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Economic Efficiency of Climate Smart Agriculture Technology: Case of Agrophotovoltaics

In this article, researchers in Korea analyze the profitability of agrivoltaics and its implications for rural sustainability. The profitability of agrivoltaics is verified in all studied regions, and the order of profitability and productivity by region are opposite to each other. Researchers suggest that regions with lower productivity may have a higher preference for installing agrivoltaics, implying the installation of agrivoltaics provides a new incentive to continue farming even in regions with low agricultural productivity.