Solar Farm Lease Agreement

Solar activities in Australia are booming: from huge solar parks to rooftops, the total number of photovoltaic modules installed across the country has almost quadrupled since 2011. This expansion has increased Australian solar power generation to more than 5,920 megawatts (MW) and the sector is about to take off. To put it in perspective, 5 MW of energy will power about 1,500 homes for a year and save 2,150 tons of CO2. In 2017, 22 additional photovoltaic projects are already planned, bringing 1,922 MW of additional energy to the grid. These increases in solar production are the result of feed-in tariffs and binding renewable energy targets designed by the Australian government to encourage the development of new solar projects. As a result, developers are looking for new surfaces to develop solar farms at the supply scale, but there is a problem: many sites that would be perfect for a solar farm are already owned by another person. This dynamic has forced developers to enter into solar leases with homeowners, leases worth potentially hundreds of thousands of dollars until the end of their lifespan. Determining the value of a solar electricity leasing is a complex subject, but to understand it easily, this contribution will cover the development of solar parks, how solar rental is valued and how LDC Infrastructure can help you get the most out of your solar rental. And even in situations where solar energy is not a more valuable option, this might be preferable, especially since the maintenance and maintenance of solar plants are generally less comprehensive and much less of a concern than for crops such as sweet cherries, which often have to be picked by hand. This means that for a 1mW photovoltaic plant, the area required is about 2.5 hectares or 100,000 square meters. However, it is important to keep in mind that this amount of land is reserved for the plates themselves, and does not include space for other solar installations that can bring the sum closer to about 4 hectares for a 1mW farm.6 Solar farms are particularly attractive to American farmers, because depending on the crop, the gains from the solar park on photovoltaic panels could ultimately be much greater than traditional farming practices.

, especially in the right climate zones. This rapid expansion of solar power generation and the creation of solar farms in the United States create a number of financial opportunities for landowners and, in particular, large landowners and farmers alike.

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