If You Want A Solar Farm On Empty Land Now You've Got A Place To Begin.
Currently there are 2 solar farm sizes that maximize revenue and fit nicely to the California program formats. The first can be a 3MWp AC farm that is about 3.5MWp DC. The 2nd size option is as close as possible to 20MW AC or 23.5MWp DC. The 2 farm sizes fall under different electric company programs. This project overview document targets 20MWp projects.
This guide was created to provide landowners with a template with which they can engage in the solar farm industry.
Nearly all solar farm development groups search for a suitable section of property and offer to lease or purchase the property. Quite a few property owners aren't considering selling but give some thought to leasing. Upon close examination the landowner confirms that the lease option isn't so good.
Solar Land Partner's solar farm business plan addresses this issue in a number of ways as explained within this outline.
Owner participates directly with Solar Land Partners in the development stage. Owner's involvement features a modest $550-775K to pay for permitting, application fees along with other costs associated with the development of a solar farm business plan. Virtually all this expense is really an electric company deposit of $20K/MW applied for. Ex. 20MWp solar farm PPA application calls for $400K deposit.
The legal framework as well as professional work required to accomplish your initial development work are provided by Solar Land Partners so a project is shovel ready. By working alongside one another the landowner keeps cost down but, more to the point, participates in the upside of the project well beyond a very simple lease payment.
When the project is at a certain stage it will then be made available to investment groups who are positioned to invest in the solar farm project. Such groups come in and do the heavy-lifting financially by providing the development funds etc.
Whenever the project funds, the landowner receives his original cash outlay back 2x. The land lease is negotiated at a good rate and the landowner receives an equity position in the project. The project equity position is of fantastic benefit but may also be negotiated as a onetime net current value buyout.
One other option for 20MWp solar farms includes the example where the land is owned or operated by an individual or investor group who fund the whole project internally. Solar Land Partners provides you with turnkey services from permitting to interconnection and continuing O&M.
The solar farm business plan outline explains specific tasks that should be completed with this project review. Work carried out includes;
Working together with your building department the landowner and Solar Land Partners collaborate to satisfy permit issuance such as delivering engineering and Submittal Package documents.
Securing of the PPA agreement with the electric company at a favorable feed in tariff consistent with the planned solar farm and expected financial forecasts for this project is also shown in the project business plan.
Negotiations with EPC company to deliver a best-bid analysis and assessment of the future stability and record of all vendors to make sure that the financial earnings projected are met by the solar farm investment.
Manage the project execution through construction and interconnection.
Supply continuing operation and maintenance services.
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