Innovating Works

SOLARFARM

Financiado
Green finance for sustainable farming in Europe
Photovoltaic systems for irrigation (PVI) can reduce the energy costs of agriculture by more than 75% while saving up to 30% of its water consumption. There are proven PVI technologies available but investments exceeding € 24 bn a... Photovoltaic systems for irrigation (PVI) can reduce the energy costs of agriculture by more than 75% while saving up to 30% of its water consumption. There are proven PVI technologies available but investments exceeding € 24 bn are required to install the systems on the European farms. Affordable capital can be obtained for PVI projects from institutional investors if they are packaged in suitable investment instruments like green bonds. We aim to provide the technological and financial solutions for PVI projects that allow them to be financed directly by institutional investor, reducing drastically the costs and uncertainty for farmers. The web-based solution is the result of in-house technological developments for PVI and a tailored business model including a set of standardized contracts, technical specifications and management protocols as well as the human resources and infrastructure that allow for the creation of pools of PVI ready to attract institutional investors. Importantly, by introducing the necessary standards and tracking the quality and performance of the assets with a specific methodology, we will ensure that the resulting investment instruments are in full compliance with the new requirements of the European Capital Market Union. Furthermore, the use of blockchain-based smart contracts has the potential to drastically reduce the costs and time required to assess and validate collateralized assets, creating a remarkable business opportunity for our companies ver más
31/12/2018
71K€
Duración del proyecto: 6 meses Fecha Inicio: 2018-06-11
Fecha Fin: 2018-12-31

Línea de financiación: concedida

El organismo H2020 notifico la concesión del proyecto el día 2018-12-31
Línea de financiación objetivo El proyecto se financió a través de la siguiente ayuda:
Presupuesto El presupuesto total del proyecto asciende a 71K€
Líder del proyecto
ELA INGENIERIA Y MEDIO AMBIENTE Servicios de ingenieria, agrarios, medioambientales, administrativos y forestales; diseno de material didactico; diseno, desarrollo e implan...
Perfil tecnológico TRL 7-8 61K