Disclosure: As an Amazon Associate I earn from qualifying purchases. This page may contain affiliate links, which means I may receive a commission if you click a link and purchase something that I have recommended. There is no additional cost to you whatsoever.
French power large EDF have made an funding in agRE.tech, a pioneering startup within the Agrivoltaic sector
The firm has accomplished a pre-seed fundraising spherical, securing roughly $2 million USD for the event of a sophisticated robotic working system tailor-made for agrovoltaic fields.
The start-up agRE.tech is pioneering the event of superior robotics know-how and synthetic intelligence to be used in agriculture and local weather administration. This modern strategy addresses manpower challenges in agriculture, will increase productiveness, and helps the worldwide objectives of large-scale inexperienced power reminiscent of solar energy production throughout the identical agricultural areas.
This fundraising spherical noticed notable contributions from key gamers within the financial system, together with Zemach Mifalim (Zemach Regional Industries) and EDF. Zemach Mifalim, a co-initiator of agRE.tech, leads the way in which via the “Kinneret Innovation Center,” specializing in local weather and agriculture.
EDF, the French Energy large, brings its worldwide experience in power to the venture, furthering the imaginative and prescient of leveraging agricultural areas for inexperienced power manufacturing.
Over the previous 12 months, agRE.tech has been devoted to creating a sophisticated robotic working system tailor-made for agrivoltaic areas. This system, built-in into current photovoltaic infrastructure, makes use of synthetic intelligence to execute advanced agricultural duties autonomously, reminiscent of selective spraying, pruning, and harvesting. Additionally, it oversees the management and upkeep operations of the photo voltaic fields.
CEO and co-founder Elad Levy brings a wealth of expertise in robotics, having beforehand served as Founder & CEO of Roboteam, an organization with hundreds of robotic techniques deployed worldwide. Elad leads the group alongside Yaniv Marmur, a seasoned skilled in multidisciplinary techniques engineering, serving as CTO. The firm has filed a number of patents within the discipline and has already established a improvement discipline above a winery the place its robotic working system is operational.
The Agrivoltaics market, which mixes photo voltaic power manufacturing with agriculture, presents a $4 billion alternative. agRE.tech is poised to speed up and broaden this market to tens of billions of {dollars} with its groundbreaking know-how.
agRE.tech is at present within the superior levels of building the primary business fields with built-in robotic capabilities in each native and worldwide markets, together with Italy, the place a big funds of 1.7 billion euros has been allotted for grovoltaic initiatives.
“After over a decade in protection and civil robotics, we recognized local weather and agriculture as burgeoning fields the place we are able to contribute to world efforts addressing the local weather disaster and meals safety,” says Elad Levy, CEO of agRE.tech. “The convergence of those sectors presents immense potential for technological and enterprise innovation. It’s an amazing honor for us to have esteemed corporations like EDF and Zemach partnering with us to spearhead the robotic agrivoltaic sector and pave the way in which for a sustainable future for all”
EDF, with an put in capability of roughly 137GW and an put in photo voltaic capability of over 3,000MW, is a frontrunner in renewable and photo voltaic power. The firm invests closely in worldwide analysis and improvement within the agrivoltaic discipline, anticipating important development within the coming years.
Just not too long ago EDF invested in the The Dumat Al-Jandal wind farm with a capacity of 400MW, stands as a pioneering endeavor in Saudi Arabia’s renewable power panorama in an historic land. It’s Saudi Arabia’s first wind farm. At 400MW, it’s the largest wind farm within the Middle East, displacing virtually a million tonnes of CO2 yearly.
The wind farm is situated 900 kilometers north of Riyadh within the Al Jouf area of north-western Saudi Arabia. The venture is 51 per cent owned by EDF Renewables and 49 per cent by Masdar.
Developed by a consortium led by EDF Renewables (51%) and Masdar (49%), with the consumer being Saudi Aramco this venture not solely marks the dominion’s inaugural utility-scale wind energy initiative but in addition ranks among the many largest wind farms within the Middle East.
