Commercial Real Estate

Solar land lease for commercial industries

SHOULD YOU LEASE YOUR LAND FOR SOLAR?

Leasing your land for the placement of a solar photovoltaic development project allows you to gain long-term revenue from your property lease, enhance the value of your land for re-sale purposes, and keeping your property intact without having to subdivide any pieces of the property. Many landowners own land in which they can’t decide what to do with it. Solar energy investing might be the best move you can make for putting your unused land to purposeful use, and you’ll be getting paid for it as well.

Not only are you helping yourself save money, produce revenue, and help the environment, you’re also allowing other people to obtain resourceful and natural energy to power their homes and businesses.

Whether you are in the agricultural industry as a farmer trying to add revenue to your farm while continuing to work, a landowner without any ideas how to use your land, a real estate owner looking to cut costs on building expenses, or a commercial and industrial building owner, leasing that property out for solar energy production is one of the most beneficial things you can do to help yourself and others.

What will your land need in order to be leased for solar?

The ideal size for a five-megawatt system is at least 30 acres developing a standard solar field and 40-50 acres for an Agricultural Solar system. The smallest land area that is economically feasible for an investor owned system is 10-18 acres, which would yield a two to three-megawatt system.

Having access to utility grid infrastructure is important and does not need to be near a transmission corridor, but it needs to have a reasonable access to a three-phase electrical service. Good exposure to the sun is crucial, but also, be ready for a long-term commitment: solar farms offer amazing benefits for the long run, and it’s important to recognize this. Plan for the future with solar energy.

At Pope Energy, we’re in the solar energy business of helping landowners lease their property for large-scale photovoltaic solar projects. We also have financing opportunities for you to apply for because we know that not everyone can afford the entire cost up front. We understand that the future is solar, and we want every landowner to be investing their money in a rewarding long-term investment, rather than something quick and short lives.

Benefits of leasing your land for solar

Not only can you create a substantial source of additional income for your property, but you can also create a brighter, greener future for the surrounding community. If you have extra land available, why not put it to work generating renewable energy? Give your land a purpose for you and the community. Owning land is very important in today’s day and age, so why not make it useful with solar energy solutions from Pope Energy.  

That is community impact on a much greater level.

Our solar management team at Pope Energy will help you discover the value that solar energy can bring to your land. If you’re interested in learning more about solar leasing, and whether your land qualifies, please call us at 855-767-3363 today!

 

Agricultural solar farm

Why Commercial Buildings are Going Solar

Solar energy has become consistently better throughout recent years. Many commercial businesses are finding great benefits when investing in large-scale solar energy projects. From corporate companies like Walmart to large farms, these businesses are cutting energy costs and becoming energy independent, so they can focus on the most important aspects of their businesses.

At Pope Energy, we are in the business of helping commercial companies reach energy efficiency with our large-scale photovoltaic solar energy projects. We serve system owners, large-scale energy users, commercial & industrial businesses, land and real estate owners, and the public sector in the New England area. We believe in solar energy development, and we know that the investment will eliminate energy bills and improve our environment.

Agricultural Industry

Farms are resorting to solar energy to help power their land. When it comes to farming, farmers have plenty of things they need to power in order for them to be successful in the agricultural industry. If they can have solar energy power most of their farm, they’ll be saving on energy bills and not have to worry about going under. More farms around the country are turning to solar panels to power their farms, and they are seeing benefits they have never seen before. They can relax and focus on feeding communities all over the nation.

Land and Real Estate

Large landowners, as well as real estate owners have the opportunity to help the community and themselves by investing in solar energy to use on their land or properties. With apartment complexes or other rental properties, real estate owners can make their lives easier, as well as the apartment renters’ lives easier by installing solar panels. They could reduce the price for renting an apartment, cut down on their own energy costs, and be able to supply their renters with energy efficient amenities while living at their property.

Commercial & Industrial Solar Installation

As we mentioned before, commercial and industrial companies like Walmart, Apple, Target, and more are turning to solar panel installation to help supply energy for their industrial buildings, stores, and operational buildings. They have a certain influence over consumers, so for them to invest in renewable energy and the environment, they’re ethical persona plays well with the regular person, but it also is doing good for the entire world. When other large companies  see their counterparts doing this, they’ll be inclined to do the same.

