At Alight, we develop, build, own and operate our solar parks and sell the clean electricity to energy-intensive companies. By leasing your land to us, you can ensure it yields a profit while also contributing to a more sustainable society.
For more information, contact Alight’s site origination team.
It’s likely that parts of your land yield low returns today. By leasing out this land for a solar park, you can secure a stable income stream and increase the financial viability of your business.
The world is facing an increased urgency to tackle the climate crisis by transitioning to renewable energy. Solar parks contribute directly to this, bringing more clean electricity to our communities.
Alight sells the clean electricity generated by the solar park to large, energy-intensive companies through power purchase agreements, which usually last 10-25 years. This secures your long-term finances, and at the end of the contract, the solar installation can be removed and your land can be fully restored.
Land should be at least 10 hectares in size, located in southern Sweden or Finland where the solar radiation is the strongest, and outside protected areas. This can deliver roughly 10 MW of electricity, equivalent to 10 GWh per year or the household electricity of 2,000 Swedish homes. Thanks to economies of scale, the price of solar at this size is competitive with other energy sources.
Flat, dry and even land is the easiest to build on. As such, agricultural land, pasture land, industrial land or forest land is most suitable for a solar park.
To bring the project online in a profitable way, it’s critical the land be positioned near a grid connection point.
From first contact to energizing the solar park, the process can move as quickly as 18 months, and Alight manages each step in close cooperation with you.
Building a solar park requires a land lease agreement, a building permit, an environmental permit and a grid connection agreement. Alight holds parallel discussions with all stakeholders, including the landowner, electricity company, local community, county board and municipality, to ensure all necessary permits are obtained on a reasonable timeline, usually within 6 to 12 months. Read more about conditions in lease agreements and financial compensation for lease of land.
Alight has ongoing dialogues with many commercial and industrial customers that want to invest in large-scale solar power to improve their sustainability. Once a solar park is ready to build (step 1), Alight identifies a suitable customer and signs a long-term power purchase agreement in which the company commits to buying the electricity, which makes the project financially viable.
Once all necessary permits, lease agreements and contracts are in place, Alight can then procure, build and commission the solar park. Generally, it takes about 6 months to build a 10 MW solar park, but the length of time varies depending on the size and design. Alight is responsible for the operation of the facility throughout its lifetime.
Our vision extends beyond solar power. As we are long-term partners, we see ourselves as custodians of biodiversity, carefully integrating ecological measures into every project. Our solar parks not only reduce carbon emissions but also strive to preserve and promote biodiversity in local ecosystems. In many of our parks, we bring in sheep to graze and sow flowering plants to benefit pollinating insects. Studies also show that solar parks can increase biodiversity among birds.
Henrik Schmiterlöv will secure income on land with poor yields by leasing his land in Hallstavik.
“It is important in the situation we are in that we have to create more electricity in Sweden,” Thomas Turesson, CEO of Brevens bruk AB, tells P4 Örebro.
