a minimum of 50% resident labor force; a viewing platform and kiosk is planned at the solar field site, promoting public education about the role of solar energy in their community.