Driving Growth and Transformation in Agriculture Technology
Solar Growing into World's Leading Generation Source
C+
~$125M $500M
2022 Sales1
2027E Sales Target
Growth Drivers
Solar generation installed power capacity to surpass coal by 2027,
becoming largest generating source in the world2
Distributed solar generation is set for faster growth as a result of
higher electricity demand, prices, and reduced grid reliability2
Corporations increase renewable energy commitments; average
RE100 member achieving 100% renewable by 20313
Countries focused on energy security and climate mitigations
New energy policy to support energy transition
$370B Inflation Reduction Act (IRA)
$250B REPowerEU
1 Includes intersegment sales.
2 IEA Renewables 2022 Analysis and Forecast to 2027 Revised January 2023
3 RE100 Annual Disclosure Report 2022 January 2023
CONSERVING RESOURCES. IMPROVING LIFE. Valmont
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