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Power and utilities deal activity saw significant growth over the past year, underscored by a $29 billion acquisition of a major independent power producer in January 2025 and increasing demand from data centers. While investor appetite remains high, clean energy transactions have slowed amid policy uncertainties and IRA-related challenges. The sector is shifting focus toward dispatchable generation and grid reliability, with conventional assets regaining traction. Despite these headwinds, strong infrastructure demand is expected to support deal flow through the second half of 2025. At the heart of this momentum is the Inflation Reduction Act , which allocates $27 billion to the Greenhouse Gas Reduction Fund and is expected to add 600 gigawatts of new solar, wind, and energy storage capacity over the next five years. This massive growth potential has sparked renewed investor interest in consolidation opportunities across the fragmented clean energy sector. LandGate’s PowerCapital reveals the true owners behind LLCs, helping energy companies identify who to contact to acquire projects in the queue. Using advanced analysis, it automatically combs through applications and documentation to map each project to its parent developer, turning intentionally opaque data into actionable insights. What is Site Control for a Solar Farm?   Site control refers to properties that are leased by a solar developer. It’s a critical early-stage step because investors, utilities, and permitting authorities need assurance that the developer actually has access to the land before moving forward. How to Find Site Control Projects Before a project even enters the queue, LandGate analyzes county tax assessor records to find lease agreements already in place between developers and landowners. The dataset is continuously updated by a process that locates new lease documents within days of new agreements being filed with each county.  Solar Interconnection Queue and Solar Lease Data LandGate allows users to access data and tech to build, invest, acquire and finance renewable projects with the most accurate and immediate output. Having a full picture of all active, built, planned, queued and site controlled projects gives valuable competitive intelligence- know instantly where other players have options to lease land for future development.  Avoid costly decisions of site selection in the wrong areas of the US. Conducting detailed due diligence is key to understanding the potential value of the platform and therefore being competitive in the bidding process without overpaying. Track Site Control for a Competitive Advantage Knowing competitors’ pipeline as well as building your own pipeline is instrumental in planning an economically viable project. A thorough, bottom-up valuation of the pipeline of the target is essential for an accurate valuation.  Other factors such as grid connection, building permits, and offtake agreements should be considered in both the realization probability and the potential value of the realized capacity. With LandGate, you can learn which markets, which renewable energy types, where projects are added and withdrawn from queues and for the first time ever, and where lease options are placed throughout the nation. Additionally, the competitor landscape is changing. Not only are independent developers and utilities looking to scale their acquisitions, but also oil and gas companies are increasing their decarbonization plan as well as major financial institutions who want to push ESG mandates while expanding their value chain propositions.   Scaling Renewable Energy M&A with Queued and Property Site Control Data Executing a successful acquisition of a renewables developer is a complex endeavor that goes beyond standard deal-making capabilities. Acquirers must first clearly articulate why and where M&A will support their broader corporate or business unit strategy. Next, they need to plan their approach, including developing a high-level business case, performing a valuation, and outlining preliminary integration plans. Scale M&A origination and investment efforts by searching through LandGate’s nationwide database of projects and expedite outreach campaigns with contact detail and revealed Parent Operator (behind the LLC). Filter to match investment criteria: Project type, size, distance to substation, transmission lines, acreage, geography.   Combine with LandGate's other data such as PPA, Incentive, NAVs/Cash Flows, Listings to provide a tailored target output. Amplify due diligence and competitive intelligence by tracking portfolio, concentration and place in queue to reveal full portfolio and pipeline of target developers or platforms.   Reveal opportunities to jump spots in the queue that can speed up time getting the project to market and avoid upgrade costs for electrical infrastructure. What is Needed to Acquire Solar Queued and Leased Projects? LandGate has systematically identified both the true parent company behind an LLC, but also given all contact details of the site operator. Utilize the platform to find a project or parcel, and research the entire portfolio of that operator. Perform an immediate due diligence process but noting their other project statuses - and gaining an understanding of days and rank in queue, COD, distance to substation/transmission line - and if desired, drilling into all the underlying documents including applications, perkins, site control details. How to Identify the Operator of a Queued Solar Project LandGate’s PowerCapital  unmasks LLC’s to help energy companies understand who to contact to potentially acquire a project already in the queue.  This data is intentionally vague and difficult to decipher.  LandGate pulls the underlying application and documentation, and then maps to the true Parent Developer through an advanced scientific approach, automatically combing through underlying documents like applications and making this possible.  Not only is the data available at the farm level, but users are able to search and aggregate at this level. The dataset provides a picture of counties with many projects already queued and which counties are primed for new projects.  LandGate compiles interconnection queues from ISOs and RTOs, providing a complete picture of queued projections throughout the USA, all in a single, standardized database. LandGate's M&A Renewable Database Investors are hunting from thousands of opportunities (projects, developers, land), value suitable sites, model NAV/cashflows, forecast future Cash Flows with proper sensitivities. Bankers must accurately and timely construct Comparable deals for risk Assessment and underwriting due diligence. Additionally, they need to quickly screen without 3rd party engineers until the deal is active. Leveraging LandGate’s PowerM&A software allows users to find active deals, monitor competitors’ deal making, and mitigate risk against ever changing factors. From Strategy to Execution M&A in the renewables space has surged with most developers and Private Equity firms racing to acquire projects and even platforms. Interconnection queue congestion is a challenge for solar and wind development. With LandGate's innovative platform, you will have powerful tools to clear the path for renewable energy projects. Contact our team to learn more or schedule a demo with one of our Capital Markets professionals.

