The world's human population is expected to grow from seven billion to more than 10 billion over the next two to three generations, leading to a "full Earth" scenario.
"This increase in population, coupled with rising per capita income and associated change in consumption habits, will put unprecedented stress on food, energy and water resources," said Rakesh Agrawal, professor at Purdue University in the US.
He led a team which proposes a system that would use the entire solar spectrum to maximise resource production from a given land area.
The concept, described in the journal Scientific Reports, works by separating and harvesting the three specific segments of the solar spectrum that are best suited to facilitate the production of food, energy and clean water.
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In current practices, much of this spectrum is wasted because all of the sunlight falling on a given spot is used solely for one purpose, such as agriculture, energy production or water purification.
A typical photovoltaic panel, when installed on farmland, casts a shadow and dramatically reduces plant growth and crop yield from the shadowed area.
The proposed photovoltaic designs transmit photons responsible for plant growth while reflecting remaining photons in the solar spectrum to specially-designed solar cells to generate electricity and collect heat for energy recovery and water purification.
"The advantage of our proposed solution is clear," Agrawal said.
"With the three-way split, the entire spectrum is judiciously used for the production of food, energy and water resources," he said.
The proposed system could create solar-powered, self- sufficient communities - a major step towards full-Earth preparedness, Peter Bermel, an assistant professor at Purdue said.
"Implementing this approach across agricultural land areas could supply extra electricity to the power grid, as well as freshwater supplies to other areas in need, thus improving global resilience," he said.