The majority of the £30m fund will be accessible via the second round of the Improving Farming Productivity Grant, part of the Farming Transformation Fund, providing grants of between £15,000 and £100,000 towards solar equipment which can be fitted on rooftops and float on irrigation reservoirs, helping increase energy resilience and take-up of renewable energy generation on farms.
The Environment Secretary Steve Barclay stated “Innovation and new technology have always been central to the progress of British farming, and Defra’s announcement will further support our farmers as they continue to face ever-increasing financial pressures.
“Investing in farming businesses is key; purchasing equipment and technology to increase productivity and improve animal health and welfare on farm and meeting environmental objectives such as the installation of solar panels, as part of our ambition to reach net zero by 2040.”
If you need any more information, email email@example.com, call 0115 958 6872 or fill in an enquiry form below.
The Bank of England has held interest rates at 5.25% for the fourth time in a row, but cuts are expected later in the year.
HMRC has issued new tax guidance which will result in double cab pick-ups being classified as company cars from July 1.
New research from Aldermore’s Green SME Index has revealed that 489,000 UK small and medium-sized businesses (“SMEs”) qualify as 'green'.
New figures released by the Finance & Leasing Association show total asset finance new business (primarily leasing and hire purchase) grew in November 2023 by 12%.
Some people in England, Wales and Northern Ireland are entitled to cold weather payments after prolonged periods of below-zero temperatures.
The Environment Secretary Steve Barclay has announced capital grants are being made available for farmers wishing to install solar equipment.