Farm Ireland
Independent.ie

Sunday 11 December 2016

Solar-farm firm seeks Irish land

Published 19/08/2015 | 02:30

Lightsource Renewable Energy: 25-year index-linked rental agreements with farmers
Lightsource Renewable Energy: 25-year index-linked rental agreements with farmers

A major solar company, Lightsource, said it plans to invest "several hundred million" euro in the Irish market over the next five years.

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Lightsource chief executive Nick Boyle said he does not expect Irish farmers to resist the company's move into the Irish market. "In the UK the last people who were pushing back were farmers," he said.

However, the IFA has cautioned all farmers approached by solar development companies to read the small print, seek legal advice and ensure they are aware of any restrictions to farming practices before signing any contract or option agreement.

"We enter into a 25-year, index-linked rental agreement with farmers. Regardless of what happens, if you have a bad winter or summer, you get paid," said Mr Boyle, adding grazing was permitted on 70pc of UK sites.

Smaller livestock like sheep, geese or chickens can graze around the solar farm, with restrictions on larger animals such as cattle.

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