subject: Getting Solar Projects Developed Under Renewables Obligation [print this page] If it was a couple of decades back that you considered getting one of the solar projects developed in order to earn risk free income, then you must realise that things have changed. The point is that sticking to the age-old Non-Fossil Fuel Obligation would most certainly be a daft notion as it has been long that it got replaced by Renewables Obligation (RO). Therefore, if you are thinking along the lines of generating electricity through solar power, you may have to ensure that the project gets developed in accordance with the requirements that are more or less specific to RO.
Of course, you won"t have to do anything on your own, so there is no need for going barmy; simply, approach a company and everything can be taken care of. For finding a company, you can use typical phrases such as "Renewable Obligation solar", "Solar projects ROC" as your keywords. And once you"ve found a suitable company, you can laugh all the way to the bank, provided the company knows how to go about it. The bottom line is that unless you want to drop a clanger, it is advisable that you only approach a company that"s au fait with the acquisition of land, and also knows how to go ahead with the development process.
In other words, as the times have changed, you now have to ensure that the company can develop the projects under Renewables Obligation. In fact, to be on a safer side, before you bite your arm off, you should also find out if the company knows all about Feed in tariff or not. Even better, if the company has shown exceptional diligence in the past in handling the technical and planning aspects of projects developed under ROC and FIT, then you have found the right option.
It is undeniable that the Feed in tariff review may make you a bit skeptical about whether or not you"d be able to collect thousands of nuggets with the help of a solar project, but rest assured with the right company by your side, getting excellent returns on whatever you invest should not be a big deal. In fact, even if you refer to the current tariffs, you are likely to find out that your land may not be big, but you can still think about getting risk free income if the company is desirous of working with you. Of course, development under RO also calls for planning, construction, and service, and therefore, the company should be au fait with all.
