ORLANDO, Fla. – NAI Realvest, which ranks as one of Central Florida’s largest, fully integrated commercial real estate companies, has launched an Energy Site Selection Team to assist alternative energy producers with locating suitable sites for solar, waste-to-energy, and biomass production facilities.
George Livingston, chairman at NAI Realvest, said alternative energy production is an increasingly important industry segment with exceptional growth potential.
“The solar market is changing,” Livingston said.
“While the U.S. Government subsidies have been removed, the cost of panels has declined dramatically and may continue to do so over the foreseeable future,” Livingston explained.
As solar technology advances and solar panel costs decline, the industry will compete head to head with fossil fuel producers on a cost basis, Livingston explained.
“Environmental concerns over coal and nuclear power will also increase demand for solar power, which is clean and renewable,” he said.
Increasing fuel costs will drive the overall cost to produce electricity higher, which makes solar more attractive.
“It is likely that ‘solar utilities’ will flourish in the coming years,” Livingston said.
But the biggest advantage is a secret.
“Solar power production requires a short time to permit, build and bring online, and life cycle maintenance is very low-cost,” Livingston said.
A solar farm can be permitted, constructed and brought online in a year or less, Livingston said.
For more information, contact
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
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