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Solar Lease Payments and Royalties in Florence County, South Carolina

Quick answer

Buckhead Energy buys solar lease payments and solar royalties. Florence County, South Carolina has nine utility-scale solar plants of at least 1 MW, with 25 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 Florence County

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

PlantOnlineCapacity (MW AC)Mounting
Rankin Solar Center, LLC201910Tracking
Bani Solar20212Fixed tilt
Blacktip Solar20182Tracking
Goldenrod Solar20192Tracking
Sapphire Solar20182Tracking
South Solar20182Tracking
Whitehall Solar, LLC20242Tracking
Willis Solar20182Tracking
Otis Elevator Company Solar20181Fixed tilt

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 Florence 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 Florence County, South Carolina?

Florence County, South Carolina has nine utility-scale solar plants of at least 1 MW, with 25 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 Florence County?

The plants are Rankin Solar Center, LLC (2019, 10 MW AC), Bani Solar (2021, 2 MW AC), Blacktip Solar (2018, 2 MW AC), Goldenrod Solar (2019, 2 MW AC), Sapphire Solar (2018, 2 MW AC), South Solar (2018, 2 MW AC), Whitehall Solar, LLC (2024, 2 MW AC) and Willis Solar (2018, 2 MW AC), plus one more in the table above.[1]

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

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

Which nearby South Carolina counties also have utility-scale solar plants?

Nearby South Carolina counties with utility-scale solar plants include Williamsburg County (20 MW AC), Lee County (24 MW AC), Darlington County (35.3 MW AC), Horry County (56.6 MW AC) and Richland County (73.6 MW AC).[1]

Related pages

Solar Lease Payments and Royalties in South Carolina

Selling Solar Lease Payments and Solar Royalties

Solar Lease Payments and Royalties in Williamsburg County

Solar Lease Payments and Royalties in Lee County

Solar Lease Payments and Royalties in Darlington County

Solar Lease Payments and Royalties in Horry County

Solar Lease Payments and Royalties in Richland 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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