Companies Renting Land For Solar Panels In The Southeast

It is a great opportunity for landowners to generate stable income for 25 years at a premium.

Companies renting land for solar panels in the southeast.

Rather we focus our attention on small utility scale solar farms that generate anywhere. We are not developers of massive solar farms spanning thousands of acres. The more buyers of renewable energy in your state utility companies or big corporations like wal mart or google the higher the demand for land. When you think of a solar farm you may imagine sprawling developments with solar panels as far as the eye can see that s not us.

The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels. As states establish new renewable energy goals and incentives there s a growing opportunity for landowners and commercial property owners to lease their land or rooftops for solar. Solar energy in america is on the rise. The key to making this work hinges upon doing one s homework as opportunities and rates depend as always on location location location.

Any honest solar company should tell you that if walmart or a residential developer is interested in buying or leasing your land a solar lease can not compete from a value perspective. Land in the right location could provide income opportunities by way of leases to solar farms not dissimilar to those traditionally worked out with coal oil and gas companies. For example for a 1 mw solar power plant installation the solar farm land requirements would be around 4 acres when using a crystalline technology. In other terms we can say that for each 1 kw of solar panels you need 100 sqft of an area on.

When we use thin film technology a 1mw plant will require an average of 4 5 to 5 acres of land. When the companies bring their offer to the table often in the form of an option to lease it comes with strings attached. Oya solar offers competitive solar land leases to farmers and other landowners to develop solar projects. The lower the development barriers the higher the demand for land.

According to the solar energy industries association seia in 2016 solar installations represented the largest source of new energy generating capacity in the united states beating out other green energy rivals like as natural gas and wind. Besides being able to sell solar energy readily at a good price developers naturally care about their costs. However for farmland owners that have historically used their land for agriculture a solar ground lease offers a more profitable and reliable income stream. The companies are offering approximately 800 per acre or more in some cases to lease land for the purpose of placing solar farms on the property.

Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.