Current Events: Reflections on Leasing Vacant Tracts for Solar Power Generation
4 Kentucky J.Equine, Agric. & Nat'l Resources L. 339 (2011-2012)
55 Pages Posted: 14 Jul 2011 Last revised: 16 Jul 2017
Date Written: July 14, 2011
This paper is among the earliest written for publication in an American law journal addressing ground leasing dimensions of solar power generation facilities’ development. The paper first describes in some detail the processes of a developer's preliminary investigation, venture formation, obtaining entitlements and financing for a solar generation plant. This backdrop enables the reader to appreciate myriad issues underlying the negotiation and documentation of a leasehold conveyance. A form of lease appears as an Appendix to the article. The form fleshes out provisions encapsulating the respective vital interests of the parties to the lease transaction as well as the requirements of the energy consumer. Consumers in some instances may elect, after lease inception, to acquire the solar facilities in addition to the renewable energy output.
Keywords: ground lease, ground leasing, solar energy leases, solar power leases, solar facilities leases, solar power farms, solar generation plants, solar energy plants, solar energy facilities, renewable energy plants, renewable energy facilities, renewable energy leases
JEL Classification: K11, L85
Suggested Citation: Suggested Citation