The contract that allows the developer to build and operate the project on your land once they exercise their option agreement. Renewable energy leases typically run for 20-30 years, often with one or more extension periods (which can be 5-10 years each). The lease sets out rent, access rights, responsibilities for maintenance, and obligations to decommission. For landowners, the lease is where your long-term income and protections are locked in. Learn more about creating the ideal or in our detailed, dedicated blogs on these topics.