Agrivoltaic sheep grazing models in Ontario have been found to outperform traditional farming, offering higher margins and dual revenue streams from livestock and solar site services. The co-location of sheep grazing and solar PV arrays, known as agrivoltaics, provides a robust solution to the tightening profit margins of modern agriculture. Research by Western University indicates that these integrated business models offer a hedge against market volatility, with performance metrics consistently exceeding the broader agricultural industry's average EBITDA margin. The study explores two operational strategies – a year-round "Breeding Model" and a seasonal "Auction Model" – both of which show high financial stability and return on investment. The dual-revenue nature of the business, vegetation management fees from solar asset owners, and the technical superiority of sheep for vegetation control under solar panels contribute to the economic and environmental benefits of agrivoltaic systems. This approach could also help address trade imbalances in the meat industry, boost the rural economy by $170 million, create specialized agricultural jobs, enhance local food security, and preserve farmland while ensuring the financial resilience of family farms in the long term.
https://www.pv-magazine.com/2026/03/26/solar-sheep-grazing-delivers-margins-up-to-40-in-new-study/