Byron Kominek, a former diplomat and Peace Corps volunteer, grew up on a 24-acre family farm in Colorado. He decided to use solar power to farm the farm after it failed to make a profit. He had 3,200 panels mounted on 8-foot posts and installed them on his farm.
Prices
The size of the array as well as the location of the panels will affect the costs of solar panel farming. Some solar farms are located on existing structures. They are located close to electrical lines and panels. To keep solar farms clean and efficient, they need water. A solar farm is usually built and permitted within 3-5 years.
As the world emerges out of its current lockdown, demand for solar components is rising. But, there is still limited supply. Accordingly, the utility sector is currently facing its most difficult challenge. Industry analysts believe that current bottlenecks cannot be overcome within the next 12 mois. This could result in lower margins for developers, and higher offtake costs for offtakers.
Land value
Land is becoming more valuable for solar panel farming. California has a high demand for solar panels and land is now worth more that $1,000 an acre. However, land prices can vary from one state to the next. Arizona's non-irrigated land may be worth more than Arizona's row cropland. Due to incentivization in Massachusetts, solar rights are valued higher than those of other states.
Locate flat, undeveloped land if you want to build a utility-scale solar farm. The land should not be far from a road. However, a utility-scale farm requiring solar energy requires a long-term rental agreement.
Conservation values
Solar panel farming is known for its conservation value, which includes the enhancement and production of both wildlife habitats as well as agricultural production. The best places for solar farms are those that are not blighted by other land developments. Solar farms could be located on rooftops, parking lots or abandoned mine lands, for example. Solar farms can thus provide clean energy for decades, as well as other environmental benefits.
To promote biodiversity and pollinators, solar farmers should plant native plants in zones adjacent to their solar panels and surrounding areas. Because solar panels can sometimes reach up to 18 inches high, it's not recommended that tall grasses or plants with low tolerances for shade be planted. A vital part of solar panel farming is the protection of pollinator habitat. It requires meticulous maintenance and carefully planned cultivation. Local communities should collaborate with solar farmers to include native plants that help preserve pollinators.
Profitability
When determining the viability of solar panel farming, there are many factors to take into consideration. One of the most important factors is your location. The best location should receive the maximum amount of sunlight. You will also need space for maintenance and easy access to your panels. Ideally, the land should not be too far from the solar power plant.
One of its main advantages is the ability to reduce energy prices. This is especially beneficial for farmers who have low-productive land. Solar panel farming is a better option than cash crops for a steady income stream.