#Agrophotovoltaics: A Small Step Towards a Green Future.
Recently, I had the opportunity to work on agrophotovoltaics (APV), an innovative approach that combines agricultural practices with #solar power generation on the same land. This dual land use method increases renewable energy production while maintaining agricultural productivity. In this essay, I explore the financial feasibility of an APV setup for small-size farmers on a 3-acre plot and build a case for a more extensive setup on a 10-hectare farm.
Financial Feasibility for a 3-Acre Setup:
Initial Costs and Revenue:
The initial installation cost for an elevated APV system on 3 acres is substantial. The power generated from this setup is 1 MW, translating to significant annual revenue from power production. Additionally, crop production from moong and isabgol adds to the overall revenue. The break-even period for this investment is approximately 6 years.
Financial Feasibility for a 10-Hectare Setup:
Initial Costs and Revenue:
For a larger 10-hectare setup, the initial cost is higher, but the power generation capacity increases to 4 MW, resulting in higher annual revenue from power. Crop production also scales up, contributing to the total revenue. This larger setup achieves a quicker break-even period of around 5 years.
Conclusion:
The financial feasibility of an agrophotovoltaic setup demonstrates a promising return on investment for both small and large-scale implementations. A 3-acre setup has a break-even period of approximately 6 years, while a 10-hectare setup breaks even in about 5 years. This dual-use model enhances land efficiency, boosts #RenewableEnergy production, and maintains agricultural output, making it a viable path toward a #sustainable and #greenfuture.
Agrophotovoltaics holds significant potential for transforming the agricultural landscape, offering farmers an additional revenue stream and contributing to global renewable energy goals. The scalability of the model further underscores its viability and attractiveness as a sustainable agricultural practice. Detailed calculations will be provided in the attached document.
#sustainability #climate #solarpower #solarenergy #photovoltaic
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