Analytical study shows solar energy reduces costs in agriculture, highlighting economic benefits for farmers.
India is the fifth economic power in the world, and 20% of its GDP is contributed by the agriculture and allied sector. The agriculture sector entails various activities involving land preparation, irrigation, crop growth, harvesting, food processing, etc. for meeting the current agricultural energy demand in India. Renewable solar energy has come up as a prime energy source that can reduce the farmers dependency on the use of conventional energy sources. The economics of solar energy in agriculture are highly favorable reducing farmers energy costs (especially for irrigation) by replacing expensive diesel/ grid power cutting operational expenses with low maintenance and offering long term savings with panel lifespans of 25-30 years, while agrovoltaics combing solar with farming further boosts income by reducing water use, protecting crops, creating new revenue streams, and enhancing overall rural economic growth and sustainability.
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Rambhau et al. (2026) studied this question.
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