“Our mission is simple but profound: to make agriculture more resilient and sustainable by harnessing the power of the sun,”
explained Adrian Renner, Founder and CEO of Feld Energy. His startup The company focuses on preserving agricultural land primarily for food production, but also generating electricity on it using solar panels. For farmers, this translates to up to €4,000 in additional income per hectare – without compromising the primary agricultural use, according to the startup. Furthermore, the technology reduces water consumption and makes agriculture more resilient to crop failures.
To achieve all this, Feld Energy offers two different solar systems: vertical and tracked systems. In vertical systems, the solar panels are arranged vertically from north to south, so that the fields face east and west. Farmers can then continue farming between the resulting wall-like rows. At the same time, the modules protect the crops from wind erosion and desiccation. Tracked systems, on the other hand, automatically align themselves with the sun. They are designed to rotate out of the wind during storms and provide protection from severe weather events and desiccation.
“Agri-PV as a driver of the German energy transition”
Now the Startup Convince investors of his concept and close pre-seed financing of €1.7 million. The round is led by HV Capital and supported by Angel Invest and CoInvest (Marc Diekmann). Also participating are Karljo Seilern, Cord Amelung, Alex Mahr, Christian Hardenberg, Niklas Rickmann, Jan Rabe, and Colin Hanna.
Feld Energy CEO Racer explains further:
“This funding will enable us to make our vision a reality, build a strong team, and move toward a future where power generation is in harmony with agriculture.”
David Kuczek, General Partner at HV Capital, says:
"We are delighted to once again work with Dr. Adrian Renner – a serial entrepreneur from the HV portfolio. He previously founded the Global Savings Group, a leading company in the consumer internet sector. With his experience in building successful companies, we are convinced that Adrian can transform the agri-PV sector. We look forward to being part of this journey, in which agri-PV will become the engine of German Energy transition fully developed.”
Feld Energy plans to use the funding to expand its team and increase operational capacity. The goal is to make dual-use space a matter of course.