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amksenin@lemmy.world 2 weeks agoThere’s no natural disasters here but I’d have to have political connections and be rich if I wanted to do something like this without getting hurt in this country. I rather have less to lose and do something more modest
But out of curiosity, how would the investment numbers look like? They invest 1m on land and get 60% of the returns and I get 40% for the next 20 yeas for example?
CoffeeJunkie@lemmy.cafe 2 weeks ago
I have no idea personally, I’m just telling you what I observe. And from what I’ve observed, it’s not this stupidly simple operation that anyone can do & it’s “basically a money printing machine”, as others on here are telling you.
If it doesn’t make dollars, it doesn’t make sense. As a general rule. That solar farm has gone under & sold ownership twice in idk 7-8 years.
I am pro-solar panel, and I was anti-wind turbine because the old fiberglass blade turbines filled with oil were dumb. But as I understand that technology, too, is improving & idk we’ll have to see how the new ones perform. Seems to me doing these things on a more commercial scale where you’re selling it to the grid can get a little fucky. There are reasons why it’s slowly taking off. There are reasons why people build, then sell, then the buyers sell. It’s probably a tricky endeavor with its own challenges.