THE ECONOMICS OF AGRIVOLTAIC SYSTEMS: A MAPPING REVIEW

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Authors: Mohd Iqbal Mohd Noor, Izyan Hadirah, Amira Mas Ayu Amir Mustafa, Normah Abdul Latip, Muhammad Fuad Abdullah, Mohamad Pirdaus Yusoh
Cited by: 0
References: 59

Abstract

Agrivoltaic systems (AVS) combine solar PV technology with agriculture, offering a dual-use solution to land-use conflicts and energy needs. While environmental and technical benefits are well-studied, economic viability remains less explored. This review analyzes 53 peer-reviewed studies using metrics like ROI, CBR, and IRR. Results show fixed tilt and bifacial systems offer strong economic potential, while elevated and tracking systems often need policy support. Key challenges include high upfront costs, inconsistent profitability, and limited long-term financial data. Standardized metrics and deeper economic analyses are needed to support AVS adoption and policy development.

Fields of Study & Subjects

Photovoltaic Systems and Sustainability Solar Thermal and Photovoltaic Systems Photovoltaic System Optimization Techniques

Publication details

Journal / source
PLANNING MALAYSIA
Volume
24
Publication date
12 February 2026
Language
EN