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Development agreements are contracts negotiated between project proponents and public agencies that govern the land uses that may be allowed in a particular project.
A DSA is an agreement between an investor and a developer looking to a renewable energy system such as a utility scale solar or a battery energy storage project.
An agreement is made when two parties agree to something. So, for example, a mother might make an agreement with her son not to kiss him in public because, after kindergarten, well, that's just not cool. If people's opinions are in , or match one another, then they are in agreement.
The development agreement is essentially a planning tool that allows public agencies greater latitude to advance local planning policies, sometimes in new and creative ways.
While Joint Venture and a Joint Development Agreement are synonymously used terminologies, they are quite different. A Joint Venture also referred as JV is applicable to every kind of business; however, a Joint Development Agreement i.e. JDA is restricted only to the real estate sector.