Meanwhile, North Carolina ranks No. 4 nationally in solar capacity, which is actually down a couple of spots from a few years ago. One study said almost $20 billion has been invested in solar in the state since 2007. The state now has 703 solar farms, up from 341 found in the 2017 study.
Still, solar developers are competing for agricultural land. For some farmers, leasing to a solar developer is more lucrative than growing crops – and more stable, the report says.
"Even at the low end of those lease payments, solar would pay better per acre than barley, oats, or hay production," the report says, citing the U.S. Department of Agriculture.
And one other key point from the research: When it comes to the loss of agricultural land, solar farms are far from the culprit. Farmers are far more likely to sell for development. About 78% comes from other land uses, especially low-density residential development. Unlike a solar farm, which has a lifespan of about 20 to 25 years, those are permanent changes in land use.
And some solar projects actually bring agriculture with them. Last year, I reported on the Montgomery Sheep Farm in Montgomery County, N.C., about 70 miles east of Charlotte. That's a lamb-and-solar business combination, with sheep grazing under the solar panels. Other solar farms are restoring native vegetation and supporting pollinators such as bees and butterflies.
There's lots of interesting information in this report – worth a read if you're interested in solar.
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