Unleashing the potential of Agri-PV for cherry and apple production in Himachal Pradesh, India

Kartik Khera, Manfred Büchele, Felix Büchele and Daniel Alexandre Neuwald

No 344374, IAAE 2024 Conference, August 2-7, 2024, New Delhi, India from International Association of Agricultural Economists (IAAE)

Abstract: With the increasing global demand for renewable energy, the challenge is identifying sustainable solutions´ avoiding land use conflicts. This study explores the potential of agrophotovoltaic (APV) systems, integrating photovoltaics with fruit production to simultaneously address energy generation and food production challenges. Focusing on the fruit orchards in Himachal Pradesh, India, a modelling study demonstrates the economic viability of APV systems, with relatively fast Return on Investment (ROI) of 5.3 and 5.9 years for cherry and apple production, respectively. The APV model, combining solar PV and fruit farms, is designed for a 1-hectare area. The dual use structure optimizes sunlight exposure while facilitating traditional agricultural practices. The financial analysis reveals substantial profits from fruit production and energy sales, contributing to the economic sustainability of APV. The study emphasizes the potential for increased farmer income, enhanced grid reliability, and rural electrification. Considering the unique challenges Himachal Pradesh faces, including cultivating apples and cherries of inferior quality, the paper recommends adopting innovative approaches. By harnessing solar power through APV, farmers can improve fruit quality, increase revenue, and contribute to a more sustainable and widespread energy distribution. This study is a foundation for future experimental verification and broader implementation of APV systems in diverse agricultural landscapes.

Keywords: Community/Rural/Urban Development; Farm Management (search for similar items in EconPapers)
Pages: 17
Date: 2024-07-26
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cfcp15:344374

DOI: 10.22004/ag.econ.344374

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