What are the benefits for my business?

Not every business owner or industry executive realizes the full potential of benefits when it comes to investing their money into solar energy development on their properties or buildings. With a full-scale installation and development, your business will see these major long-term benefits that are worth the investment.

  • Eliminating your energy bills – When we use electricity, gas, and other resources for powering our essentials, we aren’t getting anything back. Renewable energy resources like solar is able to give us something back that we never had. Eliminating energy bills is most important to business owners. Electricity is a major expense in business, if you don’t have to worry about that extra expense, your business will run smoothly.
  • Reduce Carbon Footprint – By investing in solar energy to power your facilities, you’re reducing your carbon footprint. You’re helping the environment and become an example for others to do the same.

 

At Pope Energy, we believe that large-scale photovoltaic solar projects can change the way we harvest our energy and give it back to others.

If you’re a commercial business owner looking to invest in solar energy, contact Pope Energy at 855-767-3363 today!

Solar energy projects

Massachusetts Doubling Size of Solar Program

The state of Massachusetts has been continuing to reduce the amount of fossil fuels emitted. This summer, the commonwealth is implementing a “Clean Peak Standard” program, which is meant for renewable electricity generation resources arrive at the right time on the grid. Now, Massachusetts is doubling the size of its SMART(Solar Massachusetts Renewable Target) program.

Modifications to the SMART Program

The emergency regulation changes include:

  • The target has been doubled from 1,600 MW to 3,200 MW of new solar generation capacity
  • Energy Storage Systems are now required to be co-located with solar projects over 500 kW in size, with some exceptions
  • Stakeholders and proponents need to review the categories of land use
  • There are limitations to certain areas of land under Core Habitat and Critical Natural Landscape when it comes to solar energy use
  • Changes to Low Income Eligible Areas
  • The expansion of Public Entity Projects
  • See Pope Energy’s Comment letter to regulators about how to improve the land use restrictions currently in place.

 

There are much more updates and changes. Massachusetts continues to set the standard for renewable energy projects. One of the leaders in the nation for solar, Massachusetts has over 100,000 projects and 2,500 megawatts installed all over the state.

COVID-19 and Solar Energy

Even in the middle of the pandemic crisis, the doubling of the SMART program will stabilize the solar industry in the Massachusetts economy. Providing job and career opportunities, as well as meeting clean energy goals will improve the economy and environment.

Pope Energy provides large-scale photovoltaic solar projects in New England for landowners, real estate owners, commercial building owners, and farmers.

Contact Pope Energy at 855-767-3363 today to be a part of an amazing investment in solar energy.

Solar energy on your farm

Is it Possible to Run My Farm on Solar Energy?

Many farmers around the country are constantly pondering the idea of investing in solar energy to run their farmland. There are many factors that can affect farming in a negative way. Pandemics, natural disasters, economic recessions, and other negative events can result in nightmares for the agriculture industry across the country. One way to help save farms on energy bills and the cost of running a farm is to invest in renewable energy like solar.

How is COVID-19 Affecting Farming?

The COVID-19 Pandemic has forced restaurants, coffee shops, and other markets to close, which has led to fresh food demand to drop. Farms have been left with stockpiles of fresh food they can’t supply to restaurants and other places serving fresh food. This impacts farmers because they make their living on supplying the fresh food to those who need it. The federal government will have to step in to help farms and ranches supply that food to people in need of it.

Why Should Farms Invest in Solar Energy?

Solar energy systems are low maintenance, and the energy would be free once the initial cost of the investment is recovered. For farmers, their longevity is the most important, and that is why a solar energy system investment can benefit farms in the long run. Traditional energy like kerosene, diesel, and propane have caused problems such as the cost of transportation, spillage, fumes, and high maintenance costs.

By utilizing solar energy in agriculture, these farmers will be able to reduce their fossil fuel emissions and environmental hazards. If a farm has a solar energy system with energy storage, they will have the opportunity to obtain a surplus of energy, which then they can give back to the grid supplying them with another source of income in times of need. Another significant reason for agriculture to invest in renewable energy is because it is the future of energy. If farms want to last, their best bet is to go solar.

