CleanTechnica•17 days ago
Agrivoltaic Company Okovate Acquires Stanford University & Carnegie Mellon Tech Startup
Key Takeaway
The acquisition signifies increasing investment and technological advancement in agrivoltaics, offering developers and large power consumers innovative land-use solutions for solar projects.
AI Summary
- •Agrivoltaic company Okovate acquired a tech startup from Stanford University and Carnegie Mellon, signaling M&A activity and innovation in the co-located solar and agriculture sector.
- •This acquisition highlights increasing investment and technological sophistication within agrivoltaics, a growing strategy for optimizing land use for solar development.
- •For developers and large power consumers, this points to potential advancements in agrivoltaic project design, efficiency, and new PPA opportunities leveraging dual land use.
Topics
financingm&apolicysolar
Article Content
Agrivoltaics have been the name of the game in the past few years in the solar power industry. On the surface, it seems simple — find farmland that could benefit from co-location with solar power plants, and then plop some solar panels on areas of the land that seem most ... [continued] The post Agrivoltaic Company Okovate Acquires Stanford University & Carnegie Mellon Tech Startup appeared first on CleanTechnica .