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Solar Lease Payments and Royalties in Putnam County, Florida

Quick answer

Buckhead Energy buys solar lease payments and solar royalties. Putnam County, Florida has seven utility-scale solar plants of at least 1 MW, with 521.9 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).

Utility-scale solar plants in Putnam County

The plants came online between 2018 and 2024.[1] Five of the seven plants with a recorded mounting type use tracking systems that follow the sun, and two use fixed-tilt panels.[1]

PlantOnlineCapacity (MW AC)Mounting
Rice Creek202474.9Tracking
Coral Farms Solar Energy Center201874.5Fixed tilt
FPL Etonia Creek202274.5Tracking
Georges Lake202474.5Tracking
Horizon Solar Energy Center201874.5Fixed tilt
Tupelo Solar202474.5Tracking
Twin Lakes202074.5Tracking

Source: U.S. Large-Scale Solar Photovoltaic Database (USGS, LBNL), version 4.0, released April 14, 2026. Data compiled November 1, 2026.

What the data means for solar lease owners in Putnam County

The oldest utility-scale solar plant in the county came online in 2018.[1] Solar lease agreements can last 20 to 30 years.[2] The newest came online in 2024.[1] Federal guidance for farmers describes solar lease payments as typically structured as a fixed annual or monthly fee per acre, or as a percentage of the energy generated by the solar panels.[3] Rent during the operations period will likely include an inflation adjustment, which may be tied to a measure like the Consumer Price Index or set at a fixed rate.[4]

What you sell and what you keep

What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest. Solar rent is paid period by period, the operations period may last 20 years or more, and renewals are at the developer's option.[4] The land can be converted back to agricultural uses at the end of the installation's operational life.[3]

Educational information only — not legal, tax, or investment advice. The figures are public reference data, not a valuation or appraisal of any interest. Consult a qualified attorney, CPA, or landman about your specific situation.

Frequently asked questions

How many utility-scale solar plants are in Putnam County, Florida?

Putnam County, Florida has seven utility-scale solar plants of at least 1 MW, with 521.9 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).[1] Utility-scale power plants have at least one megawatt of electricity generation capacity.[5]

Which solar plants operate in Putnam County?

The plants are Rice Creek (2024, 74.9 MW AC), Coral Farms Solar Energy Center (2018, 74.5 MW AC), FPL Etonia Creek (2022, 74.5 MW AC), Georges Lake (2024, 74.5 MW AC), Horizon Solar Energy Center (2018, 74.5 MW AC), Tupelo Solar (2024, 74.5 MW AC) and Twin Lakes (2020, 74.5 MW AC).[1]

Can I sell solar lease payments or royalties in Putnam County?

Buckhead Energy buys solar lease payments and solar royalties. What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest.

When did solar plants in Putnam County come online?

Of the plants with a recorded year, two came online in the 2010s and five in the 2020s.[1] Solar lease agreements can last 20 to 30 years.[2]

Which nearby Florida counties also have utility-scale solar plants?

Nearby Florida counties with utility-scale solar plants include Clay County (223.5 MW AC), St. Johns County (74.5 MW AC), Alachua County (79.7 MW AC), Union County (74.5 MW AC) and Duval County (38.3 MW AC).[1]

Related pages

Solar Lease Payments and Royalties in Florida

Selling Solar Lease Payments and Solar Royalties

Mineral rights in Florida

Solar Lease Payments and Royalties in Clay County

Solar Lease Payments and Royalties in St. Johns County

Solar Lease Payments and Royalties in Alachua County

Solar Lease Payments and Royalties in Union County

Solar Lease Payments and Royalties in Duval County

Sources

[1] U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026) — U.S. Geological Survey and Lawrence Berkeley National Laboratory (accessed November 1, 2026)

[2] Solar Lease Considerations for Landowners — Texas A&M AgriLife Extension (accessed November 1, 2026)

[3] Farmer's Guide to Going Solar — U.S. Department of Energy (accessed November 1, 2026)

[4] Farmland Owner's Guide to Solar Leasing — Ohio State University Extension and the National Agricultural Law Center (accessed November 1, 2026)

[5] Solar explained: Where solar is found and used — U.S. Energy Information Administration (accessed November 1, 2026)

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