Indiana has become an attractive location for data center development over the last few years. Driven by its strategic location in the Midwest, the state has witnessed a growing demand for cloud services and data storage. As of last year, there were more than 50 data centers fully operating within Indiana. Over the last year, Indiana has welcomed a handful of new hyperscale, colocation, and enterprise data centers. Indiana Top Data Center Market Players Want to read more? Access the full report below:

Data center demand in the United States is not slowing down. Driven by a growing dependence on AI, power demands are also rising significantly alongside development of new data centers and the infrastructure that supports them. According to Amazon and Nvidia executives , fears of a looming recession have not affected plans for continues data center growth and expansion. The first quarter of 2025 has been a crucial time for the U.S. data center industry, in particular. As the demand for AI-driven services and cloud applications continues to rise, data centers are seeing a significant increase in energy usage. U.S. data centers are expected to consume more than 600 terawatt-hours (TWh) of electricity by 2030, compared to 147 TWh in 2023 and an estimated 200 TWh in the first quarter of 2025. Data Center Fiber Optic Infrastructure | LandGate This increase accounts for 11.7% of the total U.S. electricity demand, highlighting the vast expansion of the sector. Consequently, developers are tasked with addressing the rising power needs of next-generation technologies while ensuring energy sources remain sustainable and reliable. With approximately $500 billion flowing into the AI industry this quarter, data centers have experienced significant growth and increased demand, prompting developers to search for ideal locations for their projects. With over 4 million jobs created and contributing more than $700 billion to the US GDP, the data center industry continues to thrive, adding numerous hyperscale and colocation facilities to the landscape. Emerging Hurdles for Data Center Developers The rapid expansion of the data center industry comes with its own set of challenges. A major issue is the shortage of skilled labor. The increasing demand for data centers has surpassed the supply of qualified construction workers, especially in the areas of electrical, mechanical, and plumbing systems, which are essential for building large-scale data centers. To bridge these workforce gaps, industry leaders are investing in training programs at community colleges and technical schools to increase the number of skilled workers who can support the sector’s growth. Additionally, ISOs are struggling to meet the rising demand for power across various locations. However, given the significant increase in returns for the data center industry, states are intensifying efforts on power solutions and exploring alternative power generation for these sites. For example, Indiana’s ISOs have developed integrated resource plans to address the surge in demand. To complement this, several data center providers have transitioned to renewable energy and alternative resources such as gas and nuclear power to generate electricity in their data centers. Power: The Foremost Priority for Data Center Developers As power requirements for data centers escalate, the focus for developers has shifted significantly. Traditional data centers typically demand between 30-50 MW of power per site, while modern facilities are now anticipated to require 100 MW or more. This dramatic increase in power needs has led developers to seek locations with dependable power supplies , robust connectivity, and scalable infrastructure. Areas near natural gas pipelines , nuclear power plants, and renewable energy sources are becoming increasingly desirable due to their capacity to deliver consistent, high-output energy essential for the continuous operations associated with AI and cloud computing. For example, Microsoft’s $2.1 billion AI-centric data center in Phoenix is utilizing a mix of solar, nuclear, and natural gas energy sources to fulfill its power requirements, highlighting a growing trend toward energy diversification in the industry. The impact of the data center sector extends beyond its immediate operations, influencing real estate markets, labor income, tax revenues, and overall economic activity across the United States. Offtake Capacity Data: The Solution to Data Center Power Struggles Data Center Infrastructure & Available Power | LandGate Offtake capacity  refers to the amount of energy that can be safely and reliably withdrawn from the electric grid at any given point to power various installations, including the rapidly growing number of data centers driven by artificial intelligence (AI) advancements. This capacity is critical for ensuring that energy supply meets the increasing demand from facilities like data centers, industrial plants, and other large-scale operations. It is important to distinguish Offtake Capacity from Available Transfer Capacity (ATC)  which indicates the amount of power that can be processed through the electric grid. Understanding offtake capacity is essential for several reasons, especially in the context of surging data center development. It helps prevent grid overload, ensures a reliable energy supply, and supports the strategic planning of new projects. For energy developers and utility companies, knowing the offtake capacity can streamline site selection processes, leading to more efficient and cost-effective implementations of data centers that are increasingly reliant on robust energy sources to meet the high demands of AI technologies. Moreover, the existing grid infrastructure must be examined critically when evaluating power needs. Developers must assess how effectively the local power grid can support the data center's operations. This includes evaluating the distance to substations, the strength of transmission lines, and the dependability of the local power grid. Spending time to understand these aspects can help prevent costly upgrades or unexpected disruptions, ensuring a smoother development process. LandGate provides subscribers with offtake capacity data for every substation across the US, making the data center site selection process easier and supporting the growth of the data center industry nationwide.

Over the last few years, the data center industry has expanded exponentially, increasing the impact that the digital economy has on our lives. In 2024, the market was valued at approximately $257 billion, and is expected to more than double by the end of the next ten years. As the backbone of the digital world, data centers require vast physical footprints, and enormous amounts of energy to support servers, cooling systems, full upward times, and low latency. While data centers continue to proliferate, factors such as affordable land, low power costs, and alternate energy supplies have become an increasingly strategic priority. These factors shape where and how data centers are developed, emerging  markets, and the overall influence that data centers have on the economy and the environment. LandGate stands out as a tool that helps navigate the market, identify low cost land, energy, renewables, and feasibility studies for the ‘perfect parcel of land’ to build on. Leveraging this data, LandGate is able to identify the top states for data center development that highlight low costs of land, power, and emerging renewable energy markets.  Iowa: The Heartland of Low-Cost, Green Data Centers Iowa stands out as a prime location for data center development due to its unique combination of low land costs, affordable electricity, and abundant access to renewable energy. The state offers some of the most competitively priced industrial land in the U.S., helping reduce upfront investment for large-scale facilities. As part of the MISO region, Iowa is able to leverage extremely low prices at 6.5 cents per kilowatt hour, making it one of the cheapest states for industrial power. Its electricity rates consistently rank among the lowest nationwide, with prices well below the national average, driven by a strong and stable energy grid. Moreover, Iowa is a national leader in renewable energy production—over 60% of its electricity comes from wind power, making it an ideal choice for companies prioritizing sustainability and carbon neutrality. According to LandGate’s data, Iowa has over 145 wind farms and over 60 solar farms responsible for the state’s power supply. Moreover, Iowa stands out as a state with relatively low land costs. After breaking a 5 year trend of increasing land prices, the state has stabilized in farm land value with real estate hovering at around $11,000/acre but going as low as $6000, depending on the county. While overall land appreciation is stable, the real estate values can prove to be advantageous for the building and development of data center projects. These advantages, combined with a central geographic location and business-friendly incentives, position Iowa as a strategic and cost-effective hub for data center operations. Iowa is a hot spot for data center development because it is a cost-effective and sustainable place to build data centers due to low energy costs, renewable energy, and affordable land. Iowa's Data Center Hub: Des Moines Oklahoma: Emerging Data Center Giant with Room to Grow Another noteworthy state that has an upcoming data center market for its share of similar benefits is Oklahoma. With an abundance of land available for hyperscale development , Oklahoma has seen a data center boom over the last two years, with a growing interest in the state’s abundance of land. With competitive electricity rates, Oklahoma provides power at 8.9 cents/kilowatt-hour, much lower than the national average. Additionally, multiple utilities within the state have begun leveraging lower rates during off-peak hours, allowing for time-of-use pricing. With this, ensuring downtime will be increasingly cost and energy effective. Moreover, the state is tapping into alternative energy to help supplement high demand within the region. Oklahoma's renewable energy sector, particularly wind power, has seen significant growth over the last two decades. With over 78 wind farms and 81 solar farms on LandGate’s platform, the state reports a larger potential of increasing capacity to support future data center development. Within the growth of hubs such as the MidAmerica Industrial Park, the data center market is expanding at significant rates, welcoming large hyperscale projects completely powered by renewable energy. Oklahoma presents compelling potential for data center development, due to its combination of economic advantages, infrastructure, and strategic location. Oklahoma's Data Center Hub: Oklahoma City Wyoming: The Hidden Gem for Data Center Expansion Another state that offers a variety of incentives for data center development is Wyoming. Land prices in Wyoming are among the most affordable in the United States, with an average price per acre of roughly $3,435 in 2024. In addition to this, Wyoming is making strides in renewable energy, particularly in wind power. The state's favorable conditions for wind energy have led to numerous projects, and companies like Microsoft are investing in wind energy to power their operations, demonstrating Wyoming's growing importance in the renewable energy sector. With north of 45 wind farms and over 40 solar farms, the state is increasingly adding renewable energy projects to support electrical and power generation. Wyoming's electricity rates are competitive, benefiting energy-intensive operations like data centers. As of January 2025, the average commercial electricity rate was approximately 9.07 cents per kilowatt-hour (kWh), which is lower than the national average. Utilities such as Rocky Mountain Power offer rates about 30% less per month than the national average, emphasizing their commitment to providing low-cost, reliable energy. With locations such as Cheyenne welcoming numerous hyperscale projects, the data center market within Wyoming is expanding greatly. With low costs, reliable energy, and numerous infrastructure benefits, the state stands out as a prime location for data center development. Land listed for lease for data center development on LandGate LandGate’s platform allows data center developers to run analytics on parcels of land to see land feasibility, existing site due diligence, and numerous other infrastructure data. LandGate also allows users to list their land for lease for data centers on LandApp's marketplace.

