Agriculture
Centre reviews special financial incentives for agrivoltaics to boost farmer income
The central government is evaluating a dedicated subsidy scheme for agrivoltaics projects that combine farming and solar power on the same land, aiming to double farmers' earnings and promote green energy.
New financial incentives for agrivoltaics are under review by the central government, targeting the simultaneous use of agricultural land for crop cultivation and solar power generation. The scheme seeks to provide special subsidy assistance to farmers who adopt this dual‑use model, with the goal of significantly increasing their income while supporting the country’s renewable‑energy targets.
Agrivoltaics, which integrates solar panels with agricultural activities, promises to double farmer earnings by allowing them to sell electricity in addition to agricultural produce. The government’s proposed incentives are expected to cover a portion of the installation costs, making the technology more affordable for small and marginal farmers.
The initiative aligns with broader national objectives to expand green energy capacity and reduce dependence on fossil fuels. By encouraging the deployment of solar infrastructure on existing farmland, the programme aims to optimise land use without compromising food production.
Stakeholders, including farmer groups and renewable‑energy experts, have welcomed the move, citing its potential to create additional revenue streams and improve rural livelihoods. The final details of the subsidy framework are expected to be announced after the ongoing review process.
Agrivoltaics, which integrates solar panels with agricultural activities, promises to double farmer earnings by allowing them to sell electricity in addition to agricultural produce. The government’s proposed incentives are expected to cover a portion of the installation costs, making the technology more affordable for small and marginal farmers.
The initiative aligns with broader national objectives to expand green energy capacity and reduce dependence on fossil fuels. By encouraging the deployment of solar infrastructure on existing farmland, the programme aims to optimise land use without compromising food production.
Stakeholders, including farmer groups and renewable‑energy experts, have welcomed the move, citing its potential to create additional revenue streams and improve rural livelihoods. The final details of the subsidy framework are expected to be announced after the ongoing review process.