Landowners and communities across Ireland are seeing first-hand how solar pays off. Allocating a portion of your land to lease for a solar farm opens up a diversified and dependable income stream. Responsibly designed solar can be a partner that supports the success of Ireland’s rural communities for generations to come.
With several projects successfully developed, constructed and connected on the island, Lightsource bp is increasingly Ireland’s trusted partner for solar land leases that deliver secure, long-term income to landowners. Our approach to landowner partnerships stems from our deep knowledge of the rural economy. We sit down with you to understand your goals and requirements for your land and to explore whether ‘solar as a crop’ is right for you. And we consider closely the needs of the surrounding community and environment.
Why lease your land to Lightsource bp?
Predictable, long-term revenue stream
Our solar projects have lifespans of up to 40 years, and we enter into long-term leases with every landowner. The rental income we offer is paid per acre, and is above standard agricultural lease rates, providing a secure and diversified revenue stream for years to come, helping to keep farms in the family and manage estate planning.
Financial support for your local community
Irish communities benefit from solar developments in a number of ways, from development contribution schemes to community and social infrastructure, to the €2per MWh Mandatory Community Benefit Fund paid through the RESS process, and the business rates that are paid to the Local Authority.
Stable and quiet neighbours
Solar projects make quiet, non-intrusive neighbours. A solar farm has a profile of 2 to 4 meters high and are enclosed by fencing and landscaping to minimize visual impacts. There is very little noise generated by a solar project, and the few components that do generate sound are located well away from the site boundaries.
Dual land use
Our solar panels and equipment typically occupy only 40% of the leased land, leaving opportunities for beneficial dual use. The design of the solar farm can incorporate grazing of small livestock like sheep, host pollinator gardens, and more. We pride ourselves on designing the solar installation to accommodate your farming priorities and practices.
Biodiversity and land management plans
Our projects are in place for up to 40 years, with less than 2% of land disrupted by infrastructure, providing a huge opportunity for local ecosystems to thrive, enhance habitat creation, and improve soil regeneration. Each of our sites is designed with a bespoke biodiversity management plan (BMP), outlining measures to mitigate biodiversity impacts as well as ways to enhance beneficial habitats
Financing growth and planning for succession
Farm rental income is considered a favourable revenue stream by banks and lenders, which has allowed our solar farm landowners to successfully secure further financing using the rental income. This also allows landowners to address and improve future financial planning for their business and to keep farms in the family long term.
Coming on board
Terms of our lease are carefully crafted specifically for each landowner. If you’re interested in leasing your land for a solar farm, get in touch.
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