At LandGate, we work with a wide variety of clients—developers, investors, brokers—and over time, we've noticed some clear patterns in what sets the most successful users apart. It's not always about experience level or background. The users who get the most out of the platform are the ones who are engaged, curious, and proactive about how they use the tools available to them. One thing they all have in common is open communication. They stay in touch with our Client Success team—not just when something isn’t working, but throughout their journey. They ask questions, share feedback, and aren’t afraid to reach out when they’re exploring a new feature or need a second opinion. That back-and-forth helps us better understand their goals so we can support them in more meaningful ways. They also make it a point to stay current. LandGate is constantly evolving, with new data layers, features, and updates being released all the time. The users who take a few minutes to read release notes, attend a quick webinar, or talk to us about what’s new are often the ones who discover valuable tools early on and get ahead of the curve. Another thing they do well is invest time in learning the platform. Whether it's during onboarding or down the road, they explore features, test out workflows, and make use of our self-service resources to really understand what the software can do. They prioritize understanding the platform’s capabilities, actively engage with features, and reach out for support when they need it. That mindset of continuous learning makes a big difference. They also don’t try to fit a square peg into a round hole. The most successful clients work with us to tailor the platform to their specific workflows. Every use case is different—some are focused on finding development sites, others on valuing land for investment or setting up project pipelines. Instead of adjusting their work to fit the tool, they collaborate with us to shape the platform around their goals. And maybe most importantly, they use the platform consistently. They log in regularly, not just when there’s a project in front of them. That habit builds fluency over time—they start to recognize patterns, move faster, and make better decisions because the platform has become second nature. At the end of the day, success with LandGate isn’t about doing one big thing—it’s about doing a few small things consistently. Communicate often, stay informed, take time to learn, collaborate on workflows, and make the platform part of your regular routine. We’re here to support you every step of the way, and we love working with clients who want to get the most out of what we’ve built!

Renewable energy, often defined as energy derived from resources that are naturally replenished such as sunlight, wind, rain, tides, and geothermal heat, is of paramount importance in the United States and globally. It plays a crucial role in reducing greenhouse gas emissions, enhancing energy security, and fostering economic growth . While challenges exist, there are various software solutions and tools available to aid developers in their efforts. The importance of renewable energy is multifaceted. Firstly, it reduces our dependence on fossil fuels, which are finite and environmentally damaging. Renewable energy sources are clean, inexhaustible, and increasingly competitive. They help to clean the air, reduce pollution, and mitigate the impacts of climate change . Furthermore, since renewable energy is often produced locally, it is less affected by geopolitical crises or price spikes associated with energy imports. Progress has been made by green energy developers in the US but there is still much work to do. As of 2019 , renewable energy accounted for around 11% of total US energy generation and 17% of electricity generation. This indicates a shift away from fossil fuels, but also highlights the need for continued investment and policy support to increase the share of renewables in the country's energy mix. The Growth of Renewable Energy in the US Renewable energy has seen significant growth in the United States over the past decade. According to the Center for Climate and Energy Solutions, renewable energy sources have increased by a staggering 42 percent from 2010 to 2020, with an even more impressive increase of 90 percent since 2000. This growth has been driven by various factors and renewable developers, including government policies, technological advancements, and increasing public awareness of the environmental benefits of renewable energy. The fastest-growing sources of renewable energy are wind and solar power. As per the U.S. Energy Information Administration, combined wind and solar generation increased from 12% in 2021 to 14% in 2022 . Notably, wind power overtook hydroelectric power as the largest source of renewable electricity generation in 2019, accounting for 10.25% of the country's total electricity. This growth trend is expected to continue into the next few years as the largest renewable energy developers continue contributing to the progress. As reported by Deloitte , soaring demand and attractive long-term incentives are creating strong growth opportunities for the renewable energy industry heading into 2023. Furthermore, the International Energy Agency projects global renewable power capacity to grow by 2,400 gigawatts over the 2022-2027 period, an amount equivalent to the entire power capacity of the United States. The rise in renewable energy also aligns with the goals of many U.S. states to reduce greenhouse gas emissions and combat climate change. Many states have implemented Renewable Portfolio Standards (RPS), which require utilities to obtain a certain percentage of their power from renewable sources. These policies have been instrumental in driving the growth of renewable energy in the United States. Challenges in Renewable Energy Development Renewable energy development in the United States, while on an upward trajectory, is not without its challenges. Key among these are land acquisition, regulatory hurdles, and financial constraints, which can significantly impact the pace and scale of renewable energy projects. While these challenges can be daunting, finding a suitable renewable energy software solution can greatly ease the process for clean energy developers. Land acquisition is often a complex and time-consuming process for renewable energy development companies. It involves identifying suitable sites for renewable energy projects, negotiating with landowners, and obtaining necessary permits. The cost of land can also be a significant barrier, particularly in densely populated or highly desirable areas. Furthermore, the use of land for renewable energy projects often brings up concerns related to wildlife conservation, aesthetics, and land use conflicts, adding another layer of complexity to the acquisition process. Regulatory hurdles are another major challenge. While federal and state policies have generally been supportive of renewable energy, navigating the permitting and approval processes can be daunting. Each project must comply with a myriad of regulations at the federal, state, and local levels, which can vary widely based on location. Delays and uncertainties in obtaining necessary approvals can increase project costs and timelines, making them less attractive to investors and developers. Financial constraints further exacerbate these challenges. Despite falling costs of renewable energy technologies, the upfront capital required for such projects is still substantial. Accessing financing can be difficult, particularly for smaller developers or for novel technologies that are perceived as risky by investors. Additionally, while tax incentives and grants are available, they often come with conditions and complexities that can deter potential developers. These challenges, individually and collectively, can hinder the growth and development of renewable energy in the United States. They create uncertainties and risks that can discourage investment and slow down project implementation. Addressing these challenges effectively will require concerted efforts from policymakers, industry stakeholders, and investors alike. By doing so, we can create an enabling environment that facilitates the rapid expansion of renewable energy, bringing us closer to our sustainability goals. Tools and Software Aiding Renewable Energy Development The development of renewable energy projects involves a multitude of complex tasks, from site selection and land acquisition to financial modeling and regulatory compliance. To streamline these processes and overcome the challenges associated with them, developers are increasingly turning to advanced tools and renewables software platforms. LandGate is at the forefront of this technological revolution in renewable energy development. The LandGate platform offers a suite of tools, resources, and energy analytics designed to address the key challenges faced by developers in the United States. LandGate's proprietary software simplifies the process of land acquisition. It provides detailed data on land availability and suitability for renewable energy projects, taking into account factors such as topography, proximity to transmission lines, and local energy demand. This