Grundfos Holding A/S, a Danish company, has announced plans to enhance its presence in the Philippines by introducing solar-powered solutions to aid the agricultural sector
According to a BusinessWorld report, Rick Holland, the head of Grundfos Asia Pacific Water Utility Business, believes that solar energy has the potential to tackle agricultural challenges the country is facing.
Holland stated that there has been a considerable rise in demand for solar energy applications in agriculture, including solar-powered pumping systems, greenhouse heating, remote electricity supply, and solar-powered cooling systems.
He added that the agriculture industry requires reliable, affordable, and sustainable solutions to meet the growing demand while boosting climate resilience in food systems. Grundfos stated that using climate-smart farming technologies can encourage the efficient utilisation of resources.
The country aims to increase renewable energy's strength in its energy mix to 35% by 2030 and 50% by 2040, as coal power plants accounted for the majority of the electricity mix (57.5%), and renewable energy only made up 23.4%.
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