According to a report from GreenCape, a non-profit organization, the market for renewable energy in agriculture last year was worth up to 960 million South African Rand ($61 million at today’s rates) in South Africa alone. One in 10 South African solar installations were in the agricultural sector, said the report, and the market was expected to grow at 10 percent a year.
Frank Spencer, a board member at the South African Photovoltaic Industry Association (SAPVIA), said solar was seeing “exponential growth” in the agricultural sector.
See Could Agri-PV Be Africa’s Next Big Solar Market Trend?
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‘Exponential growth’ predicted for solar on farms, as growers seek cheaper, more reliable energy.