Lasting Relationships Based On Integrity
Evolve Development is your trusted partner in transforming your land into a long-term income stream from renewable energy.
Why a renewable energy project is right for you.
Competitive Terms
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Financial Freedom
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Boost Your Local Economy
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Reduced Tax LiabilityIncreased property and rollback taxes are paid on leased land. |
SOLAR ENERGY AT A GLANCE
SOLAR FAQ
What is Community Solar?
Community solar programs are initiated at the state level and are smaller, utility-scale projects typically ranging from 20-80 acres (3MW to 10MW) in size. Local residents are able to subscribe to the energy generated by community solar projects for a discount on their electric bills.
Are there any active community solar programs in other states?
Successful community solar programs are currently underway in California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Massachusetts, Maryland, Maine, Minnesota, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oregon, Rhode Island, South Carolina, Virginia, Vermont, and Washington) and the District of Columbia.
How many acres do you need for a solar project?
For community solar sites, we target single parcels with 15-75 acres of land, and for transmission projects, we target sites with as few as 175 acres to over 1000 acres of contiguous land.
What factors make a site ideal for a solar lease?
We assess sites for how many “buildable acres” they contain, so we omit constrained land that is in wetland areas, flood zones, treed locations, and areas with significant topography. The best projects are those that are shade free, high, dry, and flat and in close proximity to existing utility infrastructure. The closer a project is to the utility infrastructure, the fewer costly upgrades required to tie our projects into the electrical grid, as a result, we pass along any upgrade savings to our landowners through increased lease rates.
BATTERY STORAGE AT A GLANCE
BATTERY STORAGE FAQ
What is Standalone Battery Storage?
Utility-scale battery storage generally entails a series of interconnected batteries, most often lithium-ion batteries, that are enclosed in a storage container, similar to a shipping container. These devices are modular and easily scalable to meet energy storage needed. Ultimately, battery storage improves grid flexibility and reliability, and it enables the use of variable electricity sources like solar photovoltaic (PV) and wind energy.
Are energy storage systems safe?
Yes. Our developers’ rigorous equipment vetting processes require that any equipment installed on your property be safe for you, your community, and the environment. All equipment has been certified to UL industry safety standards and is installed with fire suppression systems and remote monitoring for an added layer of safety. There are no emissions or moving parts. The batteries are also “solid-state,” meaning that all the materials do not dissolve in water and have no potential to spill or leak, so they are environmentally friendly.
How much land is needed for standalone battery storage projects?
For smaller distributed generation projects, we need as little as a quarter acre of land and up to 1-2 acres. For larger transmission-scale projects, we need as little as five acres of land and up to 30-40 acres for the largest projects. Project size is based on the voltage present on the nearest utility infrastructure.
What factors make a site ideal for a battery storage project?
We assess sites for how many “buildable acres” they contain, so we omit constrained land that is in wetland areas, flood zones, forested/treed locations, and areas with significant topography. The best projects are those that are, high, dry, and flat and commercial or industrial zoned, that are easily accessible from a public right of way. We also look at a number of factors including proximity to overhead distribution lines and/or substations, the ease of site access, the amount of vegetation on the site, and whether there are any existing environmental constraints.
How do battery storage projects generate revenue?
The most common business model for standalone battery storage systems is to store electricity when energy demand and/or power costs are low, then release the on demand power back to the grid when energy demand is high and supply is low and/or. This process of buying energy low and selling it high is known as energy arbitrage.
What type of batteries are used in Battery Storage Projects?
Lithium-ion batteries, which are used in mobile phones and electric cars, are currently the dominant storage technology for large scale plants to help electricity grids ensure a reliable supply of renewable energy – 90% of U.S. based projects rely on these batteries. Other less common batteries used in the industry are lead-acid batteries, redox flow batteries, sodium-sulfur batteries and zinc-bromine flow batteries.
What type of batteries are used in Battery Storage Projects?
Lithium-ion batteries, which are used in mobile phones and electric cars, are currently the dominant storage technology for large scale plants to help electricity grids ensure a reliable supply of renewable energy – 90% of U.S. based projects rely on these batteries. Other less common batteries used in the industry are lead-acid batteries, redox flow batteries, sodium-sulfur batteries and zinc-bromine flow batteries.
How much noise do the battery systems generate?
At full performance, these systems emit <60dBA measured at 1 meter away. This is similar to the noise emitted from an air conditioning unit.
GENERAL INFORMATION FOR LANDOWNERS
Typical Project Schedule
GENERAL FAQ
When do I receive my lease payments?
Lease terms typically last over 20 years and generally no more than 40 years. Rent is paid annually at the beginning of the year, once construction is complete.
What is an Option Period?
The Option Period, which lasts approximately 3 to 5 years, is the initial due diligence period where the developer will be obtaining permits & working with your utility for the right to connect to the nearby power lines. Developers offer fixed annual payments during these periods to complete the lengthy due diligence required for each project. The option period is required regardless of whether the transaction is a lease or purchase.
Why is the option period so long?
With all power generation projects, there is a substantial due diligence period. The reasoning for this is that utilities require projects to go through detailed engineering studies, which can take 2+ years. We then allot 1 year for zoning and permitting, ~9 months for design and 6 months for financing. Hence, the 4 to 5-year option periods.
Can I use my land during the option period?
Yes, landowners can continue to utilize their land as they have in the past. When the option is exercised, appropriate consideration will be given to landowners to cover any commercial impacts to their existing land use (ex. farming corn, soy, walnuts, etc).
Do I get to collaborate on where a project will be sited on my land?
We work hand-in-hand with our landowners to select the best locations for all our projects, and we strive to impact their current or planned future uses for their properties as little as possible. Additionally, we prefer to site projects as far from neighboring properties as possible, ensuring better site lines and less interference during the construction and operations periods.
What is Agrivotlaics?
Many developers are open to co-locating solar energy installations and agriculture beneath and/or between rows of photovoltaic panels – this can include sheep grazing, raising honey bees, and the growing of shade friendly crops (ex. radishes, carrots, and potatoes. The goal of agrivoltaics is to help ease the land-use conflict between constructing solar projects on productive agricultural land.
How To Get Started?
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