In 2019, SolarHarvest acquired Green Energy Solutions, a solar energy installer and developer based in San Diego, California. The acquisition expanded SolarHarvest's presence in the California solar market and strengthened its portfolio of solar energy solutions.
In 2023, SolarHarvest announced plans to acquire Clean Energy Systems, a solar energy installer and developer based in Phoenix, Arizona. The acquisition is expected to close in the first half of 2023 and will expand SolarHarvest's presence in the Arizona solar market.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5439
Published Date: Dec 01, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for agricultural sector is the major factor driving the market growth.
The market size of solar dryer is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.
The major players in the market SunDry Solutions Inc., SolarHarvest Technologies LLC, AgriSolar Systems International, GreenEnergy Drying Solutions Corporation, SunCrop Innovations Ltd., SolarAgro Tech Ventures, and others.
The agribusinesses segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.