A staff member cultivating a field under solar panels at Ookido Agri-Energy Unit 1, operated by Chiba Ecological Energy in Chiba, Japan. The farm is at the forefront of a scheme called solar sharing – or agrivoltaics – that involves the simultaneous use of farmland for producing crops and generating power. Bloomberg
A staff member cultivating a field under solar panels at Ookido Agri-Energy Unit 1, operated by Chiba Ecological Energy in Chiba, Japan. The farm is at the forefront of a scheme called solar sharing – or agrivoltaics – that involves the simultaneous use of farmland for producing crops and generating power. Bloomberg
A staff member cultivating a field under solar panels at Ookido Agri-Energy Unit 1, operated by Chiba Ecological Energy in Chiba, Japan. The farm is at the forefront of a scheme called solar sharing – or agrivoltaics – that involves the simultaneous use of farmland for producing crops and generating power. Bloomberg
A staff member cultivating a field under solar panels at Ookido Agri-Energy Unit 1, operated by Chiba Ecological Energy in Chiba, Japan. The farm is at the forefront of a scheme called solar sharing –

Japanese start-up electrifies farms using solar power to grow crops and profits


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In many respects, Takeshi Magami’s farm is like any other in Japan, growing everything from potatoes to ginger and eggplants. But one major difference sets it apart from its neighbours: the 2,826 solar panels perched above the crops.

The panels, covering much of the one hectare of land in the tranquil countryside east of Tokyo, serve a dual purpose. They supply nearly all the power needed to run the farm, and are a source of extra income by selling surplus renewable energy to the grid.

For Magami that can mean 24 million yen ($187,000) of additional revenue a year, eight times more than the maximum 3m yen generated from his produce. While he benefits from generous tariffs that have since been reduced, it's an indication of the added value available to farms in Japan and globally.

“Our goal is to electrify and automate all steps of farming” and create a model for what sustainable agriculture could look like, said Mr Magami, 38, who has been operating the farm as part of his start-up Chiba Ecological Energy.

All the machinery used on Mr Magami’s farm, minus the tractor and a hand-pushed tiller, are electric, charged by panels set above a small shed. Rows of batteries for the tools are lined up on a shelf.

The farm is part of a global movement called solar sharing — or agrivoltaics — that involves the simultaneous use of farmland for producing crops and generating power. The movement is gaining adherents as the global push to replace fossil fuels is encouraging more innovative approaches to boosting capacity for renewable energy.

Solar sharing is emerging as a viable alternative in places like Japan with limited space and a heavy reliance on energy imports. It can help stretch home-grown energy production as countries increasingly seek to reduce their exposure to foreign supplies. Solar sharing is also useful in countries with harsh growing environments, protecting crops by absorbing sunlight and acting as a shield.

“We’ve seen many regions with climate change, and agrivoltaics could mitigate and make agriculture more resilient,” said Max Trommsdorff, head of the agrivoltaics group at the Fraunhofer Institute for Solar Energy Systems ISE in Germany. “Small countries in the sun belt with high population is where agrivoltaics are most urgent and promising.”

Japan, which is aiming to go carbon neutral by 2050, has limited capabilities for renewable energy because of its mountainous terrain. It is aiming for 36 per cent to 38 per cent of its energy mix to come from renewable sources in 2030, with solar accounting for 14 per cent to 16 per cent.

While Japan’s solar installations have risen over the last decade, they supplied only 8.9 per cent of the country’s power as of fiscal 2020, figures compiled by the Institute for Sustainable Energy Policies in Tokyo.

That means Japan will need more spots for panels. The government is looking towards rooftops, railway lines and airports, and the country’s wide stretches of agricultural land on the flat plains offer a promising alternative.

