Solar power leases
Finding land suitable for solar power can be challenging due to competing interests within communities. We must consider factors such as natural and cultural values, proximity to residential areas, grid connection possibilities, solar irradiation, and the buildability of the land.
Once we identify a promising area, we contact the affected landowners to discuss their interest in a potential project at the site. This may involve one or several landowners. We then meet with those who have expressed interest to discuss the project further and outline what a lease agreement might look like before proceeding with any contracts. Landowners have significant influence over the terms of the agreement.
Contact us if you would like us to assess the solar power potential of your property.
What type of land are we seeking?
Learn more about the land characteristics we look for when developing and implementing projects.
Lease period
Developing a solar farm is relatively quick. While it can take less than a year, it usually takes up to two years to get a licence and then another two years to complete the solar farm.
After commissioning, the farm will produce electricity for around 40 years, after which it will be decommissioned and the land restored. The lease period is therefore usually 45 years.
Compensation
How much a landowner earns from a solar farm depends on various factors. The land lease agreement is based either on a fixed amount per leased hectare, or on a percentage of the revenue generated by the solar farm. It can also be a combination of these. The compensation is paid annually and is index-linked.
The income is also affected by the size of the solar farm, the distance to the nearest grid connection point, and the type of land. Land that is more difficult to build on requires greater investment on our part, which affects compensation. The future price of electricity will also affect the level of compensation, as well as how much electricity is ultimately produced.
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Land lease for wind energy
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Land lease for Battery Energy Storage Systems (BESS)
Explore the possibilities of leasing your land for a battery storage facility.
Company information
We develop, build, and operate projects that promote the global transition to renewable energy.