information allows developers to make informed decisions about where to locate their projects, saving time and reducing the risk of costly mistakes. In terms of regulatory compliance, LandGate's energy data analytics software offers a wealth of resources. It includes comprehensive databases of federal, state, and local regulations, along with guidelines for navigating the permitting and approval processes. This not only helps developers ensure their projects comply with all relevant laws and regulations, but also reduces the likelihood of delays and unexpected costs. Furthermore, LandGate provides tools for financial modeling and risk assessment . These include features for estimating project revenues, calculating return on investment, and assessing financial risks. By providing a clearer picture of the financial viability of a project, these tools can help developers secure financing and make their projects more attractive to investors. Looking Forward The growth and importance of renewable energy in the United States cannot be overstated. As we strive towards a more sustainable future, the development of renewable energy projects is critical. However, this sector faces several challenges, including land acquisition, regulatory hurdles, and financial constraints. Tools like LandGate play an instrumental role in overcoming these obstacles. By providing valuable data and insights, LandGate aids in site selection, regulatory compliance, and financial modeling, thus making renewable energy projects more viable and attractive to investors. As we look towards the future of renewable energy, embracing such innovative tools will be key. Therefore, whether you're a seasoned developer or just starting out in the field of renewable energy, there are solutions available to ease your renewable energy project development. Want to learn more? Book a demo with a member of LandGate’s dedicated energy markets team.

The future of renewable energy is a dynamic landscape, teeming with exciting prospects and groundbreaking innovations for the enterprising clean energy developer. As we stand on the precipice of 2024, the world of renewable energy is set to undergo significant transformations, driven by a multitude of emerging trends. Advanced photovoltaics, artificial intelligence, and big data are revamping the solar industry, while innovative advancements in battery technology are revolutionizing energy storage. The Rise of Renewable Energy The historical rise of renewable energy is a story of innovation, resilience, and an enduring commitment to a sustainable future. The journey began as far back as 200 BC with the advent of waterwheels. By the 1860s, the world had witnessed its first solar energy system , and by 1876, it was proven that sunlight could be converted into electricity. However, the real surge in renewable energy development coincided with the energy crises of the 1970s. This period sparked significant investments  in renewables from countries like the United States. Patterns of energy consumption began to shift, and the escalating costs of conventional energy sources played a major role in propelling the growth of renewables . Fast forward to today, and the growth of renewable energy continues to accelerate at an unprecedented rate. According to the International Energy Agency, renewables are set to account for almost 95% of the increase in global power capacity  through 2026, with solar photovoltaics (PV) alone providing more than half. As of 2020, renewables made up 19.8 percent of electricity generation globally, with hydro and wind making up the majority. This figure is expected to rise to 35 percent by 2030 . Moreover, the market share of solar and wind in global electricity generation grew at a compound average annual growth rate of 15% from 2015-2020 . This exponential growth underscores the increasing recognition of renewable energy's pivotal role in mitigating climate change, securing energy independence, and fostering economic growth. As we look ahead, the continued advancement and adoption of renewable energy technologies by renewable developers promise a greener, more sustainable future. Types of Renewable Energy Renewable energy is a wide and diverse field, encompassing various types each with its own unique characteristics, usage, and potential. Solar energy  is one of the most prominent forms of renewable energy. It involves harnessing the power of the sun to generate electricity. This can be achieved through solar photovoltaic (PV) technology, which converts sunlight directly into electricity, or concentrating solar power (CSP), which uses heat from the sun to drive an electric generator. As of 2023, solar energy accounts for about 3.4% of the electricity generated in the U.S., an increase from 2.8% in 2021 . The potential for solar energy is vast, as the amount of sunlight that reaches Earth each day is about 200,000 times  the world's total daily electric-generating capacity. Wind energy  is another key player in the renewable energy sector. It utilizes wind turbines to convert kinetic energy from the wind into mechanical energy, which is then transformed into electrical energy . In 2020, wind energy provided about 8.4% of total U.S. electricity generation , making it the largest renewable source in the country. The potential for wind energy is immense, particularly offshore where wind speeds are higher and more consistent. Hydroelectric power , often referred to as hydro, is the most mature and widely used form of renewable energy. It involves harnessing the energy from moving water to generate electricity. As of 2020 , hydro accounted for approximately 6.6% of total U.S. electricity generation and 38% of electricity generation from renewables. The potential for hydroelectric power varies globally, depending on geographical and climatic conditions. Geothermal energy  involves tapping into the Earth's internal heat to generate electricity and heat buildings. While it currently makes up a small percentage of the global power generation, it is viewed as a significant potential renewable energy source  due to its ability to provide base-load power. Bio-energy , or biofuel, is derived from organic materials such as plant and animal waste. It can be used to generate electricity, produce heat, and fuel vehicles. As of 2020, bioenergy accounted for about 4.5% of total U.S. electricity generation . The potential for bio-energy is substantial, particularly in regions with abundant biomass resources. Technological Innovations in Renewable Energy The renewable energy sector has seen remarkable advancements in recent years, with solar, wind, and hydro technologies leading the way in opportunities for renewable energy development companies. In the realm of solar energy , one of the most significant advancements has been in solar cell efficiency. Solar technology has achieved a 31.6% conversion rate , a significant leap from past figures. This improvement is largely due to the development of bifacial solar panels , which absorb sunlight from both sides, enhancing their energy production. Furthermore, an emerging class of solar energy technology, made with perovskite semiconductors, has passed the long-sought milestone of a 30-year lifetime . This not only enhances the longevity of solar panels but also increases their cost-effectiveness. Wind energy  too has seen its share of innovations. For example, the development of larger and more efficient wind turbines has significantly increased the amount of electricity that can be generated from wind. Additionally, advancements in offshore wind technology have opened up new possibilities for wind energy generation. The world's largest offshore wind farm, Hornsea 1  in the UK, can power over one million homes. Such large-scale projects underscore the potential of wind energy as a major contributor to global electricity supply. Hydroelectric power, although a mature technology, is also seeing some exciting developments. For instance, advancements in turbine technology have improved the efficiency and environmental impact of hydro plants. Micro-hydro systems, which generate power without the need for large dams, are becoming increasingly popular in remote communities. Furthermore, pumped storage hydropower, a type of grid energy storage, has gained attention as a method to balance supply and demand on the electric grid. These advancements highlight the rapid pace of innovation in the renewable energy sector. As technology continues to advance, renewable energy sources like solar, wind, and hydro are poised to play an increasingly important role in our energy landscape. Future Trends in Renewable Energy The future of renewable energy is looking increasingly bright, with several key trends shaping its trajectory. One way to summarize these emerging trends  is the 3 D's: Digitalization, Decarbonization, and Decentralization. Digitalization refers to the use of advanced technologies like AI, machine learning, renewables software, and IoT to optimize renewable energy systems. This could involve everything from predictive maintenance of wind turbines to smart grids that adapt to changes in renewable energy supply and demand. Decarbonization reflects a global shift away from fossil fuels towards low-carbon energy sources. The commitment