Town of Harvard Select Board Agenda 2026-06-16
Harvard Reviews Long-Term Solar Energy Agreement with Solect
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Description
Town of Harvard is preparing to enter a Credit Purchase Agreement with Solect Energy Development LLC for a solar generating facility at the Town gravel pit. The project would provide renewable energy credits to the Town over a 20- to 25-year term, with options to extend the partnership.
Contract Details
Vendor
SOLECT ENERGY DEVELOPMENT LLC
Agency
Town of Harvard, MA
Contract Type
TECHNOLOGY
Document Date
June 16, 2026
Contract Term
Initial period then Operations Period of 20-25 years, with one 5-year extension option possible upon mutual agreement
Renewal Info
Operations period of 20-25 years. Provider may request one 5-year extension with mutual agreement, requiring written notice 6 months prior to end of term. End-of-term and early buy-out/purchase options are built in; extension formalized by amendment.
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