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Solar Lease Payments and Royalties in Penobscot County, Maine

Quick answer

Buckhead Energy buys solar lease payments and solar royalties. Penobscot County, Maine has 13 utility-scale solar plants of at least 1 MW, with 54.9 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 Penobscot County

The plants came online between 2022 and 2024.[1] Eight of the 13 plants with a recorded mounting type use tracking systems that follow the sun, and five use fixed-tilt panels.[1]

PlantOnlineCapacity (MW AC)Mounting
Brewer (CSG)20245Fixed tilt
BWC Jimmie Pond20245Tracking
Dynamic Corinth (CSG)20225Tracking
Our Katahdin20245Fixed tilt
Dynamic - Enfield Hammett Road CSG20244.9Tracking
Dynamic - Glenburn Broadway One (CSG)20244.9Tracking
SP-231 Clifton20244.9Fixed tilt
Broadway Solar (CSG)20234.6Fixed tilt
Corkwood Solar (CSG)20234.6Fixed tilt
Dynamic - Exeter Solar CSG20244Tracking
ME Novel Lighthouse - Penobscot CSG20243Tracking
ME CDG 00420242Tracking
ME CDG 00520242Tracking

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 Penobscot County

The oldest utility-scale solar plant in the county came online in 2022.[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 Penobscot County, Maine?

Penobscot County, Maine has 13 utility-scale solar plants of at least 1 MW, with 54.9 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 Penobscot County?

The largest plants are Brewer (CSG) (2024, 5 MW AC), BWC Jimmie Pond (2024, 5 MW AC), Dynamic Corinth (CSG) (2022, 5 MW AC), Our Katahdin (2024, 5 MW AC), Dynamic - Enfield Hammett Road CSG (2024, 4.9 MW AC) and Dynamic - Glenburn Broadway One (CSG) (2024, 4.9 MW AC).[1] The next are SP-231 Clifton (2024, 4.9 MW AC) and Broadway Solar (CSG) (2023, 4.6 MW AC), plus five more in the table above.[1]

Can I sell solar lease payments or royalties in Penobscot 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 Penobscot County come online?

Of the plants with a recorded year, 13 came online in the 2020s.[1] Solar lease agreements can last 20 to 30 years.[2]

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

Nearby Maine counties with utility-scale solar plants include Piscataquis County (24.5 MW AC), Hancock County (23.8 MW AC), Somerset County (88.1 MW AC), Kennebec County (188 MW AC) and Franklin County (98.4 MW AC).[1]

Related pages

Solar Lease Payments and Royalties in Maine

Selling Solar Lease Payments and Solar Royalties

Wind Royalties and Lease Payments in Penobscot County

Solar Lease Payments and Royalties in Piscataquis County

Solar Lease Payments and Royalties in Hancock County

Solar Lease Payments and Royalties in Somerset County

Solar Lease Payments and Royalties in Kennebec County

Solar Lease Payments and Royalties in Franklin 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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