Agrivoltaics

• The "Agrivoltaics Market - A Global and Regional Analysis: Focus on Product, Application, and Competitive Landscape, 2023-2033" report has been added to ResearchAndMarkets.com's offering.
• The global agrivoltaics market, which integrates solar energy production with agricultural practices, is poised for significant growth in the coming years.
• By embracing these strategies, companies can position themselves as leaders in sustainable energy solutions for agriculture, shaping the future of the global agrivoltaics market and meeting the evolving needs of farmers and energy consumers worldwide.
• Competitive Strategy: The key players in the global agrivoltaics market analyzed and profiled in the study include agrivoltaics projects.

• In 2022, America launched its mammoth Inflation Reduction Act and the CHIPS and Science Act.
• China, of course, moved first, and dominates the market for most clean energy products, from solar panels to wind turbines and batteries.
• For Australia, efforts to reshore manufacturing and stimulate new industries should focus on supporting and stimulating regions.
• If they becomes reality, these plans present a rare chance to make our regions into sustainable economic powerhouses.

Boosting the regions

• The developer could employ locals, and – if efforts to bring back manufacturing pay off – locally made components could be used wherever possible.
• This is why the proposed Future Made In Australia Act is a very real opportunity to deliver energy justice for our regions and rural communities.
• Queensland might be a first mover here by legally defining social license and requiring renewable energy developers to engage with communities.
• Read more:
  Made in America: how Biden's climate package is fuelling the global drive to net zero

Could Australian-made really work?

• There’s a low chance we will go directly head-to-head with green energy giants such as China.
• For instance, we’re already one of the world’s top per capita users of solar, and our food exports are highly regarded.
• Australia has world-leading solar photovoltaic expertise, which we could tap into to create custom-designed agrivoltaics solutions, co-designed with farmers.

• The timing is good – the World Economic Forum earlier this year called for better financing and development of these types of technologies.
• Like agrivoltaics, these kinds of inventions offer double benefits – cut carbon emissions, boost farm productivity.

We should use our comparative advantages

• But what is clear is it represents a real chance for our regional and rural communities to lead the energy transition.
• And we can do it while uplifting the regional and rural communities which will play home to this transition.

Madeline Taylor is a Clean Energy Council Chloe Munro Scholar, is a Fellow at the Climate Council, and is on the Board of REAlliance,

• The Amalia II solar with battery storage site is targeted for completion in the second quarter of 2025.
• The first phase, Amalia I, began commercial operations in May 2012 and provides 1.25 MW of solar power generation.
• The Amalia II facility will be the second largest solar facility in the almost 50 MW KCEC local solar power generation footprint.
• A unique aspect of the Amalia II renewable energy generation project was the coordination between KCEC and the Rio Costilla Cooperative Livestock Association (RCCLA).

• The Company plans to do this both individually as well as in partnership with like-minded industry players whose technologies and manufacturing processes complement Ascent’s own unique capabilities.
• “We’ve very optimistic about our recent technological breakthroughs and the increased research and commercialization opportunities that would come with the selection of our funding applications to these organizations,” said Paul Warley, CEO of Ascent Solar Technologies.
• “Further funding through programs such as the Office of Energy Efficiency & Renewable Energy FOA s and SBIR grants would allow greater opportunities for the Ascent team to advance our cutting edge technologies and drive revenue.
• Ascent is well positioned in 2024 to lead and partner in federally funded research to further advance and commercialize innovative solar technologies.