Phoebus Fund provides a patented agrivoltaic system that integrates utility‑scale solar panels with active farmland, spacing panels to allow light diffusion and the use of standard farming equipment. The design boosts land productivity by 70‑90% and generates electricity sold to utilities or corporate off‑takers, creating a steady supplemental revenue stream for farmers while supporting renewable energy adoption.
Funding
Funding not disclosed
Founders
Product
Problem
Farmers often face limited income streams and land-use constraints while seeking ways to adopt renewable energy, and traditional solar installations can impede agricultural operations and reduce crop yields.
Solution
Phoebus Fund delivers a patented agrivoltaic system that integrates utility‑scale solar panels with active farmland. By spacing panels to allow light diffusion, the design supports conventional farming equipment and a wide range of crops, achieving 70‑90% higher economic productivity per acre. The system’s above‑ground wiring is secured to the array, and larger electrical components are buried deep beneath access roads, protecting both the infrastructure and the farmer’s operations. Phoebus manages site design, permitting, and construction, allowing farmers to continue cultivation until approval and then resume farming immediately after commissioning. Generated electricity is sold to utilities or corporate off‑takers, providing a steady revenue stream that supplements traditional farm income while advancing renewable energy adoption.
Target Audience
The primary customers are commercial and family farmers seeking to increase land profitability, as well as utility companies and corporate energy buyers looking for renewable projects that coexist with agricultural production.
Features
- Patented Solargation™ panel layout that balances solar generation with optimal light transmission for crops
- Low‑density panel spacing enabling use of standard tractors, irrigation systems, and planting equipment
- Above‑ground wiring secured to the array and deep‑buried utility connections to prevent accidental damage
- Full project services including land‑utility coordination, permitting, and construction management
- Compatibility with shade‑intolerant crops; studies show minimal yield loss (e.g., 4% reduction for corn)
- Integrated revenue model that sells electricity to utilities or corporate partners, creating an additional farm income source