LORENTZ has launched LORENTZ PS2-100 in order to give new level of quality and reliability. This small pumps run entirely on solar power and simply pumping water all day. With the help of this incredibly effective method, enough water could be pumped during the day and, if necessary, stored in a tank for usage at night.
Equatorial Power (EP) and InfraCo Africa, a member of the Private Infrastructure Development Group (PIDG), have signed a contract under which InfraCo Africa would invest about USD 2 million to expand Equatorial Power's cutting-edge mini-grid concept in the Democratic Republic of the Congo (DRC) and Rwanda.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5033
Published Date: Jun 14, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing demand for food, unavailability of electricity in remote area, and aims to reduce greenhouse gases,
The market size of solar powered irrigation system is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are LORENTZ, SunCulture, Grundfos, Wien Energie GmbH, CRI Pumps Private Limited, Aqua Solar Technology, InfraCo Africa, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, component, application, and by region.
The drip irrigation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
High price of installing solar powered irrigation system, not accessible in every situation, and requires regular maintenance are estimated to be the growth hindering factors for the market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.