European Growers Turn to Horticulture LEDs
GE Current has announced a partnership with Aquila Capital to provide funding solutions for growers looking to install low-energy LED lighting.
The partnership will allow growers across Europe who are designing new indoor farming facilities — or upgrading existing installations to the latest lighting technology — to deploy Current’s range of Arize horticultural LED solutions, faster and with the aim of no up-front capital expenditure.
Projects financed through the new partnership have the potential to achieve CO2 savings of 30-40% vs existing installations, with repayment calculations based on a proportion of the future energy costs.
The partnership will allow growers across Europe who are designing new indoor farming facilities — or upgrading existing installations to the latest lighting technology — to deploy Current’s range of Arize horticultural LED solutions, faster and with the aim of no up-front capital expenditure.
Projects financed through the new partnership have the potential to achieve CO2 savings of 30-40% vs existing installations, with repayment calculations based on a proportion of the future energy costs.
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