9-2) Characteristics of Land to Avoid at All Costs
English 한국어 Solar Investment A to Z Chapter 9. Know-how on Selecting the 'Location' In the solar power generation business, location determines more than 70 percent of the rate of return. Many investors look for land with a cheap purchase price, but this is a very dangerous approach. There is always a reason why land prices are low, and many of them have fatal flaws that make solar power generation permits impossible or require excessive construction costs. I will explain in detail the characteristics of land that you, as investors, must 'absolutely' avoid during the site selection process. 1. Local Government Separation Distance Bylaws The first thing to check and avoid is the local government's development activity permit guidelines. Most basic local governments in the Republic of Korea operate separation distance bylaws restricting the installation of solar facilities within a certain distance from roads, residential...