A multi-billion dollar solar sheep rental industry is taking shape in Australia
Solar grazing isn’t a reality in Australia yet, but farmer-turned vegetation managers are pricking up their ears at the US-born concept.
But to make it work in Australia will require a few changes to the American model, which sees flocks rented out to solar farms to keep the grass down.
Sheep rentals to solar farms is now big, big business in the US. One market analyst suggested it is growing around 10 per cent every year and be worth $9.3 billion in 2031.
In fact, thanks to backing from Wall Street investors for solar vegetation management companies, solar grazing may be reversing a decades-long decline in the US sheep industry, according to Financial Times reporting.
https://reneweconomy.com.au/a-multi-billion-dollar-solar-sheep-rental-industry-is-taking-shape-in-australia/
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