Dual-use farming occurs when elevated PV systems are installed on farmland where crops are cultivated, or where livestock grazes underneath. With about 14 GW of global capacity installed as of 2021, Agri-PV offers the means to drastically reduce electricity bills with clean, renewable energy while increasing crop yields and balancing competing land interests. Agri-PV, where both a PV installation and agricultural activities coexist on the same piece of land, is increasingly seen as a viable solution for sustainable land use, without being detrimental to crop yields or solar production. However, agrisolar can also be used for so much more. Rooftop installations on barns, sheds and other farm structures are used to generate free power for driving irrigation pumps and other critical systems or for selling to the local utility. GEA is listed in the German MDAX and the STOXX® Europe 600 Index and is also among the companies comprising the DAX 50 ESG and MSCI Global Sustainability and the Dow Jones Sustainability Europe Indices.Agriculture was one of the earliest industries to adopt solar photovoltaic (PV) energy. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: "Engineering for a better world". They contribute significantly to the reduction of CO2 emissions, plastic usage, and food waste. GEA plants, processes, components, and services enhance the efficiency and sustainability of production processes across the globe. With more than 18,000 employees working across five divisions and 62 countries, the group generated revenues of more than EUR 5.1 billion in fiscal year 2022. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components, and comprehensive services. GEA is one of the world's largest suppliers of systems and components to the food, beverage, and pharmaceutical industries.
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