CEA

Light Science Technologies Holdings (LST): Initiation — Helping grow more with less

Retrieved on: 
Friday, September 23, 2022

Light Science Technologies Holdings has built on its established UK-based contract electronic manufacturing (CEM) business by launching highly innovative products for the controlled environment agriculture (CEA) market.

Key Points: 
  • Light Science Technologies Holdings has built on its established UK-based contract electronic manufacturing (CEM) business by launching highly innovative products for the controlled environment agriculture (CEA) market.
  • Although most of the groups revenues are currently attributable to the CEM division, our note focuses on the CEA activity because of its superior growth prospects.
  • This is only a small proportion of the global market, which we calculate could be worth c 2.9bn in the UK alone.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Rhode Island Communities Announce Launch of First-Ever Electricity Aggregation Programs

Retrieved on: 
Thursday, September 22, 2022

Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their residents and businesses with new options for electricity supply.

Key Points: 
  • Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their residents and businesses with new options for electricity supply.
  • These Community Electricity Aggregation (CEA) programs will focus on providing competitively priced rates while also including additional clean energy from Rhode Island.
  • Community electricity aggregation programs are rapidly transforming the electricity sector in many states, and we are thrilled to bring this program to Rhode Island consumers.
  • About Good Energy: Good Energy is a national leader in the design, development, implementation and ongoing management of community electricity aggregation programs, serving cities and towns in Rhode Island, Massachusetts, New York, New Hampshire, New Jersey and Illinois.

AgriFORCE Announces Purchase Agreement with Stronghold Power Systems to Acquire Land for Planned Development of First Coachella Campus for Proprietary and State-of-the-Art CEA Facility

Retrieved on: 
Thursday, September 22, 2022

VANCOUVER, British Columbia, Sept. 22, 2022 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company dedicated to advancing sustainable cultivation and crop optimization across multiple platforms, today announced it has entered into a three-way agreement with Stronghold Power Systems Inc. (SPSI) and Stronghold Engineering Inc. (SEI), whereby AgriFORCE will acquire and the Parties will jointly develop a 34-acre property, which will serve as the first Coachella Campus for AgriFORCE’s proprietary and state-of-the-art controlled environment agriculture (“CEA”) facilities.

Key Points: 
  • Through this property agreement, AgriFORCE estimates it will reduce the capital expenditures for the first site by $4.8 million in Phase 1 of the development.
  • The campus will include cultivation facilities, featuring advanced facility design, automated integrated growing systems, and advanced environmental control systems, leveraging the Companys broad IP-based AgTech platform.
  • Troy McClellan, President of AgriFORCE Solutions, stated AgriFORCE is thrilled to collaborate with Stronghold Engineering and Stronghold Power Systems to acquire this strategic property to develop our Coachella Campus.
  • Scott Bailey, Founder of Stronghold Power Systems, Inc. and COO of Stronghold Engineering, Inc. shared, The team at Stronghold Power Systems is excited to be involved with this project.

AppHarvest announces fall planting progress for salad greens, strawberries and tomatoes as it works to quadruple farm footprint this year

