Feldwerke Raises €12M for Agri-PV and Battery Storage

Feldwerke, a nascent player in the integrated renewable energy and agriculture sector, has successfully secured a €12 million revolving credit facility. This significant funding injection comes from a French debt fund and is earmarked for the rapid expansion of its dual-purpose Agri-Photovoltaic (Agri-PV) and battery storage initiatives across Germany.

The capital infusion is strategically aimed at accelerating the deployment of a substantial 100MW Agri-PV portfolio within the next twelve months. This move underscores the growing investor confidence in business models that synergize food production with clean energy generation. Founded just last year, Feldwerke is already demonstrating its commitment to this innovative approach, which allows solar energy capture while maintaining active agricultural operations on the same land.

This financing round is a critical step towards Feldwerke's ambitious objective of establishing 1GW of capacity by 2030. The company has already made tangible progress, having brought over 20MW of Agri-PV capacity online. Notably, this includes one of the largest Agri-PV installations in Southern Germany, situated in Oberndorf am Lech, showcasing their capability in executing complex projects.

With approximately 50 projects currently under development, representing a potential of over 400MW, Feldwerke is well-positioned to leverage this new credit line. The company views this financial backing as a clear validation of Agri-PV's emergence as a distinct and valuable infrastructure asset class. This sector is increasingly recognized for its ability to address land-use challenges and contribute to both energy security and agricultural resilience.

The German renewable energy market, a key focus for Feldwerke, is undergoing significant transformation. The nation's commitment to its energy transition (Energiewende) creates a fertile ground for innovative solutions like Agri-PV. The integration of battery storage systems further enhances the value proposition by providing grid stability and enabling more efficient energy management, crucial elements in Germany's evolving energy infrastructure.

This financial backing from the French debt fund provides Feldwerke with the necessary flexibility to scale its construction activities efficiently. As demand for integrated renewable energy and agricultural solutions escalates across Europe, this funding will be instrumental in capturing market opportunities and solidifying Feldwerke's position as a leader in this specialized field. The company's co-founder, Marco Mielenz, highlighted the significance of the deal, stating, “For us, this is more than a financing milestone. It’s a signal that Agri-PV is becoming a serious infrastructure asset class — combining renewable energy generation with active agriculture on the same land.”