Off Farm income streams are always being looked at by Graziers and Farmers, but what about if your rural property could provide you with a different form of “on-farm” income.
Central Queensland is becoming a hot spot for large scale solar installations or Solar Farms. Under the Solar 60 Program, the Qld Government is calling for tenders and will provide financial assistance to solar and renewable energy companies to develop 60MW large-scale solar farms. The Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC) have also committed more than A$100 million to drive the development of large-scale solar projects in Australia.
With funding for large-scale solar projects available, Landowners are being approached by solar and renewable energy companies for the rights to investigate and build solar farms on their land. Origin Energy has even indicated that there is a “Prospecting Race” for solar projects in Queensland.