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Solar Powered Irrigation Systems
(combined with drip irrigation & other efficient irrigation technologies)
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description
Investments in irrigation modernization projects for the adoption of more efficient irrigation technologies such as solar powered irrigation systems which can be combined with drip irrigation and other efficient pressurized irrigation techniques
Expected Impact
This IOA will promote more efficient water consumption in agriculture and reduce agricultural production costs.
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
5% - 10% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
Irrigation Potential Number of farming households
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
This heavily depends on the scale of implementation: Whether it is the individual adoption of solar-powered irrigation techs or en-masse transformation in a cooperative etc
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.