Harvesting Sun and Soil: India's Agri-PV Future

Ashok Gulati (), Subhodeep Basu (), Bidisha Banerjee () and Laxmi Sharma ()
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Ashok Gulati: Indian Council for Research on International Economic Relations

Indian Council for Research on International Economic Relations (ICRIER) Report from Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India

Abstract: India's transition to clean energy is gaining momentum, but agriculture-despite being a major land and energy user-has yet to fully participate. Agri-PV, the co-location of solar panels and agriculture on the same land, offers dual income streams for farmers through crop cultivation and energy sales while optimizing land use. The report examines Agri-PV's evolution, business models, and scalability in India, including two in-depth case studies of farmer-owned PM-KUSUM plants (a 4.5 MW plant in Madhya Pradesh and a project in Rajasthan) that demonstrate economic feasibility alongside hurdles such as payment delays and regulatory fragmentation. It concludes that scaling Agri-PV requires flexible business models, clear policies, viable financing, and stronger inter-agency coordination.

Keywords: Agri-PV; solar energy; farmer income; PM-KUSUM; renewable energy; agrivoltaics; icrier (search for similar items in EconPapers)
Pages: 80 page
Date: 2026-06
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