‘Whilst large scale solar is without doubt a divisive topic, for landowners it can present attractive returns when compared with conventional agricultural land uses,’ says Graeme Biffen, Partner here at GTH.
But all that glitters is not gold; the absence of government backed subsidies does invariably present a greater risk to both landowners and developers and therefore both the commercial terms and protection clauses for any prospective deal are of the utmost importance.
Entering into a lease of potentially 30-40 years, or indeed in providing exclusivity or enabling a developer to apply for a grid connection on your land, is a serious commitment and it is therefore crucial that landowners seek appropriate professional advice at as early a stage as possible.
GTH were heavily involved in representing landowners’ interests during the last “solar gold rush,” and we are currently acting on numerous cases ranging from 60 acre site extensions through to 250 acre collaborative land deals. If a site progresses to contract, landowners’ reasonable professional fees will usually be covered by the developer.
If you have been approached by a developer, or if you have land that may be suitable for solar, please contact 01884 243000 or email: firstname.lastname@example.org for a no obligation initial discussion.