Sustainable Project Land
“By allocating more land to renewable energy production and sustainable crop production, we are able to help increase the sustainability value of some of the world’s key industries.”
As a company, we believe we have a duty to support the world’s transition towards a sustainable and renewable resource-based economy. This is why we are passionate about facilitating the growing allocation and development of non-productive land to hosting sustainable land-based projects. New solar farms, wind farms and sustainable agriculture projects enable us to use land in a responsible way that works towards producing the energy and food that we need to go about our daily lives. Through the generation of renewable and clean energy, we can meet our needs in a way that doesn’t pollute our air, harm our health, harm our environment – and done so in a sustainable way that doesn’t compromise the needs of future generations.
The goal of sustainable agriculture is to meet society’s food and textile needs in the present without compromising the ability of future generations to meet their own needs. Practitioners of sustainable agriculture seek to integrate three main objectives into their work: a healthy environment, economic profitability, and social and economic equality. Every person involved in the food system—growers, food processors, distributors, retailers, consumers, and waste managers—can play a role in ensuring a sustainable agricultural system.
By 2050, the world’s population is expected to be over nine billion people. To meet the growing food demand by 2050 and the expected dietary changes, global agriculture will need to produce 60 percent more food in the same period. At the same time, roughly one-third of food produced – 1.3 billion tonnes per year – is lost or wasted globally throughout the supply chain, with enormous financial and environmental costs.
A striking link exists between growth in agriculture and the eradication of hunger and poverty. Agriculture broadly understood – crop and livestock production, fisheries, and forestry – provides income, jobs, food and other goods and services for the majority of people now living in poverty. As a result, overall GDP growth originating in agriculture is, on average, at least twice as effective in reducing poverty as growth generated in non-agriculture sectors, and up to five times more effective than other sectors in resource poor low-income countries.
The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026. The growth of the solar energy market is being driven by a number of factors from an increase in environmental pollution, growing public and corporate awareness of climate change issues and the provision of government-led incentives & tax rebates are leading to a surge in solar installations. In addition to this, the decrease in water footprint that is associated with solar energy systems is fuelling the mainstream demand for solar energy in power generation sectors.
2018 was another historic year for the solar power sector. More solar PV capacities were installed globally than for any other power generation technology. In fact, solar alone saw more new capacity deployed than fossil fuels and nuclear combined. Solar even added nearly twice as much capacity as its renewables peer, wind power.
Global wind power capacity to grow by 60% over next 5 years. The Global Wind Energy Council forecasts that by 2023, the world will have added more than 300 GW of new solar capacity, driven by increasing energy demands from within emerging markets in Latin Southeast Asia, Africa, Latin America and the Middle East.
Onshore wind-generated electricity increased an estimated 12% in 2018, remaining the largest non-hydro renewable technology and generating more than all the others combined. Generation growth was slower than in 2017, however, following the lower global capacity expansion of 2015‑17 and the return to normal levels of wind generation in Europe after a windy 2017. Globally, onshore wind capacity additions increased by 7% to 44 GW in 2018.
Onshore wind is not fully on track to reach the levels envisioned in the Sustainable Development Scenario (SDS) and therefore needs improvement. Despite a modest recovery in recent years, onshore wind annual additions need to grow much more quickly. Reaching the SDS level by 2030 would require annual generation increases of 12%, while the IEA forecasts only 9% annually through 2023. To get on track with the SDS, yearly net capacity additions need to expand continuously from 47 GW in 2018 to 108 GW in 203