Leasing Farm Land For Solar Panels

Paul goeringer of university of maryland extension explains a study conducted by three land grant universities on impacts of farm land leased for solar energy production.

Leasing farm land for solar panels.

Typically solar farms require a minimum of 4 acres of land but can span hundreds of acres. Dawson singletary a north carolina farmer told bloomberg in 2016 that there wasn t a single crop he could grow on his family s land that would be as profitable as leasing the land for solar arrays. According to landmark dividend the average solar farm profit can range per acre depending on the location. We handle everything from assessing your site and providing lease rates to permitting environmental studies and interconnection.

This means that for a 1mw solar pv power plant the area required is about 2 5 acres or 100 000 square feet. Amount of land available for a typical solar installation the general rule of thumb is that for every 1kw of solar panels needed the area required is approximately 100 square feet. Solar leasing on farmland study date. A solar garden constructed on ten acres can offset the equivalent amount of co2 as 2 950 acres of u s.

Think of how easily you can profit from putting solar panels on land that you weren t using anyway. Landowners can earn long term lease income for each acre of land that is available for solar farm projects often through community solar programs.