Europe’s largest vertical farm completes first phase
YesHealth Group and Nordic Harvest have completed the first phase of Europe’s largest vertical farm, a 14-storey, 7,000sqm facility in Copenhagen Markets, on the outskirts of Denmark’s capital.
In a statement, the companies explain that the facility will be Europe’s largest and most efficient indoor vertical farm, featuring YesHealth Group proprietary technologies, robotics, hydroponics, and arrays of more than 20,000 LEDs.
The project will have smart software installed for the processing of more than 5,000 individual data points, all of which will be integrated with Nordic Harvest’s design of process flow and packaging.
Working in partnership, YesHealth Group and Nordic Harvest began constructing the vertical farm in April. Production is expected to begin in the first quarter of 2021.
Profits are projected within the first year, making this vertical farm a model of feasibility for the industry at large, the statement adds. Financial projections are based on a scale-up model, which will see the vertical farm expand from an initial 200-tonne annual capacity to a massive 1,000-tonne annual capacity during Q4 2021.
“Adding to our technology that we’ve developed in-house over the past decade, YesHealth Group will now be able to harness real-world data from Denmark with its unique climate and environment and improve our technology at an even greater speed and efficiency,” says Tsai Wen-Chin, chairman of YesHealth Group.
Jesper Hansen, COO of YesHealthGroup adds that the project is a crucial step forwards for the group’s expansion into Europe, and that the move is in line with the company’s global expansion plan.
“We have carefully mapped out (the global expansion plan) for the coming years. YesHealth Group has industry leading technology and operational know-how, and we’re selecting more regional partners with local market expertise like Nordic Harvest,” Hansen explains.
“Our team has worked tirelessly over the past eight months to bring this Copenhagen vertical farm into reality,” adds Stella Tsai, project manager at YesHealth Group. “It’s a valuable experience that we’ll take forward into future projects.”
Kevin Lin, director of Business Development at YesHealth Group, said completion of phase one of this vertical farm represents a first step towards constructing more vertical farms across Europe, Asia, and the Middle East and North African region.
Masdar, PT PLN begin work on floating PV solar project
UAE-based renewable energy company Masdar, in partnership with PT PLN, an organisation specialising in electrical power and owned by the Indonesian government, has announced today it has started work on a floating photovoltaic (PV) solar project in West Java. The company says the 145MW plant is the first of its kind in the country. The project, which will be constructed on the Cirata reservoir in West Java, was financed by the Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.
Developing the project is PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PLN subsidiary PT PJBI. Bahlil Lahadalia, Minister of Investment for the Republic of Indonesia and chairman of the Indonesia Investment Coordinating Board, said: “This is a flagship project of the UAE’s investment in Indonesia, and most importantly, it is in line with the Indonesian Government’s target to increase renewable energy by 23% by 2025.”
Ladhadalia added: “The Ministry of Investment fully supports the investment realisation of the Cirata Floating Solar Project by PT PJBI and Masdar.” The plant is said to be the largest in south-east Asia, and one of the biggest in the world. Around 800 jobs will be created during its construction phase.
During the project’s development, Masdar has conducted several social initiatives to raise awareness of sustainability and strengthen the engagement of the local community. Talking about the partnership with Masdar, Amir Faisal, president director of PJBI, said: “We see tremendous potential for similar projects in Indonesia and we look forward to continuing our fruitful collaboration with Masdar to work on more renewable energy projects and help our nation achieve its clean energy objectives.
“This floating power project is a first for Indonesia and is also a significant step in PJBI’s renewable energy journey,” he added.
Facts about solar energy
- Solar power is the most abundant energy source on earth: There’s enough solar energy reaching the earth every hour to meet all of humanity’s power needs for a whole year.
- The cost of solar panels has fallen by 99% since 1977: The price per watt for a single solar cell in 1977 was US$77. Today that same cell costs Us$0.21 per watt US$0.39 per watt for an assembled module, according to the Solar Energy Industries Association.
- China is the global leader in solar energy: Whilst solar power is increasing in popularity in the US, China is currently the country with the biggest uptake. Research conducted by GTM in 2017 predicted that the US would install 12.4GW of solar power during that year. China, on the other hand, installed 24.4GW of power in the first half of 2017 alone.