See solar in a whole new light.
Your land can do even more than you imagine — and TED Renewables can help make it happen. If you’re considering a solar land-lease with TED Renewables, we want you to be well informed and confident on every decision you make. Here are some key things to know.
Why consider solar?
Have more questions?
Development
3-5 years
Engineering, permitting, contracting and financing kick-off
Minimal site studies / surveys — no impact to current land use
Landowner payments begin
Construction
1-2 years
Low impact site prep and construction within the project area
Local construction jobs created
Landowner reimbursed for crop impact
Landowner rent begins
Operations
35-50 years
Periodic maintenance and remote monitoring
Discreet, quiet, emission-free power delivered to the grid
Community benefits from tax dollars
Landowner operations rent increases annually, offering steady, long-term income
Project timelines and phases can vary based on many factors. Specific plans are built for each project.
Who is TED Renewables?
TED Renewables brings multiple decades of success developing and operating power generation facilities across the US, including traditional and renewable power plants. We bring value through our creditworthy, committed parent and investment partners, coupled with experienced and disciplined focus on thoughtful development in our target markets.
Who is TYR Energy?
TED Renewables’ parent company is Tyr Energy, active in the development, financing and management of power generation assets in the United States. A financially strong and stable company with a 25-year history, you can rest assured your project is on strong financial footing.
“As a Central Louisiana landowner, I was interested in learning more about solar farms, since I had been contacted by several solar developers over the past three years. My initial concerns were three-fold; should I consider solar development as a substitute for sugarcane income, what effect would a solar farm have on future mineral leases and/or exploration, and what assurances would I be provided that my property would be returned to its original condition should the solar operation be terminated at any particular moment? After working with the Brandon Dageford, Director of Land Management for TED Renewables over a period of several months, all of my concerns were put to rest. Brandon addressed all of my issues, as well as those of the contiguous property owners. It was my conclusion that such a lease, even though no time frame was guaranteed, was still a win-win for the landowner.”
J. B. Luke Farm, Inc.
Bunkie, Louisiana
“I was raised in Nebraska and was taught by my family at a young age what it means to be a steward of the land. During my decade-plus in the energy industry, I’ve approached every project with a deep respect for the land I’m working with and the landowners who become our partners. When you work with TED Renewables, you can rest assured we’re uniquely able to navigate the complex landscape of land permitting, negotiating contracts and acquiring land rights. But just as important, you can feel confident we’ll work in your best interest to determine not just whether a project makes sense for us, but whether it’s the right choice for you, both financially and personally.”
We identify solar project locations based on specific criteria like proximity to transmission, land suitability and competitive power market dynamics. Then, we work with landowners to negotiate a mutually beneficial lease or option to purchase agreement, which will create long-term value for generations. Thoughtful due diligence means minimal impact to existing crop growing operations, ensuring responsible development practices for the highest probability of a successful utility-scale solar project.
The two most common types of buyers for solar energy are: 1) A nearby utility or electric cooperative, and 2) Commercial or industrial companies with regional power demand from their operations. The power generated at a solar facility helps support grid reliability in that area and creates clean energy supply for power users in your home state.
Solar projects produce very little noise. The primary pieces of equipment that produce noise are the inverters, which are spread throughout the project site, and the power transformer located at the project substation. Our projects are designed with significant buffers around the perimeter of the site and substation, and project noise is often inaudible from nearby homes or property boundaries.
Impacts to viewshed are project and site-specific. Solar arrays are most often less than fifteen feet tall when fully rotated and maintain an appropriate setback from nearby homes and public roads. TED projects are designed to preserve as much natural vegetation as possible that minimize unobstructed views of the project equipment. In some instances, additional vegetative buffers can be installed.
Solar panels are proven, safe technology and most modern solar panels are non-hazardous according to EPA toxicity testing procedures. Solar panels are more than 80% by weight made up of aluminum, glass, and steel, and all inner components are sealed by laminated glass back sheets. Solar panels produce no hazardous fumes, gases, or runoff, and meet strict international safety standards.
During the development process, thorough environmental and wildlife studies are conducted to ensure minimal impact on the natural ecosystem, including wildlife, wetland habitats, and plant species. Coordination with local, state, and federal agencies confirms these studies, and best efforts are made to plant native vegetation around the solar panels and fencing to support a healthier environment.
Any and all taxes assessed against project development, construction and operation are the responsibility of the project owner, including rollback taxes that may be incurred from agricultural use exemption changes. This is legally binding in TED lease agreements, and a solar lease should have zero financial liability for landowners.
At the end of the project’s operating life, the project facility is decommissioned, and the land is restored as closely as possible back to its original condition, at the sole cost of the project owner. TED lease agreements include multiple provisions that make it incumbent upon the project owner to ensure that landowners and local communities are not liable, and the ground can be returned to its original use.
At TED Renewables, honest, open communication and deep respect for the land you own and community you live and work in is what sets us apart. Let’s sit down and talk about what’s possible.
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Considering Solar?
Download our brochure for landowners for a quick overview of the benefits of solar and TED Renewables.
Mr. Venteicher is the Chief Executive Officer of Tyr Energy and is a member of its Board of Directors. He joined the company in 2003 shortly after it was founded. Prior to his appointment as CEO in 2017, Mr. Venteicher served as Chief Financial Officer with responsibility for sourcing and structuring capital for Tyr Energy’s electric generation investments; managing partner, lender and shareholder relationships; and oversight of financial reporting and treasury functions for Tyr Energy and its portfolio companies.
He was awarded an MBA in Finance from Indiana University and a BA in Economics and International Affairs from the University of Nebraska. Mr. Venteicher is a CFA Charterholder.
