Katie Brigham of CNBC reports on the growing field of agrivoltaics
- Agrivoltaics is a nascent but growing industry that combines solar arrays with farming and agriculture.
- Major oil producers like Shell and BP are backing agrivoltaic companies like Silicon Ranch and Lightsource BP.
- Agrivoltaics provide a win for clean energy production and a win for farmers by providing a steady paycheck for leasing land.
“Today, the U.S. has about five gigawatts of agrivoltaic projects, encompassing more than 35,000 acres across over 30 different states. While this only represents about 3% of the country’s installed solar capacity, it’s a growing industry, and farmers are taking note.”
Read the full article here.
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