Retrieved on: 
Tuesday, September 20, 2022

MOREHEAD, Ky., Sept. 20, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it has completed calibration of its “touchless growing system” for salad greens at its 15-acre Berea, Ky., indoor farm by having successfully grown more than 20 varieties of lettuce and is approximately 80% complete with planting of its 30-acre AppHarvest Somerset Farm, which has the capacity to grow about 1 million strawberry plants. The company’s 60-acre flagship farm in Morehead, Ky., is expected to start harvesting its third season of tomatoes mid-fourth quarter. “With a laser-like focus on core operations, the AppHarvest team across the board is delivering on its commitment to complete the largest controlled environment agriculture build-out in U.S. history this year,” said AppHarvest Chief Operating Officer Julie Nelson. “We literally expect to reap the fruits of our labor starting in the fourth quarter.”  The AppHarvest Berea Farm is expected to be the world’s largest high-tech farm for autonomously harvested salad greens with the latest “touchless growing system” by Green Automation. The hands-off system helps to improve both food safety and efficiency. To calibrate the touchless growing system, the company has successfully grown more than 20 types of salad greens, which go from seed to maturity in about three to four weeks depending on variety. AppHarvest expects commercial shipments from the Berea facility to start in the fourth quarter. The AppHarvest Berea growing environment leverages sunshine and rainwater and is automated for lighting, humidity and temperature. The farm uses a closed-loop irrigation system, which enables expected water savings of up to 90 percent compared to open-field farming and allows for precision dosing of nutrients, resulting in far less use of fertilizer compared to open-field farming while avoiding pollution from agricultural runoff. The AppHarvest Berea farm also employs integrated pest management—using good bugs to take care of bad bugs and early detection and prevention—to avoid the use of harsh chemical pesticides.The AppHarvest Somerset Farm is expected primarily to grow strawberries and is expected seasonally to grow cucumbers. The AppHarvest Somerset farm also uses sunshine, boosted with a hybrid LED lighting array when needed, and rainwater in a closed-loop irrigation system. AppHarvest also continues construction on its 60-acre Richmond, Ky. farm, which will double the company’s capacity to grow tomatoes. Combined with the Morehead farm, the Richmond facility is expected to enable the company to grow about 1.5 million tomato plants per season that continuously produce for more than 10 months of the year. The AppHarvest Richmond farm is expected to start producing before the end of 2022.  AppHarvest currently sells to the top 25 national grocery store outlets as well as to select restaurants and food service providers through its distribution partner, Mastronardi Produce.About AppHarvest AppHarvest is a sustainable food company in Appalachia developing and operating some of the world’s largest high-tech indoor farms with robotics and artificial intelligence to build a reliable, climate-resilient food system. AppHarvest’s farms are designed to grow produce using sunshine, rainwater and up to 90% less water than open-field growing, all while producing yields up to 30 times that of traditional agriculture and preventing pollution from agricultural runoff. AppHarvest currently operates its flagship farm – about the size of 50 football fields – in Morehead, Ky., producing tomatoes. The company is developing a network of farms to produce a variety of vine crops, salad greens and berries with three more farms currently under construction that are expected to be operational by the end of 2022. For more information, visit https://www.appharvest.com/. 

Key Points: 
  • The AppHarvest Berea Farm is expected to be the worlds largest high-tech farm for autonomously harvested salad greens with the latest touchless growing system by Green Automation.
  • The AppHarvest Somerset Farm is expected primarily to grow strawberries and is expected seasonally to grow cucumbers.
  • AppHarvest also continues construction on its 60-acre Richmond, Ky. farm, which will double the companys capacity to grow tomatoes.
  • AppHarvest currently operates its flagship farm about the size of 50 football fields in Morehead, Ky., producing tomatoes.

Generational Equity Advises Greenleaf Growers in its Sale to 2900 Madison Ave Holdings

Retrieved on: 
Friday, September 16, 2022

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Greenleaf Growers, Inc. to 2900 Madison Ave Holdings, LLC (a holding company of Edible Garden, Inc.).

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Greenleaf Growers, Inc. to 2900 Madison Ave Holdings, LLC (a holding company of Edible Garden, Inc.).
  • Greenleaf Growers, located in Grand Rapids, Michigan, operates as a greenhouse and wholesale commercial grower, producing spring crops, fall mums, as well as seasonal poinsettias.
  • The Greenleaf Growers facility will incorporate our patented, advanced technologies and processes, while reinforcing our commitment to the region and our Midwest customers.
  • Generational Equity , Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors , Generational Consulting Group , and DealForce are part of the Generational Group , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

Bowery Farming Expands Product Offerings with Ready-to-Eat Salad Kits

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Bowery, the largest vertical farming company in the U.S, announces today the launch of salad kits, expanding product offerings into the ready-to-eat category. With the introduction of three salad kit flavors featuring forkable greens, bold flavor, and crunchy toppings from pepitas to parm crisps, Bowery is elevating the grab-and-go salad experience.

Key Points: 
  • NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Bowery , the largest vertical farming company in the U.S, announces today the launch of salad kits, expanding product offerings into the ready-to-eat category.
  • With the introduction of three salad kit flavors featuring forkable greens, bold flavor, and crunchy toppings from pepitas to parm crisps, Bowery is elevating the grab-and-go salad experience.
  • Bowery continues to demonstrate product category leadership in Controlled Environment Agriculture (CEA) with the introduction of ready-to-eat salad kits, the fastest growing category in packaged salad with $2.0B in annual sales.
  • The launch of salad kits will help us meet booming consumer demand in the ready-to-eat category," said Katie Seawell, Chief Commercial Officer, Bowery.

