In this week’s episode of the Turning Profit podcast, Maddie and I discuss our transition from solar farm development to battery storage development due to recent legislative changes.
We explain the potential and lucrative opportunities in utility-scale battery storage, driven by significant government incentives and the growing need for renewable energy solutions.
We also share the business plan and operational focus of our company, Sunland America, and our strategy for acquiring suitable land for these projects.
If you want in on this once-in-a-generation investment opportunity, you don’t want to miss this.
Key Takeaways:
- Introduction to Battery Storage Growth (00:00)
- Pivoting to Battery Storage Development (00:57)
- Challenges with Solar Farm Development (02:22)
- Exploring Battery Storage Opportunities (07:48)
- Government Incentives and Tax Credits (10:22)
- Understanding Battery Storage Technology (13:54)
- Future of Battery Storage and Electric Cars (16:33)
- Fragmented Market and Battery Storage Demand (19:26)
- Early Stage Development and Land Control (20:00)
- Acquisition and Property Selection (21:46)
- Community Pushback and Property Footprint (23:09)
- Building a Pipeline and Company Valuation (25:30)
- Investment Opportunities and Financial Projections (32:12)
- Conclusion and Contact Information (34:57)
Additional Resources:
✨ Get all of our recommended tools and services at https://resources.landconquest.com
✨ Follow Pete on Instagram here: https://www.instagram.com/partnerwithpete
✨ Connect with Pete on LinkedIn here: https://www.linkedin.com/in/partnerwithpete/
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Turning Profit is a podcast for people who love real estate, brought to you by Pete and Heather Reese.
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