Seven in 10 farmers in the UK have now invested in renewables, according to research by investment service Investec Wealth & Investment.
According to the new research, farmers are using their land to generate clean energy, while also mitigating their environmental impact.
The research revealed that 68 per cent of respondents say that they have invested in biomass energy, followed by wind energy (51 per cent), solar energy (39 per cent), hydropower (23 per cent), and battery energy storage systems (14 per cent).
Only two per cent of UK farmers said they were not currently involved in any renewable energy operations.
But 90 per cent of UK farmers claim to have received approaches from third party organisations who want to purchase carbon credits to offset their own emissions.
Divisional director of southern offices at Investec Wealth & Investment, Scott Jones, said: “Our survey shows how renewable energy production aligns well with the ethos of many farmers who are prioritising environmental stewardship and sustainable land management.
“By integrating renewable energy projects into their operations, farmers can demonstrate their own commitment to reducing carbon emissions, protecting natural resources and preserving the rural landscape for future generations.
“Such projects also offer farmers a way to future-proof their operations against the impacts of climate change and volatile energy markets.”
