Originally Posted by nathanjizzle
you have the right idea. I believe even if you just purchase land, energy companys would pay you to build a solar farm on it and give you a cut of the money generated.
I got into the energy sphere a little more than a month ago while researching cryptocurrency investment opportunities, future outlook really does look amazing and I've been reading and writing as much as I can outside of work since then.
Started on a business plan for a renewable energy company focusing mainly on solar farms and I'll be doing the leg work soon to get the numbers I need to see if it's economically viable where I'm located. Basically it works in the way that you sell the produced power to the electric company, and in a not too distant future perhaps directly to people your neighborhood instead. So it becomes a question whether you can produce it cheaply enough or not. I love the idea of buying land to do it, but the vision of the company is that it's a full time thing for multiple people, so leasing land and spaces might be better in the start opposed to buying which might be a very long term investment.
Looking forward to getting some numbers though so I won't just be talking theory, both from the local energy company, 3rd party contractors and the government. There's this huge public car park and small bus terminal close by, I want to build a roof on it with panels before someone else does :)