The new Texas greenhouse with $12M strategic expansion

The new 1.5 acre facility, situated in an opportunity zone in Cleburne, Texas, will produce approximately 500 tons of leafy greens per year for its local offtake partners. Eden Green Technology's greenhouse modules are more sustainable and scalable than other hydroponic vertical farms, low-tech greenhouse formats, and traditional soil-based farming methods. The new facility will rely on 99% sunlight, rather than 100% LED lighting, and recycled water of up to 7,500 gallons a month. Combined with annual water consumption equal to only two households, the facility will produce 11 to 13 harvests per year, compared to 1-2 harvests yielded by traditional farming methods. In all, Eden Green Technology's facility will use 99% less land, and 98% less water, than an equivalent yield on a soil-based farm.

"If the pandemic has taught us anything, it's the need for our communities to work together to make smart, sustainable, and resource-efficient decisions in pursuit of a better future," said Eddy Badrina, CEO of Eden Green Technology. "The fact is that land, water, and energy aren't being used efficiently to produce and distribute our food, and if we want to be responsible shepherds for future generations, we need to embrace solutions that maximize productive yield and profitability using our limited resources. This facility symbolizes a paradigm shift for how capital investment is being leveraged to do the most good where it's needed."

Representing a new model for agribusiness, the investment and new greenhouse bring together capital, labor, and government in addressing local environmental issues and food security. With offtake partners prepared to buy the majority of the new facility's harvest, the greenhouse is slated to be profitable immediately, sustain 30 year-round, full-time essential jobs, and demonstrate the economic, environmental, and resource-use potential of smart vertical greenhouses.

Scalable to any 1.5-acre footprint in almost any climate, the Cleburne facility is an example of Eden Green Technology's turnkey platform. These greenhouses, with their patented vertical farming technology, are available to retailers and food distributors. entrepreneur-led investor groups, nation states and municipalities, and philanthropic ventures and foundations. Because of the flexibility and quick construction of its location-agnostic greenhouse platforms, Eden Green Technology's greenhouses can drastically cut down transportation costs and food waste, with farm-to-shelf time counted in days, not weeks. The company's plans include partnering with companies and organizations not only in Texas, but also in other domestic and international locations. The company projects that there will be more than 20 greenhouses around the world by 2024.

Source and Photo Courtesy of Ag News

Source: Ag News