This study finds that solar-powered groundwater irrigation is a financially viable energy solution across most regions in southern Mali. However, the high initial investment cost of solar pumps will require innovative financing tools, such as asset-based finance, to increase smallholder farmers’ access to them. Moreover, the cost-effectiveness of solar pumps declines when diesel prices decline, enhancing the attractiveness of diesel pumps, which also have a lower initial capital outlay.
|International Food Policy Research Institute (IFPRI)|
|Xie, Hua; and Ringler, Claudia. 2023. Financial feasibility of developing solar groundwater irrigation in Mali. Feed the Future Innovation Lab for Small Scale Irrigation (FTF-ILSSI) Project Notes. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.136778|