of twenty-five utilities to either an 80% carbon reduction or an 80% share of clean generation  by 2030 underscores this trend. In addition, the rising cost of carbon, driven by policy measures and societal demand for climate action, could further accelerate the shift to renewables. Decentralization involves shifting away from large, centralized power plants to distributed energy resources like rooftop solar panels and local wind turbines. This not only reduces transmission losses but also increases resilience against power outages. Looking at specific renewable energy technologies, advanced photovoltaics (PV) are expected to play a significant role in the future of renewable energy. Innovations in PV technology are improving efficiency and reducing costs, making solar power increasingly competitive with traditional energy sources. Offshore wind energy is also set to increase its share, with larger and more efficient turbines being deployed in deeper waters. Meanwhile, green hydrogen, produced using renewable electricity to split water into hydrogen and oxygen, is expected to grow as a versatile energy carrier and storage medium. These trends collectively indicate a promising future for renewable energy, with increased deployment, technological advancements, and cost reductions all contributing to the sector's growth. As we move forward, renewable energy is poised to play an increasingly important role in global energy systems, driving progress towards a sustainable and low-carbon future. Challenges and Solutions for Renewable Energy Developers Renewable energy developers face numerous challenges, ranging from technological hurdles to policy obstacles. One of the most significant challenges is the intermittent and variable nature of renewable energy sources. Solar and wind power, for instance, depend on weather conditions, which can fluctuate widely. This creates difficulties in ensuring a reliable, constant supply of energy. The need for efficient, affordable, and reliable energy storage  also poses a challenge. While advancements have been made in battery technology, storing energy for use when renewable sources aren't available remains a significant issue. This is particularly relevant for solar energy, which can't be produced during night-time hours, and wind energy, which is dependent on wind availability. Reliance on novel technologies can also be a risk for renewable energy projects. New technologies often lack a track record of performance and could face unforeseen technical issues. This can make it difficult for projects to secure financing, as investors may perceive them as risky. In addition, the transition towards renewable energy involves a shift away from traditional energy infrastructure, which can be challenging. Existing grids may not be equipped to handle the variable output from renewable sources, and upgrading these grids can be costly. Policy hurdles also pose significant challenges. The development and deployment of renewable energy technologies often depend on supportive government policies and regulatory frameworks. Changes in these policies can therefore have a significant impact on the sector. Lastly, there is an urgent need for digital transformation in the renewable energy sector, and developers would be wise to utilize tools and software for renewable energy. Energy analytics software solutions  can help address some of the challenges faced by renewable energy developers, such as managing the intermittent nature of renewable power and optimizing grid integration.  Despite these challenges, the power and renewables sector continues to grow and evolve, driven by advancements in technology, efforts from the largest renewable energy developers, decreasing costs, and increasing recognition of the need to transition to a more sustainable energy system. To learn more about LandGate’s renewable energy software solution and energy data analytics software for green energy developers, click here  or book a demo  with our dedicated energy markets team.

The energy landscape in the United States today is at a pivotal point. Recent data indicates that the country's primary energy production is significantly reliant on natural gas (36%) and petroleum (28%), with renewable energy sources only accounting for approximately 12.7% . However, the U.S. Energy Information Administration  anticipates that wind and solar energy will spearhead the growth in U.S. power generation in the upcoming years. This shift towards renewable energy is not just an environmental imperative, but also an economic opportunity. A majority of Americans (67%) believe that the U.S. should prioritize developing alternative energy sources like wind, solar, and hydrogen. This public sentiment, coupled with the potential for renewable energy to mitigate the environmental impacts associated with traditional energy production, underscores the importance of diversifying our energy portfolio. In this article we will delve into the transformative potential of utility-scale solar development. As the United States stands as the world's  second-largest producer of energy , the transition towards renewable sources presents a significant opportunity for commercial businesses. Utility-scale solar development, which involves the generation of solar power on a large scale typically for the purpose of supplying energy into the grid, could be a game-changer. The article will explore the benefits of such investments, the current market scenario, and the future prospects of utility-scale solar development in the United States. The Rise of Solar Energy Solar energy in the United States has been on a steady rise, experiencing an average annual growth rate of 24%  over the last decade. As of 2024, the U.S. has increased its solar capacity from slightly over 40,000 MW in late 2016 to more than 135,000 MW , indicating a significant growth in renewable energy infrastructure. This growth is largely attributed to strong federal policies like the solar Investment Tax Credit  (Solar ITC). In 2022, the United States generated nearly 17% of its electricity from renewable sources , including solar, wind, and geothermal power. This was a substantial increase from just over 5% a few years prior. The U.S. Energy Information Administration (EIA) forecasts that by 2025, solar's total share of U.S. generation will rise to 7% , compared with its 4% share in the previous year. The EIA also projects that the percentage of U.S. electric capacity additions from solar will grow from 45%  in 2022. Utility-scale solar power refers to large-scale solar power plants that generate electricity that is fed into the grid. These systems are typically installed with a capacity of 1 megawatt (MW) or more and can span across multiple acres of land. Utility-scale solar power plants work by harnessing sunlight using an array of photovoltaic (PV) panels. These panels convert sunlight into direct current (DC) electricity. An inverter then transforms this DC electricity into alternating current (AC) electricity, which is compatible with the electrical grid. The generated electricity is then transmitted through the grid and distributed to consumers. The rise in solar energy and the potential of utility-scale solar power holds immense promise for the future of energy production in the United States. It not only provides a viable solution to the increasing demand for energy but also offers a sustainable and environmentally friendly alternative to traditional energy sources. Benefits of Investing in Utility-Scale Solar Developers Investing in utility-scale solar developers offers a myriad of benefits, both economically and environmentally. One of the most compelling reasons for commercial businesses to invest in this sector is the potential for significant return on investment (ROI). The cost of solar energy has been on a consistent decline, dropping by more than 70%  in the last decade. This, coupled with tax incentives and the increasing demand for clean energy, makes utility-scale solar a financially attractive investment. Utility-scale solar projects generate power at a lower cost  per kilowatt-hour compared to residential and commercial solar systems. They also have longer power purchase agreement (PPA)  contracts, typically lasting 20 years or more, which can provide stable and predictable returns over a long period. As the demand for renewable energy continues to rise, businesses that invest early in utility-scale solar development stand to gain a competitive edge. Beyond the financial returns, investing in utility-scale solar developers also contributes to environmental sustainability. Solar energy is a clean, renewable source of power that doesn't emit harmful greenhouse gases. By investing in solar energy, businesses can significantly reduce their carbon footprint and contribute to the global effort to mitigate climate change. This transition towards renewable energy aligns with the United Nations' Sustainable Development Goals , particularly Goal 7: Affordable and Clean Energy. Moreover, investments in renewable energy can boost a company's public image and demonstrate corporate social responsibility. Many consumers today prefer businesses that prioritize sustainability and are willing to pay more for products and services from