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Publication - Solar Water Pump Outlook 2019: Global Trends and Market Opportunities
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Title
Solar Water Pump Outlook 2019: Global Trends and Market Opportunities
Publisher
CLASPThis report was developed by Dalberg with support from the Efficiency for Access Coalition Secretariat.
Published in
October 2019
Abstract
The solar water pump industry is at an important inflection point, with technology increasingly well-adapted for small-scale users and prices on the decline. Declining costs in photovoltaic technology had led to irrigation products better tailored for smallholder farmers. While the upfront cost of a solar water pump remains high, potential fuel cost savings and income gains from high-value crops would allow some farmers to break even on their investment within 12-18 months.
This report offers insights on the solar water pump market in sub-Saharan Africa and South Asia like never before. Analysis underscores a growing business case for promotion and adoption—with an addressable market estimated at USD 15.6 billion—and identifies solutions to barriers preventing market scale.
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