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  • amksenin@lemmy.worldOP
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    17 days ago

    There’s a solar farm 1km away. I heard here it would require like $1m of investment and it pays for itself in 7 years but that’s above my pay grade AFAIK

    • foggy@lemmy.world
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      17 days ago

      I mean…

      So do 1/10th of that. 100k pays for itself in 7 years? Still have 9/10 of your land to play with.

      Just a thought. turnkey operations are geist for land ownership.

    • Ledivin@lemmy.world
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      17 days ago

      Sounds like it’d be relatively easy to get a loan or investor with that kind of ROI. Seven years is nothing if it’s consistent and safe.

      Is there a reason you’d have to go all-in, rather than starting with just a couple dozen panels first?