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Solar Energy

Why Oil Giants Shell And BP Are Investing In U.S. Farmland | Business News | The Smoking Chair

Why Oil Giants Shell And BP Are Investing In U.S. Farmland

Through partnerships with solar energy developers, oil giants BP and Shell are investing in an emerging industry called agrivoltaics, which combines solar energy generation with agricultural activities such as sheep grazing, beekeeping and crop production. This multi-use land management strategy could help alleviate the tension between farmers and solar developers, two groups that often find themselves at odds when it comes to matters of land use.

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