Landowner and community owned solar farm development program

2 MW landowner and community owned
solar farms

Fast Track Investment Program

Albany County, New York

Solar Farms in Albany, County New York can now be owned by landowners and the local community.

Four Easy Steps To Begin The Process

Step 1

Identify Land In Albany County, NY

Identify 10 - 14 acres of land that is flat, clear and available. On average it takes between 5 - 7 acres per 1 MW.

Step 2

Fill Out Our Host A Solar Farm Application Form

Scroll down to the bottom of the page and fill out our Host a Solar Farm Application Form.

Step 3

Solarcollab Approves and Coordinates Development

A Solarcollab account manager will review the application and contact the legal land owner to review the information.

Step 4

We Raise Funds On Our Investment Platform

Solarcollab registers the project with the US Securities and Exchange Commission so that we can sell equity ownership.

What makes a good Solar Farm site location?

  • Land located in{{mpg_county_name}} County, {{mpg_state_name}}

  • You need at least 10+ acres of cleared unobstructed land.

  • Land should be within two miles of a utility sub-station.

  • Land should be flat with front road access.

  • Land should have no environmental zoning restrictions.

We are democratizing Solar Farm Ownership!

Solarcollab raises the funds for your community solar farm on our crowd investment platform. For as little as $1 a share members of the local community can now actually buy stock in their community solar farm. The profits that the solar farm earns will be sent to their digital wallet on a quarterly basis.

  • Host A Solar Farm Application Form

    Complete every field in this form and we will start the process to see if we can bring a community owned solar farm to your local area. Please remember, we need all the information requested below to proceed.

    Size of the land parcel in acres
    Parcel ID Number
    Name of Local Electric Utility
    Website url of your utility company
    Selected Value: 1
    Degrees of slope?
    Does the land have front road access?
    Is there a three-phase power line next to property?
    How many miles away is the nearest substation?
    Click or drag a file to this area to upload.
    Take a google map screenshot of land parcel and upload it here with property boundaries outlined
    fill in the parcel map URL from

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    Frequently Asked Questions

    These are the most common questions we receive about our 2 MW Fast Track Landowner and Community owned solar farm impact investment program.

    Landowners

    A solar land lease is a contract between the property owner and Solarcollab that allows us to build a solar farm on your property in exchange for lease payments to the landowner. Each land lease contract is different, but generally the contract is for 20 years and sometimes there may be an option to extend the term for an additional number of years.

    The power generated by the solar farm will be sold to your power grid. This could be a local co-op, large energy company, or individual company.

    With the current process involving city planning and permits, along with working through details of contracts, the process can take anywhere from 6 months to 3 years. During this time you’ll be free to continue using your land.

    Solarcollab will contract out the operations and maintenace   for the solar farm during its life, and will remove all equipment and reclaim your property once the project has ended.

    We are in the process of updating the answer to "Does a solar farm affect property taxes and if so, who pays those taxes?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "How much land do I need for a typical solar farm?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "What other criteria make up an ideal site for a solar farm?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "I have multiple offers from other solar developers, how do I choose the best one?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "How do I start the process of working with Solarcollab to learn about hosting a solar farm on my vacant land?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "Is there an opportunity for me to own part of the solar farm that will be on my land?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "How do I start the process of working with Solarcollab to learn about hosting a solar farm on my vacant land?"... this section will be complete by February 14, 2021.

    Investments

    The initial cost to develop a community or utility scale solar energy project is quite expensive. However, once they are constructed they are not that expensive to operate and maintain for the next 25 years. One of the ways that we fund these solar projects is through crowdfunding. In general, the term crowdfunding refers to any online-based, collective investment by multiple people (i.e. the crowd) for a specific project. Solar project developers or owners present their projects on the Solarcollab crowdfunding investment platform in order to solicit financial support from the general public. As each solar project generates clean renewable electricity, the electricity is sold to the local utility or third-party commercial entities under a long term contract. The revenue from these revenue streams are used to initially pay for the operating and maintenance expenses of the solar energy system. The rest of the revenue is used to pay down for the project financing, debt, taxes and administration or the solar asset.

    We are in the process of updating the answer to "How is my investment income paid to me?"... this section will be complete by February 14, 2021.

    We are in the process of updating the answer to "How liquid is my initial investment?"... this section will be complete by February 14, 2021.

    The internal rate of return is a metric used in financial analysis to estimate the profitability of potential investments. The internal rate of return is a discount rate that makes the net present value (NPV) of all cash flows equal to zero in a discounted cash flow analysis. IRR calculations rely on the same formula as NPV does.

    When you invest with Solarcollab, you are buying a piece of a solar energy power plant, similar to buying a piece of real estate. You have "equity" in the project and literally and legally own a portion of it. Investments in "real assets" such as this are inherently illiquid. The objective is to put long-term savings and investment capital "to work" by investing in a diversified portfolio of solar energy projects and collecting dividends over a long period. That said, if an investor desires to sell their stock in a portfolio during the operational life of an investment, Solarcollab will make commercially reasonable efforts to buy that stock from the investor according to the terms and conditioned set forth in the Reg A Offering Circular for each investment. Solarcollab is actively working on a secondary market option for the purchase and sale of these stocks by and between platform investors.

    Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost. To calculate ROI, the benefit (or return) of an investment is divided by the cost of the investment. The result is expressed as a percentage or a ratio.

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