When Should Farmers Invest?

Investing in a large-scale solar photovoltaic project sooner, rather than later is highly beneficial. At this point, fossil fuels continue to rise and solar has dropped almost 80% in the last several years. Solar energy is the best alternative in favor of energy independence. As utility rates rise, a farmer’s investment will become even more valuable. Energy bills will decrease significantly, and when a tough obstacle appears, your solar energy system will take the weight off your shoulders.

The Benefits:

  •  Long-term energy savings that grow
  • Energy Independence
  • Another form of revenue for your farm and livelihood
  • Fuel your farm and home
  • Lease your land for solar development with no outlay of money required.

 

So, what should I expect solar energy to help farmers with?

Solar energy has the capability to supply your farm with energy to run motor, water pumping for irrigation in fields, for livestock, and pond management. For your building needs, solar energy can supply energy for lighting, ventilation, heating, air cooling, and much more. Anything that requires energy to be used has the possibility to be run on your solar energy system if you play your cars right.

Environmental Benefits for Farms:

  •  Solar energy decreases fossil fuel emissions in the atmosphere
  • Solar produces clean energy
  • Air quality improves and pollution decreases

 

Pope Energy Provides Solar Energy Projects

At Pope Energy, we specialize in the development of large-scale solar projects for land owners including farmers. With our solar development team, we have the capability to guide through every detail of the project with installation, development, production, and repair and maintenance.

If you’re a farmer, and you need help on energy savings and supply, contact Pope Energy at 855-767-3363. Your investment in solar energy can help save your livelihood of farming!

 

 

Solar energy jobs in Massachusetts

Massachusetts to Grow Solar Jobs

The state of Massachusetts has been a leader in the solar energy industry in the United States. The state has set a precedent for all other states to follow their renewable energy agenda, so that the country can have a sustainable future. In Massachusetts, policy uncertainty is getting in the way of nonresidential development of solar energy, which means legislatures need to come together and make some changes.

Renewable jobs are growing across the United States, creating sustainable careers for hardworking Americans in some of the most fossil fuel-heavy states. It looks as if the coal industry is turning downwards once again.

Legislation Needs to Step Up with Solar

Legislation in the state of Massachusetts needs to work together with passing bills and keeping the Solar Massachusetts Energy Target on track for 2050. This means expanding the program by 3,200 megawatts for this to happen. There has been a stall on some solar progress in recent years, which has caused thousands to lose their solar energy jobs. Using compliance obligations already in force within existing legislation, regulators need to establish a fixed amount of solar DG as recommended by the Brattle Group Report, Achieving 80% GHG Reduction in New England by 2050. For Massachusetts, which consumes 45% of the electricity in ISO-NE, this fixed amount of solar that would need to be installed each year would equal 0.9 GW -2.5 GW of solar per year. A target of needing to install this level of solar would drive solar and interconnection policy with DOER, D.P.U. and MassDEP.

Allowing customers to adopt solar on not only a residential, but also a commercial scale will help the industry hire back the workers that have lost their jobs. This will help the state of Massachusetts reach a goal of net-zero carbon pollution by 2050, which was passed by the senate recently. If Massachusetts triples the SMART Program, Vote Solar figures it could create 8,000-9,000 new jobs and drive more than $5 billion in solar project investment into the state’s economy.

How Will Solar Energy Impact Jobs?

New renewable solar energy projects are much cheaper than keeping existing coal plants afloat. Building replacement wind and solar facilities will be much less expensive across the board by 2025. With the state’s trend for 100% clean energy goals, the demand for more jobs and workers to build solar panels and wind turbines is growing substantially. As long as legislation cooperates with passing bills on behalf of the clean energy movement, then jobs will be booming in this industry.

According to the National Solar Jobs Census, “Between 2014 and 2019, solar employment increased 44%, five times faster than job growth in the overall U.S. economy.”

 

In the state of Massachusetts, Pope Energy is taking initiative to provide commercial solar energy projects to customers around New England and in New York. If you’re looking to grow your business and be successful while helping to get to 100% clean energy in your state, contact Pope Energy at 855-767-3363!

