Faraday

Affordable and efficient solar systems designed for farmers

Innovation Type:

Water-Energy-Food

Product Segment:

Energy – Farm Production & Mechanization

Country of Incorporation:

Iraq

Country of Implementation:

Iraq

Company Stage:

Stage 4: 10,001 to 999,999 end-users

Seeking Investment:

Yes, $150,000 USD

Financing Goals:

Seeking equity (angel investor, venture capital or private equity)

Contact Name:

Daban Raoof Sharif

Challenges

Smallholder farmers in Iraq experience unreliable power supplies from the national grid, which frequently suffers from shortages. To cope with this instability, farmers alternate between the national grid and diesel generators to ensure a steady power supply for irrigation. Consequently, farmers incur extra expenses due to repeated purchases of diesel fuel.

For farmers considering the transition to solar energy providers, the cost can be unaffordable. Many companies design projects that exceed farmers’ budgets and lack smart controllers or water sensors to efficiently monitor crop water usage.

Solutions

Faraday provides solar-powered agricultural systems that are designed to enhance efficiency, reduce costs, and promote sustainable agricultural practices. Their products and services include: efficient solar panels, advanced monitoring and control systems, and innovative irrigation solutions. The innovator makes their system more farmer-friendly by providing a robust and user-friendly internet-based control system that is accessible through farmers’ phones.

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