such companies. By investing in utility-scale solar developers, businesses can showcase their commitment to sustainability and attract environmentally conscious consumers. Challenges Faced by Commercial Businesses and Solar Developers Despite the numerous advantages of solar energy, commercial businesses and solar developers face several challenges in utility-scale solar development. One of the primary hurdles is the high initial investment costs. Constructing a utility-scale solar power plant requires significant capital expenditure. Although the cost of solar panels has decreased considerably over the years, the total costs, including installation, connection to the grid, land acquisition, and other related expenses, can still be substantial. Land acquisition and zoning issues also pose significant challenges for utility-scale solar development. Finding suitable land  that gets enough sunlight, is relatively flat, and is close to transmission lines can be a daunting task. Moreover, the process of obtaining necessary permits and approvals can be time-consuming and complex, with requirements varying significantly from one jurisdiction to another. Zoning laws may also restrict where solar farms can be built, and there may be resistance from local communities due to concerns about aesthetics or impact on property values. Technical challenges also exist. While solar technology has advanced significantly over the years, issues related to energy storage and grid integration remain. Solar power is intermittent, meaning it's not always available when demand is high. This requires efficient energy storage solutions, which are still evolving and can be expensive. Additionally, integrating large amounts of solar power into the grid can be complex, requiring updates to infrastructure and potentially leading to stability issues. Despite these challenges, the potential of utility-scale solar development remains significant. As technology continues to improve and costs decrease, many of these obstacles may become less daunting. Continued policy support, geo mapping software, and innovative financing models can also help overcome these barriers and pave the way for a more sustainable energy future. How LandGate Can Help LandGate is a leading provider of data solutions for energy  and real estate industries, offering a suite of tools specifically designed to help solar developers and investors navigate the complex landscape of utility-scale solar development. These tools can play a crucial role in overcoming the challenges that both investors and developers face, including determining the best sites and best states for solar farms. One of LandGate's key offerings is its comprehensive land and lease valuation tool. This platform allows users to accurately assess the value of land and leases for solar development, taking into account factors such as local market conditions, zoning regulations, and access to transmission lines. This can significantly reduce the risk associated with land acquisition and help ensure that projects are financially viable for the enterprising land investor. LandGate also offers a proprietary mapping tool that helps identify potential sites for solar development. This tool uses advanced geospatial analytics to identify areas with optimal sunlight exposure, proximity to transmission lines, and suitable terrain. This can greatly streamline the site selection process and help overcome the challenge of finding suitable land for development. In addition, LandGate's tools provide detailed analysis of local zoning laws and permitting requirements, helping developers navigate the often complex regulatory landscape. By providing clear, accurate information about these requirements, LandGate's tools can help expedite the commercial solar farm permitting process and reduce the risk of costly delays or legal issues. How do we use GIS to streamline and expedite the processes for solar power developers and investors? To learn more about how to access and use LandGate’s platform, book a demo  with a member of our dedicated energy markets team.

In the ever-evolving world of clean energy, making informed decisions is pivotal to ensuring long-term success and sustainability. This is especially true in the realm of solar investments where site selection and layout play a critical role in determining project quality, cost, performance, and community impacts.  When embarking on a solar project, the site selection can significantly influence the efficiency of power generation. Factors such as solar farm land requirements, geographical location, solar radiation, and economic performance indicators like net present value (NPV) are crucial to consider. A poorly chosen location can lead to decreased solar potential and a lower return on investment. But it's not just about picking the best locations for solar installations; the layout of the solar installation also carries weight. The design and positioning of access streets, building lots, and even covenants to protect solar investments can impact the overall performance of a solar project. Moreover, the industry is now leveraging advanced software  and artificial intelligence to optimize site selection and design. This shift towards technology-driven decision-making further underscores the importance of understanding the nuances of site selection and layout in solar investment. Understanding Solar Energy and Its Potential Solar energy, in its simplest form, is energy from the sun  that can be harnessed and converted into usable power. This process begins when sunlight hits the solar panels installed on rooftops or large-scale solar farms. These panels are made up of photovoltaic cells that absorb the sunlight. Inside these cells, there's a fascinating phenomenon taking place: the photons from the sunlight knock electrons free from their atoms, generating a flow of electricity. This is called the photovoltaic effect. Once this electricity is generated, it's either used immediately or stored in a battery for later use. Depending on the system setup, excess electricity can also be sent back to the grid, potentially earning the owner credit from the utility company. The entire process is clean, renewable, and sustainable, making solar energy a leading solution in the fight against climate change. The potential for solar energy is immense. According to the International Energy Agency (IEA), solar PV is set to be the fastest-growing renewable energy technology between now and 2040. In its World Energy Outlook 2021 , the IEA explains that solar energy has the potential to play a significant role in achieving net-zero emissions globally. The market for solar energy is burgeoning worldwide. Factors such as falling costs, increased efficiency, supportive government policies, and growing awareness of the need for sustainable energy solutions have contributed to this growth. By 2025, the global solar energy market is expected to reach $223.3 billion, growing at a compound annual growth rate (CAGR) of 20.5% from 2020 to 2025, according to a report  by MarketsandMarkets. Investing in solar energy not only contributes to a more sustainable future but also presents a significant economic opportunity. With the right understanding and strategic decisions, investors can tap into this lucrative and rapidly growing market, driving both environmental impact and financial returns. Locational Marginal Price (LMP) Factors for Solar Investors Locational Marginal Price (LMP) is a critical factor that solar farm investors must consider when sourcing the best places for solar energy. LMP, a term used in the electricity industry, refers to the cost of delivering an additional unit of energy to a specific location at a specific time. It varies based on demand, supply, and the capacity of the transmission network, and it can significantly impact the profitability of a solar project. For a solar farm, the energy produced is typically sold to the grid, and the price received for this energy is often based on the marginal unit. Higher LMPs mean higher revenue for the solar farm, making locations with consistently high LMPs more attractive to investors. Conversely, areas with lower LMPs might yield lower returns, potentially making them less viable for solar investment. However, it's important to note that LMP is not static ; it fluctuates throughout the day and across seasons, influenced by factors such as electricity demand, fuel prices, and weather conditions. For instance, during peak demand times like hot summer afternoons, LMPs can spike, leading to increased revenue for solar farms. On the other hand, during periods of low demand or high supply, LMPs can drop, reducing the revenue from energy sales. Furthermore, LMPs can also be affected by transmission constraints. If the existing transmission infrastructure is insufficient to carry all the generated power to areas of demand, it can lead to congestion, resulting in lower LMPs and potential revenue losses for solar farms. These challenges can be addressed using appropriate software for renewable energy development. Key Considerations for Solar Site Selection When considering a site for solar development, several key factors must be evaluated to ensure the project's success and profitability. Firstly, environmental