Agrosolar

Integrated Solar-Powered Irrigation Technology and Services for Smallholder Farmers

Employee Gender Breakdown

20%

Innovation Type

Water-Energy-Food

Company Stage

Pre-breakeven

Financing Goals

Seeking combination of debt and equity

Seeking investment?

Yes, $1 million USD

Country of Incorporation

Singapore

Country(Ies) of Implementation

Myanmar

Contact Name

Max Nelen

Contact Email

maxnelen@agrosolar.asia

Product Segment

Water - Irrigation, Financial Solution

Website Address

http://www.agrosolar.asia

Challenge

There are approximately 500 million smallholder farmers producing 80% of the world’s food. Many are poor and have limited access to energy, financing, markets and productive tools. The high cost of diesel is the main reason why they only irrigate 50% of their landholding, resulting in limited crop yields and income. 

Solution

Agrosolar’s vision as a company is to alleviate energy poverty, boost income and productivity, and combat climate change in rural Southeast Asia. Our affordable plug-and-play Solar Irrigation System provides a sustainable and affordable alternative to conventional fossil-fuel water pumps.   

By switching to our system, farmers can reduce operational costs up to USD 100 per acre. To reduce the barrier of acquisitions, we provide seasonal financing solutions linked to the farmer’s crop and fuel consumption pattern.   

The core competitive advantage is around  

  1. plug-and-play systems designed according to individual needs of farmers 
  1. (ii) extensive rural distribution network that reaches the most remote areas  
  1. (iii) flexible lease-to-own financing that matches the unique needs of smallholder farmers to the risk allocation different lending/consumer financing institutions. 

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