Research: The Impact of Large-scale Solar Development on Farmland Values: Evidence from New York State

Large-scale solar energy projects compete for land with agriculture, potentially leading to undesired farmland loss and appreciation. The study authors looked at more than 12,000 parcel-level farmland transactions between (2007-2021) before and after 2015 when policies like the Shared Renewables Program (SRP) boosted the demand for land for large scale solar projects.