Jumptuit Unveils Cross-Sector Scenario Forecasting Technology to Optimize Fleet Management, Improve Working Conditions for Supply-Chain Workers, and Reduce Carbon Emissions

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Jumptuit Autonomous Transit (JAT) http://www.jumptuit.co announced today the market availability of its Commercial Fleet Vehicle Asset and Driver Management SaaS modules on October 27, 2022.

Key Points: 
  • JAT generates cross-sector scenario forecasts within standard commercial delivery timelines to optimize commercial delivery performance metrics, including the efficient deployment of fleet vehicle assets and drivers.
  • JAT's dynamic tracking of driving hours, mandatory rest breaks, and other working conditions helps companies to meet Department of Transportation Driving Regulations for Fleet Management.
  • JAT's cross-sector scenario forecasting helps drivers avoid dangerous or less than optimal driving conditions, including weather and route obstacles.
  • Jumptuit Autonomous Transit (JAT), a subsidiary of Jumptuit, Inc., is an AV SaaS company providing Cross-Sector Scenario Forecasting for any geolocation to optimize scheduling and routing, mitigating delays, property and personal safety risk, public health and safety conditions and carbon emissions.

RMJ Supply Announces Expanded Partnership With Water and Chemical Management Manufacturer Dramm Corporation

Retrieved on: 
Wednesday, September 14, 2022

NEW YORK, NY, Sept. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – RMJ Supply (“RMJ” or “Company”), a solutions-focused distributor of horticultural equipment and supplies providing a single-source solution for the CEA industry, announced today it has expanded its relationship with The Dramm Corporation, a best-in-class integrator and manufacturer of water management, irrigation, fertigation and chemical application for the commercial horticulture industry. The companies have worked together since RMJ’s inception, partnering on dozens of projects to bring Dramm’s integrated solutions to commercial cannabis cultivators.

Key Points: 
  • Founded in 1941 with the invention of the 400AL Waterbreaker, the Dramm Corporation manufactures and distributes irrigation systems, chemical application solutions, and environmental control systems.
  • Dramm is RMJs preferred solution for buildout and retrofit projects requiring irrigation, fertigation and water treatment system solutions.
  • The tradition of innovation and service continues as Dramm now offers complete irrigation and water management design.
  • DRAMMwater was founded more than 10 years ago to help growers improve the efficiency, use and cleanliness of their water.

AmplifiedAg Releases Sustainability Impact Update

Retrieved on: 
Wednesday, September 14, 2022

CHARLESTON, S.C., Sept. 14, 2022 /PRNewswire/ -- AmplifiedAg, Inc. , a leading agricultural technology company focused on the controlled environment agriculture (CEA) category, announced today the release of its first Sustainability Impact Update , outlining the company's operations and impact evaluation.

Key Points: 
  • CHARLESTON, S.C., Sept. 14, 2022 /PRNewswire/ -- AmplifiedAg, Inc. , a leading agricultural technology company focused on the controlled environment agriculture (CEA) category, announced today the release of its first Sustainability Impact Update , outlining the company's operations and impact evaluation.
  • In 2021, AmplifiedAg committed to be a USDA and EPA Food Loss and Waste 2030 Champion and set a goal to reduce food loss and waste by 50%.
  • In the spirit of transparency, accountability, and industry collaboration, I am happy to share this AmplifiedAg Sustainability Impact Update that highlights our numerous initiatives and advancements.
  • To download the AmplifiedAg Sustainability Impact Update and learn more about the company's sustainable business initiatives, visit https://amplifiedaginc.com/sustainability/ .

Carbon Strategy ETF Launches on the NYSE with Ticker KARB to Provide Exposure to Global Compliance Carbon Markets

Retrieved on: 
Tuesday, September 13, 2022

Carbon allowances equal to the emissions cap may then either be freely allocated and/or auctioned to emitting companies by the governing entity.

Key Points: 
  • Carbon allowances equal to the emissions cap may then either be freely allocated and/or auctioned to emitting companies by the governing entity.
  • While active futures markets can provide investors with exposure to certain compliance carbon markets, investing directly in carbon allowance futures contracts can be challenging because of the difficulties associated with gaining access to derivative markets.
  • The fund uses the Carbon Streaming BITA Compliance Index (the Index) as a reference index, which tracks the performance of the compliance carbon markets through an allocation into a series of carbon allowance futures contracts.
  • Carbon Fund Advisors Inc. was founded by individuals with decades of experience in capital markets to provide investors with exposure to the global carbon markets.