Solar power is now the most popular investment for farmers diversifying and future-proofing their energy costs. Our policy briefing on solar PV has been updated again to reflect further developments in the deployment of both solar rooftops and solar farms.
Solar power systems continue to fall in capital cost, and in some circumstances may already offer a sound return on investment even in the absence of any renewable energy incentives. Over 6 gigawatts (GW) of solar electricity capacity has been installed across Britain since 2010, half of this in the agricultural sector, and the technology is expected to make a substantial contribution to national renewable energy goals.
The emergence of modular battery energy storage systems from 2015 onwards is expected to make solar PV even more competitive.
Download the NFU solar power briefing here