– Unergy implements first agrivoltaic projects in Colombia
– Unergy’s mini-solar farms are small scale projects in Latin America
– Unergy’s mini-farms benefit agricultural activities and have social impact in rural communities
Unergy, a Latin American CleanTech and FinTech company, has implemented its first agrivoltaic projects in Colombia, offering a solution to agricultural problems caused by excessive sunlight. These mini-solar farms are installed on underused land with high solar radiation levels, providing a sustainable energy solution in countries where government funding for energy transition is lacking. The projects reduce deforestation, allow for quick setup, and offer a moderate return on investment.
By utilizing land suitable for agriculture, Unergy’s agrivoltaic projects not only generate electricity but also benefit agricultural activities that require moderate sunlight exposure. This shared land use strategy helps improve environmental aspects, reduce water usage for irrigation, and lower agricultural resource costs. The projects also contribute to the development of rural communities by supporting local players such as schools, cooperatives, and small producers.
With an initial investment of around $1 million per mini-farm, Unergy has attracted over $20 million from investors and announced due diligence procedures for an additional $100 million of capital. The projects generate significant net profits through the sale of energy. The success of Unergy’s model in Latin America has attracted interest in Europe, where it serves as an inspiration for investors looking to support sustainable energy solutions.