Renewable Land acquires 435 acres in Ohio for major solar project

Renewable Land has finalized the acquisition of 435 acres in Ohio, currently leased to a solar farm operated by EDP Renewables, to supply energy to Amazon as part of its data center initiative.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Renewable Land, an investment company specializing in energy projects, has just completed a transaction to acquire 435 acres located in Putnam County, Ohio.
The land is currently leased to Blue Harvest Solar Park, a 50-megawatt solar installation operated by EDP Renewables.
The park supplies part of the electricity needed by Amazon’s infrastructure, including its AWS data centers and U.S. offices.
The project is part of a wider drive by the technology company to power all its activities with renewable energy.
It also underlines the growing importance of strategic land acquisitions in the renewable energy sector, where the need for suitable land for large-scale solar or wind farms is rising sharply.
This acquisition reinforces Renewable Land’s strategy of focusing on long-term, stable energy projects.

The challenges of land acquisition for solar energy

In the current context of energy transition, demand for sites suitable for solar or wind power projects continues to grow.
The acquisition of land by companies such as Renewable Land reflects this dynamic, and is part of a strategy aimed at guaranteeing a stable, long-term return on investment.
The nature of these contracts, which are often long-term, enables investors to secure income while participating in the expansion of renewable energies.
The Blue Harvest solar farm is a typical example of this new energy economy.
By directly powering Amazon’s infrastructure, this project embodies the commitment of major corporations to decarbonizing (reducing CO2 emissions) their activities.
Demand for sustainable energy sources continues to grow, and partnerships between private players like Amazon and specialist energy companies such as EDP Renewables demonstrate the importance of such collaborations in the development of a modern energy infrastructure.

Amazon and renewable energy: a strategic partnership

Amazon, through its commitment to carbon neutrality, plays a crucial role in the demand for green electricity.
By sourcing from solar farms such as Blue Harvest, the company ensures business continuity while meeting its environmental objectives, without compromising the performance or stability of its operations.
Amazon’s strategy of powering all its infrastructure with renewable energy by 2025 directly benefits energy operators like EDP Renewables.
The latter currently manages a wide range of solar and wind projects around the world, and the Blue Harvest facility in Ohio joins a growing list of sites supplying energy to major corporations.
The revenues generated by green electricity supply contracts ensure the viability of solar projects, while supporting the growth of the infrastructure required for the energy transition of technology giants.

Renewable Land: a long-term strategy

As a purchaser of land for renewable energy projects, Renewable Land takes a cautious, calculated approach.
Rather than focusing solely on immediate profitability, the company strives to develop a land portfolio that supports diversified energy projects.
With long-term leases, such as the one signed with EDP Renewables, Renewable Land secures stable revenues over several decades.
This strategy also meets the expectations of investors, who are looking for both financial returns and a positive impact on the renewable energy sector.
The acquisition of land for solar or wind power projects is thus becoming a pillar of profitability in the sector.
Companies specializing in this field benefit from the growing demand for energy infrastructure, while actively participating in the global energy transition.
These acquisitions help to secure the energy supply of major groups, while strengthening the position of investors in the energy landscape.

Prospects and challenges for solar projects

The market for renewable energies, particularly solar farms, continues to grow rapidly in the United States.
However, challenges remain.
The main obstacle remains the availability of suitable land for large-scale installations.
In addition, the often complex regulatory framework requires energy companies to navigate through a multitude of local, state and federal rules before they can begin operating projects.
Despite these constraints, investment in the solar sector continues unabated.
The desire of major corporations to diversify their energy sources and minimize their carbon footprint is driving continued demand for these infrastructures.
Market players such as Renewable Land and EDP Renewables are well positioned to meet this growing demand, developing viable projects and guaranteeing stable supplies for corporate customers.

Aura Power has finalised financing for its fourth UK solar plant in twelve months, backed by Rabobank, bringing its under-construction capacity to 242 MWp across the country.
The Tützpatz solar project, developed by Vattenfall and powered by GCL System Integration, combines energy production and agricultural use across 93 hectares without public funding.
Ascent Solar Technologies has delivered samples of its flexible photovoltaic technology to two companies for testing in extreme environments, at sea and in space.
Geronimo Power has started construction of the Bee Hollow solar project, valued at $54mn, in St. Clair County, delivering jobs, tax revenue and a partnership with the IMEA municipal agency.
The British government has approved Tillbridge Solar Farm, a 500-MW solar power plant with 2,310 MWh of energy storage, developed by Tribus Clean Energy and Recurrent Energy.
wpd solar France has launched construction of a 140.6MWc photovoltaic park in Marcy, in the Nièvre department, integrating agricultural co-activity across 632 hectares in partnership with five local farms.
Independent energy producer CVE has inaugurated a 12 MWc solar farm on municipal land in Volx, generating 19 GWh annually and an estimated €5mn in economic returns over 30 years.
GreenYellow strengthens its presence in the French overseas territories with the acquisition of 18 rooftop photovoltaic installations in Réunion, totalling 3.1 MWc in capacity, as part of a strategy to consolidate its decentralised energy assets.
The rapid rise of agri-voltaic projects in France raises concerns over agricultural impact, land speculation and the economic viability of a still-emerging model.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
Chinese manufacturer JA Solar has started initial deliveries of its 650W n-type DeepBlue 5.0 module from its automated production site in Yangzhou.
Melvan is issuing local bonds to co-finance two photovoltaic projects in Avignon and Sault, aiming to supplement a total budget of EUR5.5mn ($5.82mn).
The 50 MW Kong solar power plant marks a new step in Côte d’Ivoire’s national grid expansion, with CFA37bn ($60.5mn) in funding and commissioning set for early 2027.
EDP will accelerate two major solar projects in Australia after securing government-backed contracts under the Capacity Investment Scheme.
Westbrooke Real et son partenaire CVE South Africa ont racheté un portefeuille solaire couvrant 91 stations Shell en Afrique du Sud, marquant un transfert d’actifs majeur dans le secteur énergétique local.
The commissioning of the 195 MW Springbok plant introduces the continent’s first utility-scale multi-buyer model, reinforcing the growth of power wheeling in South Africa.
The consortium led by Engie and Masdar has been selected to develop a 1.5 GW photovoltaic plant in Abu Dhabi, aimed at expanding the emirate’s solar capacity under its long-term energy strategy.
T1 Energy invests in private solar cell manufacturer Talon PV to support industrial expansion of the U.S. solar sector and address rising grid demand.
The European Bank for Reconstruction and Development is reviewing a loan for a 100 MW photovoltaic project led by Qair in Tunisia, backed by a long-term power purchase agreement with the national utility.
French independent producer CVE has commissioned an agrivoltaic pilot project in Haute-Loire, aiming to test solar panel integration on a cattle farm ahead of a future 12 MWc installation.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.