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Large-scale solar once again an option for rural estates

The Business Barn

Member
Industry professionals suggest developing large-scale solar parks is, once again, becoming a viable option. Particularly for rural estates looking to invest.

Although the government effectively killed off the large-scale solar industry when it closed the Feed-In Tariff and Renewable Obligation to new schemes in 2016, the cost of the technology has since dropped so much that it’s worth thinking again, says Hugh Taylor, chief executive at independent power and energy consultancy Roadnight Taylor.

Read on here >>>>
 

warksfarmer

Member
Arable Farmer
Industry professionals suggest developing large-scale solar parks is, once again, becoming a viable option. Particularly for rural estates looking to invest.

Although the government effectively killed off the large-scale solar industry when it closed the Feed-In Tariff and Renewable Obligation to new schemes in 2016, the cost of the technology has since dropped so much that it’s worth thinking again, says Hugh Taylor, chief executive at independent power and energy consultancy Roadnight Taylor.

Read on here >>>>

In the article this bit makes no sense:

By securing borrowing against land, it’s possible to get low rates of interest, and if you pay for the grid connection and planning application yourself, then there is no need to pay a premium to a developer,” says Mr Taylor.

Nobody ever would pay the developer a premium for anything. The developer pays the landowner a premium during early negotiations just to allow the negotiation. £1000/acre upfront is the norm as well as other financial add ons. This is long before any income is earned from a joint venture or straight rental.
 

How is your SFI 24 application progressing?

  • havn't been invited to apply

    Votes: 28 36.4%
  • have been invited to apply

    Votes: 13 16.9%
  • applied but not yet accepted

    Votes: 28 36.4%
  • agreement up and running

    Votes: 8 10.4%

Webinar: Expanded Sustainable Farming Incentive offer 2024 -26th Sept

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On Thursday 26th September, we’re holding a webinar for farmers to go through the guidance, actions and detail for the expanded Sustainable Farming Incentive (SFI) offer. This was planned for end of May, but had to be delayed due to the general election. We apologise about that.

Farming and Countryside Programme Director, Janet Hughes will be joined by policy leads working on SFI, and colleagues from the Rural Payment Agency and Catchment Sensitive Farming.

This webinar will be...
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