considerations are paramount. The amount of sunlight a location receives is crucial, as it directly impacts the energy output of the solar panels. Understanding the local climate, seasonal changes, and potential for natural disasters also plays an essential role in assessing the feasibility and durability of a solar project. Secondly, understanding the regulatory framework is vital. The permitting process, zoning laws, and any local or national incentives for renewable energy can greatly impact both the timeline and profitability of a solar project. It's also important to consider any potential community impacts and ensure that the project aligns with local values and priorities. Infrastructure availability is another crucial factor. The proximity to existing power grids, transportation routes, available transfer capacity , and other necessary infrastructure can significantly influence the cost and practicality of a solar project. Lastly, the characteristics of the land itself should be analyzed. This includes the topography, soil type, and any existing vegetation. These factors can affect the installation process, the stability of the panels, and the overall performance of the solar farm. Tools like those offered by LandGate are utilized by some of the largest solar developers in the US and can help mitigate some of these challenges. LandGate provides a comprehensive platform that uses geospatial analytics to streamline the site selection process for solar projects. It offers data on solar irradiance, temperature, precipitation, wind, and more, allowing investors to assess the solar potential of different locations. Additionally, it provides land acquisition software and information on property ownership, land value, and local infrastructure, helping to navigate the logistical and financial aspects of site selection. By leveraging various tools and land developer software, investors and developers  alike can make more informed decisions and optimize their solar projects for maximum ROI. To learn more about LandGate's tools for solar developers and investors, book a demo with a member of our dedicated energy markets team.

Developing land for renewable energy is a process that involves an intricate blend of engineering, environmental due diligence, and strategic planning. As the world's dependency on fossil fuels continues to decrease, there is an increasing demand for renewable energy sources like commercial solar farms. This article aims to provide a comprehensive overview of how to develop land for renewable energy, and how to utilize various tools available to improve and expedite the development process. What is Land Development? Land development is the process of converting raw land into a more usable form. It involves altering the landscape to make it suitable for new construction or other uses. In the context of renewable energy, land development often means preparing sites for the installation of renewable energy systems like wind turbines or solar panels. Land development engineers play a crucial role in this process. A combination of civil, environmental, and electrical engineers all play a crucial role in the solar development process. They assess and design the site plan, oversee its construction, and ensure that the project complies with all relevant environmental, structural, and electrical regulations. To commence the process, developers first need to identify suitable lands for their renewable energy projects. LandGate's marketplace connects public landowners with energy developers and investors, facilitating the search for appropriate project sites . This feature significantly simplifies the site selection and assessment phase. The platform also offers solar energy data and analysis on potential solar sites, which can be incredibly beneficial during the planning stage. This data allows all users to easily evaluate a potential site’s suitability for solar development. Recent advancements to the LandGate platform include PowerCapital , a tool that enables energy and carbon professionals to run market-level economic studies in just a few minutes. This rapid analysis capability can greatly aid in the design and planning of renewable energy projects. Additionally, LandGate provides resources such as blogs and FAQs that are useful to solar developers. These resources can provide valuable insights and guidelines for engineers throughout the development process. Finally, LandGate provides information on solar farm leasing. As seen in states like Iowa , Illinois, and West Virginia, solar farm leasing is growing, presenting opportunities for landowners to earn a steady income. This information can help engineers and landowners make informed decisions about the feasibility and profitability of a proposed renewable energy project. How to Develop Land for Renewable Energy Step 1: Site Selection and Assessment The first step in developing land for renewable energy is site selection . This involves identifying a suitable location for your renewable energy project. Factors to consider include the site's size, its proximity to energy consumers, and its access to the grid. Once you've identified a potential site, you'll need to conduct an assessment to determine its suitability. This will involve evaluating the site's natural resources (like sunlight or wind), its geology and topography, and any potential environmental impacts. Landgate allows users to run full economic analysis on potential and active sites with default and custom input parameters. This feature can provide developers with valuable insights into the potential profitability of different sites. After site selection, a developer must then submit their application into the interconnection queue in order to gain access to interconnect into the electric grid. This is a process that can vary in length depending on location and available electrical capacity. The queue process encompasses the remaining three steps. Lastly, LandGate's platform also includes features that help developers understand and navigate challenges related to solar developmen t and analyze detailed reports on energy generation . Step 2: Environmental Due Diligence Carrying out environmental due diligence is a critical step in the land development process. This involves assessing the environmental risks associated with the site, determining the cost associated with the mitigation of said risks, and ensuring that the project will comply with all relevant environmental regulations. Environmental due diligence might involve conducting an Environmental Impact Assessment (EIA), carrying out soil and water tests, and consulting with local communities and stakeholders. Step 3: Design and Planning Once you've selected a site and conducted environmental due diligence, the next step is to design and plan your renewable energy project. This will involve deciding on the type and size of your renewable energy system (for example, a commercial solar farm), designing the layout of the site, and planning the construction process. Step 4: Construction and Installation After the design and planning stage, it's time to start building! This involves constructing any necessary infrastructure (like roads or buildings), installing the renewable energy system, and connecting it to the grid. Accessing Incentives to Develop Land for Renewable Energy Federal tax incentives are a key form of support for renewable energy development in the United States1. These incentives include the Renewable Electricity Production Tax Credit (PTC) and the Investment Tax Credit (ITC). The ITC, for instance, provides a 30% tax credit for solar, qualified fuel cells, waste energy recovery, and geothermal projects2. In addition to federal support, many states offer their own incentives. These may include tax credits, rebates, grants, and Renewable Energy Certificates (RECs). RECs represent the environmental attributes of renewable energy and can be sold or traded separately from the actual electricity, providing an additional income stream for renewable energy projects. Performance-based incentives provide direct cash support for energy efficiency and renewable energy projects. These incentives, which typically do not require repayment, can significantly reduce the upfront costs of renewable energy installations. Investment-based incentives like investment tax credits allow individual investors to offset the investment against their own personal tax liabilities. This can make investing in renewable energy more attractive, helping to draw in the capital needed to fund these projects. Moreover, there are also opportunities for public-private partnerships in renewable energy development. For example, the U.S. Department of Energy outlines several federal incentives for developing and investing in wind power, as well as resources for funding wind power projects. ____ Developing land for renewable energy is a complex process that requires careful planning and execution. However, with the right approach, it can be an extremely rewarding endeavor. By taking the time to understand what is involved in land development, carrying out thorough environmental due diligence, and working closely with experienced land development engineers, you can help to create a greener future for us all.

