An increasing number of solar developers are now also developing storage projects, and several “pure-play” storage developers have launched. For a landowner, this offers an exciting new way to make money from your land. Here are some common questions and…
A letter of intent, or LOI, is a summary of the most important contractual terms that a solar developer is proposing to a landowner to eventually lease their land. LOIs are sometimes called term sheets, offer letters, or proposals. LOIs…
We wish this weren’t the case, but most properties submitted to SolarLandLease will not qualify for a solar project. This article outlines the four major areas we and our development partners evaluate, in approximate order of importance. Note that some…
Solar developers in New York State want to lease properties on which to build 5 MWac “community solar” farms. Would your land work for a 5 MW solar farm in New York State? Here’s the checklist of minimum criteria. 20+ Acres…
The most commonly-asked question by landowners regarding solar farms is, How much can I lease my land for? The short answer is, “it depends,” but solar lease rates (also called "rents") typically range from $250 to $2,000 per acre, per…
Solar developers frequently talk about “project economics.” But what does that term mean, and what should landowners understand about it? In short, “project economics” is about the relative profitability of a specific project (a solar farm) versus others. Ultimately, developers…
The sun provides an energy source that is renewable, abundant, clean and reliable. Solar power gives us the ability to create energy that supplies our daily needs without using fossil fuels. It’s good for the environment and reduces dependency on…
Here are four situations where leasing your land to a solar developer might be the best course of action. 1. You want to move on. Over time, our needs and desires change. Maybe farming or ranching is no longer the…