Depending on field access one of those smaller fields may no longer be accessible if a solar project is constructed in the middle of the existing large field.
Compaines looking to lease land for solar panels.
We are not developers of massive solar farms spanning thousands of acres.
However for farmland owners that have historically used their land for agriculture a solar ground lease offers a more profitable and reliable income stream.
It varies considerably by the developer the size of the project the state the land is in market competition in the area from other solar developers as well as companies interested in your land for other uses and several other factors.
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 quick expansion in the solar industry has come as a result of two major factors.
Government programs like the investment tax credit itc before leasing land for a solar farm there are a few items that property owners should take into consideration.
Even within states the variance of land prices can be large and mainly has nothing to do with solar farms but rather the more common uses of property.
7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations.
The solar company may only end up leasing a portion of the property and then as a land owner you could be left with two small fields with a solar farm in the middle.
The amount of land we can use is determined by the site characteristics topography hydrology planning geology etc.
Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased.
Since agricultural land is a prime target for developers.
We are looking for a minimum of 20 acres.
Things to consider before signing your solar lease.
Rather we focus our attention on small utility scale solar farms that generate anywhere.
This amount of land can hold approximately 2 mw of solar.
Installing a solar farm on farmland could cause the land to lose its current agricultural use value status since.
Whether you have a portfolio of properties or a single site we work with you to identify unused land and expansive rooftops ideal for leasing to a system owner.
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.
Please contact us to determine if you have enough space to become a host.
Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.
A landowner who enters into a solar lease should expect to have solar panels on his or her farm for 40 to 50 years.
The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels.
Solar leases are long term usually at least 20 years initially with an option to renew for another 20 to 25 years.
