Discover new ways of generating and storing energy.
What are solar farms?
Solar panel farms are large-scale installations of photovoltaic (PV) panels that generate electricity from sunlight. These farms can range in size from a few acres to hundreds of acres and are typically situated in rural areas where there’s ample sunlight and land availability. In the worldwide, solar farms are becoming an increasingly popular way to generate clean and renewable energy - for powering your business and
selling back to the grid.
What are the benefits of solar farms?
As well as providing clean, sustainable energy, solar power farms also offer a range of other benefits. They can help to reduce greenhouse gas emissions and combat climate change, and also provide opportunities for local employment, as solar farms require maintenance and monitoring.
There are a few concerns raised about their impact on biodiversity and the loss of agricultural land, so in response to this, more and more countries has introduced guidelines for solar farms, which require developers to carry out environmental impact assessments and to consider the impact on local communities.
How much do solar farms cost?
The cost of building a commercial solar panel farm can vary depending on the size of the installation, the location, and the quality of the PV panels used. However, according to industry experts, the average cost of building a solar farm is around €1 million per megawatt (MW) of capacity. This means that a 50MW solar farm, which is a fairly typical size in the EU, would cost around €50 million to build.
Despite the initial high cost, solar farms are considered a sound investment due to the potential long-term savings on energy costs, and the opportunity to generate revenue from the sale of excess energy back to the National Grid. Solar farms in the EU usually have a lifespan of around 25 years and can generate enough electricity to power thousands of home and businesses.
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