Typically we seek dry, relatively flat land and prefer larger parcels of at least 160 acres. Each parcel of land will be evaluated for suitability for solar. If you have been presented a lease for each parcel, our initial evaluation indicates it has potential for solar energy development. If we discover that any land is not suitable, you will be notified during the development period and that land will be released from the lease.
Can I continue to farm my land or graze cattle on it during the time you’re seeing if my land will work for a solar project?
Yes, Forsite will have access to your land during the development period but will call before visiting and will let you know before we access the land for studies, surveys and other diligence matters.
Will you return the land to its current state once the lease expires?
Yes, our form of lease includes a decommissioning requirement that is secured by an irrevocable bond starting in year 20. We will remove all improvements, roads and foundations to three feet (3’) below grade.
Are there any benefits to having solar energy on our land?
Yes, solar energy projects have zero emissions, provide significant, long-term cash flow streams to landowners and their families, and provide significant tax payments to the local community for the benefit of rural counties and schools.
What if my property taxes increase due to the project?
Forsite will pay any increase in taxes due to the project being built on your land, including rollback taxes if the land is converted from agricultural use.
How much land is required for a solar project?
It depends on the topography of the site and other factors such as drainage basins, existing easements and infrastructure, such as pipelines and transmission lines, and other improvements such as homes or barns, but typically it takes approximately 5 to 6 acres of land per megawatt of solar energy.
How long does it take before you know if the project will get built?
It typically takes between two to five years before the project will be ready for construction.
How will I know how the project is going?
Forsite seeks long-term partnerships with landowners on our projects, so we strive to be transparent and will provide regular updates during the development process.
Why should I work with Forsite Renewables?
Forsite knows renewables and real estate. Forsite specializes in repurposing existing infrastructure for a new life supporting the injection of solar energy into the grid. Forsite is one of the only solar energy developers that has the expertise and knowledge to swap clean solar energy for legacy fossil fuel generation, remediating the site to EPA standards and replacing it with grid-connected solar.