Dynamic 71.23% CAGR Charts Israel Agrivoltaic Market’s Future in 2024-30

The latest report by MarkNtel Advisors, titled “Israel Agrivoltaic Market Report By Placement (Standalone, Shading Nets, Greenhouse, Others (Solar Fence, Solar Window, etc.)), By Cell Type (Monocrystalline, Polycrystalline), By Crop Collaboration (Vegetables, Fruit, Crop, Others (Herbs, etc.)), By Type of Solar Panel (Opaque, Semi-Transparent, Transparent), By Power Output (Upto 10 KWh, 10.1 to 50 KWh, More Than 50 KWh), Others, and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Israel Agrivoltaic Market research report.

What is the market outlook for Israel Agrivoltaic?

Israel Agrivoltaic Market size is estimated to grow at a CAGR of around 71.23% during the forecast period, i.e., 2024–30.

For an in-depth analysis, you can request a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/israel-agrivoltaic-market.html

Major Companies Operating in the Israel Agrivoltaic Industry:

Enel Green Power, Engie, Teralight Solar Tech, SolarEdge, Sun Agri, Doral Energy, Trisolar, Trina Solar, Agri-light Energy System Ltd., BayWa r.e., and others.

Israel Agrivoltaic Market Report Segmentation:

By Placement

-Standalone

-Shading Nets

-Greenhouse

-Others (Solar Fence, Solar Window, etc.)

By Cell Type

-Monocrystalline

-Polycrystalline

• Based on cell type, Monocrystalline is a leading segment and is expected to hold the majority of the market share in the Israel Agrivoltaic Market during 2024-30.

By Crop Collaboration

-Vegetables

-Fruit

-Crop

-Others (Herbs, etc.)

By Type of Solar Panel

-Opaque

-Semi-Transparent

-Transparent

By Power Output

-Upto 10 KWh

-10.1 to 50 KWh

-More Than 50 KWh

Learn More About the Market Report – https://www.marknteladvisors.com/research-library/global-Israel Agrivoltaic-market.html                       

Regional Insights:

By Regions

-East

-West

Israel Agrivoltaic Market Driver: Increasing Government Investments for the Establishment of Agrivoltaics Driving the Market

Israel is facing one serious concern related to the production of food due to the inadequate availability of arable land and water scarcity in the country for agriculture practices. To fulfill the high demand for food production, agrivoltaics is emerging as a viable solution in Israel that includes innovating the agriculture method through the involvement of solar panels on the same land. This would help in the preservation of agricultural land through combinations of agricultural activities equipped with the production of energy plans, as well as further maximize the profits of the farmers and the operators.

Furthermore, the government of Israel is working on transitioning and scaling up solar deployment as a renewable source for the generation of electricity by around 30% by the year 2030. It involves initiatives towards investment in renewable energy sources for power generation in the power sector, agriculture sector, etc. Various investments have been laid down by the government of Israel towards agrivoltaics for the production of energy, in combination with the increase in agricultural activities. For instance,

In 2022, a tender was launched by the Minister of Agriculture and Rural Development and the Ministry of Energy of Israel for the deployment of 100MW of agrivoltaic power capacity in 100 different farmland locations in Israel.

Thus, rising investment in the agriculture sector by the government through the development and establishment of agrivoltaics in the lands of Israel uplifts the factors needed to overcome the challenges faced in the food and energy sectors of the country, and it is expected to accelerate the size of the Israel Agrivoltaics Market in the coming years.

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