As farmers continue to adapt and innovate in the face of changing agricultural landscapes and sustainability imperatives, diversification into renewable energy has emerged as a promising avenue.
Farmers who ventured into renewable energy diversification found it to be among the most lucrative activities, second only to leasing out buildings. The combination of solar energy and other renewable ventures, like power generation, contributed significantly, bolstering Farm Business Income by £14,300.
Diverse ventures, from anaerobic digestion plants to land leasing for battery and generator sites and the cultivation of crops for the biofuels market present new opportunities but also unique challenges and risks.
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