The 12th Annual Mid-South Agricultural and Environmental Law Conference is set to shine a spotlight on an increasingly relevant topic in the agricultural sector: solar leasing. The event, co-hosted by the National Agricultural Law Center and the National Association of State Departments of Agriculture Foundation, will take place in Memphis, Tennessee, on June 5-6, with a livestream option available for those who cannot attend in person.
One of the standout sessions at this year’s conference will be “Solar Leases and Development in the Mid-South: Pointers and Pitfalls,” featuring Seth Hampton from Rose Law Firm and Will Veve from DESRI. This session aims to provide a comprehensive overview of the considerations and complexities involved in solar lease agreements, offering insights from both the landowner’s and developer’s perspectives.
Solar energy has been gaining traction in the agricultural community, with many farmers and landowners exploring the potential benefits of leasing their land for solar panel installations. However, the decision to enter into a solar lease agreement is not one to be taken lightly. There are numerous factors to consider, ranging from rental rates and property tax increases to insurance obligations and decommissioning responsibilities.
Seth Hampton, who has extensive experience in negotiating solar lease and purchase options, will delve into the intricacies that landowners should consider. He emphasizes that while the rental rates can be attractive, it is crucial to examine all aspects of the agreement, including the land included in the lease, crop damages, rights of third parties, and early termination rights. Hampton’s insights will be invaluable for landowners looking to make informed decisions about solar leases.
On the other hand, Will Veve will provide a developer’s perspective, highlighting the shared opportunities and challenges in these agreements. As DESRI develops, owns, and operates renewable energy projects across the United States, Veve’s expertise will offer a unique insight into the collaborative process necessary for successful solar development projects. He stresses the importance of open communication and collaboration from the outset to ensure that both landowners and developers achieve their goals.
The Mid-South Agricultural and Environmental Law Conference is an excellent opportunity for farmers, landowners, developers, and legal professionals to gain a deeper understanding of the legal and practical aspects of solar leasing. With the increasing demand for renewable energy, this session is particularly timely and relevant. Attendees can expect to leave with a clearer understanding of the potential benefits and pitfalls of solar leases, as well as practical tips for navigating these complex agreements.
Registration for the conference is now open, and interested parties can find more information, including the full agenda and registration details, on the National Agricultural Law Center’s website. Whether attending in person or via livestream, this conference promises to be a valuable event for anyone involved in or interested in the intersection of agriculture and renewable energy.