 

industrial solar farm

What to Know About the World’s Largest Solar Project

The world’s largest solar project being built in the Middle East is at a record low for cost in solar price. It’s expected to be completed in 2022, and it will stand as the largest single-site solar energy project.

Why is this Solar Project So Cheap?

There are a few places in the Middle East going head to head in seeing if they can hold the record low for solar projects. In Dubai, a project that started in 2013 is looking to get up to 5 gigawatts by 2030. This project set the record low in November with a 1.7 U.S. cents deal for the next 900 megawatts of its solar park.

Qatar decided to take the reins in January with 1.6 cents per kilowatt-hour. Now, United Arab Emirates looks to have the record low again. A 40 percent stake will go to the winners and receive a 30-year PPA contract including construction, procurement, and operations and maintenance.

The Middle East Advantages

To have a successful solar project, there are many factors that have to be in place. In the Middle East, their advantage is the resources, which include large and flat sites, cheap land costs, cheap finance, and massive scale.

Is the COVID-19 Pandemic Affecting Production?

As it looks, there hasn’t been many hiccups with solar projects in the Middle East due to the Coronavirus Pandemic. Even as many markets are currently in lockdown, the solar energy sector is still continuing to push their projects.

Pope Energy

At Pope Energy, we’re in the business of providing large-scale solar energy projects for the New England region of the United States. For landowners, real estate owners, farmers, and commercial building owners, solar energy can become a major importance for your business. A long-term investment in solar will pay off down the road.

Contact Pope Energy at 855-767-3363 today!

 

 

 

 

Commercial Real Estate Solar Panels

Solar Energy Benefits Commercial Real Estate Owners

Commercial solar photovoltaic energy projects have been benefitting many industries across the country. Commercial real estate owners should also know that solar can have a major impact on their business and industry. This gives commercial real estate owners an opportunity to increase their cash flow by reducing energy bills from less energy usage. It also sets an example for a sustainable footprint.

How Can Solar Energy Improve Commercial Real Estate?

A few years ago, it would’ve been a stretch to consider investing in solar photovoltaic projects for commercial real estate. The investment wouldn’t have been worth it, but now, we’re looking at this with a new vision. The investment of solar energy is one of the best ways cut utility costs and raise rents.

Solar Energy Will Save You Money:

Lowering the operating expenses of a commercial property for the real estate owner is a major benefit. Commercial industries are noticing the long-term benefits when investing in solar energy, which only means that it will be rapidly increasing in the future when everyone catches on.

Renters will flock to commercial real estate apartments because of the renewable energy usage. If they have to pay a little extra in rent each month, they won’t mind because the carbon footprint will be decreased for them and the real estate owner. It’s a tremendous incentive to get involved with if you’re in the commercial real estate business looking to grow.

Two Major Benefits from Solar Energy

For real estate owners, they should be aware of two major benefits that will ultimately encourage the investment into solar energy for commercial properties. For one, it will increase your revenue from higher rent prices, and second, it will decrease your operating expenses.

Two Uses for Solar Energy in Commercial Real Estate:

Solar energy can be used for common areas within the building and for individual tenant apartments. In the past, solar energy only served common areas, but due to “virtual net metering,” individuals can benefit from commercial solar systems.

Solar Energy Results So Far

You’ll notice in the news that there has been an incredible movement across the country and even the world for an increase in renewable resources to power the world. Many companies are investing in real estate that is energy-efficient and powered by clean energy. Solar has taken charge in power energy in recent years making it cost competitive with other power resources that we’ve used for so many years. On a subsidized basis, it is now competitive on a wholesale level. One thing that is helping this case is the implementation of solar and energy storage.

Pope Energy plays a big role in the development of solar photovoltaic projects for commercial real estate owners. We believe that installing solar systems on a commercial real estate property can both benefit the real estate owner and the tenants. If you’re looking to quickly sell properties, this will help you do just that.

Contact Pope Energy at 855-767-3363 if you’re looking to invest in solar energy to help improve the environment, cut your energy bills, and create a sustainable-living environment for everyone.