Daniel Larn
Member
Oh yes, and they aren't gentle.Aka bend over and take it from the DNO!
Field scale Solar PV
- Thread starter Lincsman
- Start date
Doing it for the kids
Member
I'd say about £9.2M for the installation, then your grid connection on top. But I'm not the best person to ask, I don't see too much on that end.[/QUOTE]
Sorry I meant rent!
Daniel Larn
Member
Sorry I meant rent![/QUOTE]Well, acreage will be about 45. And I'd say between £650-£850 depending on the site and the final numbers.
Its difficult to give a solid figure, as you can imagine.
- Location
- M6 Hard shoulder
Well, acreage will be about 45. And I'd say between £650-£850 depending on the site and the final numbers.
Its difficult to give a solid figure, as you can imagine.[/QUOTE]We have a similar sized site with ample grid capacity
and are looking at a 50mw battery storage project tied in as well.
Daniel Larn
Member
We have a similar sized site with ample grid capacity
and are looking at a 50mw battery storage project tied in as well.[/QUOTE]Have you already got a company looking at it with you? Or are you looking at it yourself?
- Location
- M6 Hard shoulder
Have you already got a company looking at it with you? Or are you looking at it yourself?[/QUOTE]We have a company on board
Doing it for the kids
Member
Batteries are dead lads until the market changes or costs drop by 40%.
- Location
- Somerset
I looked long and hard at a 0.5 mw battery 18 months ago,and not one of the installation companies could demonstrate how i would get my money back and leave something for us at the same time.The contracts were one sided to say the least.
- Location
- South Wales UK
Looks like so many Solar firms come and go ,set up ,then operate then trade on site and tariffs etc.and go bang and start up again alledgely ?
How many original companies that put first panels up are still going and will last the rhi tariffs periods out ?
Seems any land rents received % goes to legal to keep up with it all ???
How many original companies that put first panels up are still going and will last the rhi tariffs periods out ?
Seems any land rents received % goes to legal to keep up with it all ???
Doing it for the kids
Member
Most builders trade them after completion but landowner should be covered, if the tenant defaults on the rent the contract becomes void, in time, and ownership should revert to them!
- Location
- South Wales UK
Complicated !
Doing it for the kids
Member
Well it is but if the lawyers did a good job the rent gets protected well as no tenant would want to surrender their lease unless the rent was higher than the site’s income. If that’s the case then you have to hope the decommissioning bond is big enough!
- Location
- South Wales UK
if more transactions more costs more different firms ,and companies to chase?
What's good today is not always good tommorrow!
Doing it for the kids
Member
I don’t follow you? 
- Location
- South Wales UK
Some sites trade or change hands lots of times alledgedly so thus more legal transactions and legal work engagements to keep up with it maybe?I don’t follow you?
Doing it for the kids
Member
Oh ok. If they wanted to change the contract it would be at their expense, or should be!
Exfarmer
Member
- Location
- Bury St Edmunds
If you have a site and the operator goes bust, dont worry, hopefully you have revert to landlord in the contract , on failure to pay rent.
They will be generating about £12,500 - £15,000 an acre income from electricity sales alone. This is without any incentives.
It is highly unlikely any operator would be forced into liquidation, however if they are on an old tarrif paying very handsomely, the rents were in the region £5-6 k an acre. They may try to get this reduced, in fact they will try any trick , resist it tell them to go bust and you will take it over, even if you lose the FIT.
If you dont want to operate it , speak to me!
They will be generating about £12,500 - £15,000 an acre income from electricity sales alone. This is without any incentives.
It is highly unlikely any operator would be forced into liquidation, however if they are on an old tarrif paying very handsomely, the rents were in the region £5-6 k an acre. They may try to get this reduced, in fact they will try any trick , resist it tell them to go bust and you will take it over, even if you lose the FIT.
If you dont want to operate it , speak to me!
Daniel Larn
Member
There are a few different types of solar companies we have spoken to over the past few years.
Builders - chuck it up, commission it and then sell it on for a profit to an operator.
Investors - build it, run it for a few years and then sell it for a profit to a pension fund or equivalent.
Long term investors/ funds - pay for it, get it running and look to see smaller residual income for the next 25-30 years.
Each have their merits, but our preference is for long term investors. That way I have the confidence that I'm not going to get anyone into any problems, which would obviously reflect very badly on me.
Builders - chuck it up, commission it and then sell it on for a profit to an operator.
Investors - build it, run it for a few years and then sell it for a profit to a pension fund or equivalent.
Long term investors/ funds - pay for it, get it running and look to see smaller residual income for the next 25-30 years.
Each have their merits, but our preference is for long term investors. That way I have the confidence that I'm not going to get anyone into any problems, which would obviously reflect very badly on me.
- Location
- South Wales UK
Exactly.
As long as all these transactions and deals on a farmer or landowner's land are legally correct and legal works paid for then all happy we guess.