The first quarter of 2025 has been a pivotal period for the U.S. data center industry, with significant growth driven by the rise of artificial intelligence (AI) workloads, cloud computing, and the expansion of hyperscale infrastructure. As the demand for AI-driven services and cloud applications continues to surge, data centers are experiencing a substantial increase in energy consumption, with U.S. data centers projected to consume over 600 terawatt-hours (TWh) of electricity by 2030, up from 147 TWh in 2023, and estimated 200 TWh in 2025 Q1. This increase represents 11.7% of the total U.S. electricity demand, signaling the immense scale at which the sector is growing. As a result, developers are facing the challenge of meeting the escalating power needs of next-generation technologies while ensuring sustainable and reliable energy sources. With around $500 billion coming into the AI industry this quarter, data centers have seen monumental growth and surges in demand, leaving developers scouring for the perfect land to build their projects. Welcoming over 4 million jobs, and contributing over $700 billion to the US GDP, the data center industry continues to flourish, adding multiple hyperscale and colocation facilities to the map. Powering the Future of Data Centers The rise of AI workloads has particularly reshaped the requirements for data center infrastructure. Power demands for data centers are increasing rapidly, with traditional data centers requiring around 30-50 MW of power per site, while newer facilities are now expected to support 100 MW or more. This surge in demand has prompted developers to prioritize land in areas with reliable power supplies, strong connectivity, and scalable infrastructure. Sites near natural gas pipelines, nuclear plants, and renewable energy facilities are becoming increasingly attractive due to their ability to provide continuous, high-output energy that can support the round-the-clock operations required for AI and cloud computing. For instance, Microsoft’s $2.1 billion AI-focused data center in Phoenix is harnessing a combination of solar, nuclear, and natural gas power sources to meet its energy needs, demonstrating a growing trend of energy diversification within the sector. The data center industry has rippling effects on real estate, labor income, tax revenue, and labor income across the United States. Want to read more? Access the full report below:

The Solar Investment Tax Credit (ITC) is a crucial federal policy mechanism that supports the growth of solar energy in the United States. Introduced in 2006, this tax credit has significantly contributed to the exponential increase in solar installations across the country. But how can solar developers make the most out of this program? This post will delve into the specifics of the Solar ITC, 2025 updates to the program, and how LandGate helps developers streamline the solar development process. Understanding the Solar Investment Tax Credit (ITC) The Solar Investment Tax Credit (ITC) is a dollar-for-dollar reduction in federal income tax for anyone who purchases solar energy systems for residential or commercial use and was established by the Energy Policy Act of 2005 in response to the growing demand for renewable energy sources. Originally, the policy was set to expire in 2007, but it has been extended several times due to its success in promoting solar energy development. The ITC initially provided a tax credit of 30% for residential and commercial solar energy systems, effectively reducing the cost of solar installations. This federal policy mechanism has played a vital role in making the United States one of the largest solar markets globally, with an average annual growth rate of 50% over the last decade. Solar ITC Updates in 2025 Following the July 4 enactment of the “ One, Big Beautiful Bill ” (OBBB), many solar projects are expected to move quickly into construction to meet new deadlines, as the legislation ends certain solar tax credits early and imposes restrictions on content sourced from China. The early expiration of tax credits could have long-term impacts on the industry. To qualify for federal solar tax credits- including the 30% Investment Tax Credit (ITC) and the Production Tax Credit (PTC)- projects must begin construction this year or by July 2026. Previously, the 48E and 45Y credits were available until the U.S. achieved a 75% reduction in greenhouse gas emissions from 2022 levels. Under the OBBB, projects starting more than 12 months after enactment must be “placed in service” (reach commercial operations) by Dec. 31, 2027. Projects that begin construction within 12 months of enactment can still qualify for tax credits under “safe harbor” rules if a substantial portion of the project is built, allowing placement in service by mid-2030. Following a Trump-era executive order, the Treasury is expected to interpret safe harbor rules more strictly. Unlike solar and wind, grid-scale energy storage remains fully eligible for ITC and PTC under its original schedule. The 48E and 45Y credits will begin phasing out by 25% per year starting in 2032 and will expire completely on Dec. 31, 2035. This legislation fundamentally changes how, where, and whether new solar projects are developed, altering many rules previously established by the Inflation Reduction Act. However, it doesn’t signal the end of solar. Rather, it reshapes the landscape for renewable energy, U.S. electrical infrastructure, and commercial real estate. States with strong solar resources- high-quality sites, availability, supportive regulations- and robust local incentives are likely to lead, while states that depended heavily on the ITC or PTC to bridge financial gaps may see decreased activity. Solar Project Planning is Simplified with LandGate LandGate is a leading provider of valuation and analytics solutions for the land industry, and offers a suite of tools that can help solar developers streamline their due diligence and project development timelines with a unique competitive advantage. Land Valuation LandGate's proprietary model offers accurate, real-time market valuations of land via the Solar PowerVal tool . This helps developers make informed decisions when purchasing land for solar installations, which is a crucial factor in determining the overall cost of a project and the potential amount of the ITC solar credit. Lease Comparables Developers can assess the fair market value of land leases for solar projects. Understanding the cost of leasing land can help ensure the project remains financially viable after accounting for these costs, thereby optimizing the benefits of the ITC. Solar Potential Analysis This PowerData tool uses data from various sources, including local climate, topography, and solar irradiance, to estimate the solar energy production potential of a specific piece of land. By identifying the most profitable locations for solar installations, developers can maximize their return on investment.