  • The Ritz-Carlton Dubai, JBR teamed up with Green Container Advanced Farming (GCAF) to launch a hyper-local, on-site hydroponic (a method of growing plants without soil) farm, one of the first-ever vertical farms in the city. Executive Chef Tobias Pfister is pictured. All photos by Antonie Robertson / The National
    The Ritz-Carlton Dubai, JBR teamed up with Green Container Advanced Farming (GCAF) to launch a hyper-local, on-site hydroponic (a method of growing plants without soil) farm, one of the first-ever vertical farms in the city. Executive Chef Tobias Pfister is pictured. All photos by Antonie Robertson / The National
  • With a focus on food security and regenerative farming practices, the farm is approximately 40 square metres in size and completely sealed to ensure it is pesticide and herbicide-free
    With a focus on food security and regenerative farming practices, the farm is approximately 40 square metres in size and completely sealed to ensure it is pesticide and herbicide-free
  • Executive chef Tobias Pfister conducts a tour of the vertical farm, which grows crops year–round with daily harvests of up to 10 kilograms of produce
    Executive chef Tobias Pfister conducts a tour of the vertical farm, which grows crops year–round with daily harvests of up to 10 kilograms of produce
  • Maan Said, CEO of Crisp, that built the farm. As the first Marriott property in the region to establish a vertical farm, The Ritz-Carlton, Dubai supports the UAE’s ambitious food security goals
    Maan Said, CEO of Crisp, that built the farm. As the first Marriott property in the region to establish a vertical farm, The Ritz-Carlton, Dubai supports the UAE’s ambitious food security goals
  • The freshly grown selection of herbs includes Italian basil, Thai basil, and rosemary, among others, while coast-line lettuce, salanova mix and kale is also grown
    The freshly grown selection of herbs includes Italian basil, Thai basil, and rosemary, among others, while coast-line lettuce, salanova mix and kale is also grown
  • Executive chef Tobias Pfister looks at some of the farm's produce, which will enhance the dishes served at the property’s dining establishments, including Blue Jade, Splendido and Amaseena
    Executive chef Tobias Pfister looks at some of the farm's produce, which will enhance the dishes served at the property’s dining establishments, including Blue Jade, Splendido and Amaseena
  • The hydroponic technique employed by the resort eliminates the need for soil to grow crops and reduces the amount of water needed by close to 90 per cent when compared with traditional farming techniques
    The hydroponic technique employed by the resort eliminates the need for soil to grow crops and reduces the amount of water needed by close to 90 per cent when compared with traditional farming techniques
  • By harvesting a variety of herbs, microgreens, lettuce and other ingredients at the hydroponic centre, the hotel offers daily delivery of local produce
    By harvesting a variety of herbs, microgreens, lettuce and other ingredients at the hydroponic centre, the hotel offers daily delivery of local produce

But while Mr Magami has demonstrated the success of solar sharing, the practice hasn’t been widely adopted in Japan. Only 742 hectares were approved for agrivoltaic use between fiscal 2013 and 2019, figures from the Ministry of Agriculture, Forestry and Fisheries show, out of the country’s total agricultural land of 4.4 million hectares as of 2020.

Agrivoltaics is a tough sell for Japan’s elderly farming population. Many are without successors to take over the business, and they’re unwilling to make the heavy investment in solar panels that may take decades to pay off. It also can be a distraction from the business of growing crops.

“Some people are against it as it ruins aesthetics, or for getting in the way of farm work,” said Chiho Egashira, an official at Japan’s ministry of agriculture. It can be cumbersome for farm equipment to dodge poles that lift the panels off the ground.

While solar panels can be an alluring prospect for extra income, the ministry wants to ensure food security remains the priority. And so it has put in place rules to ensure production levels.

Mr Magami says that despite the hurdles, it’s necessary for the country to embrace agrivoltaics to reach carbon neutrality by 2050. He calculates that using solar panels on roughly 5 per cent of Japan’s arable farmland, or equivalent to 200,000 hectares, could generate 20 per cent of the country’s power generation.

“Things like geothermal and hydropower take decades to start operating,” Mr Magami said. “We’re no longer in an era where the best way is to find unused plots of land available and install it with panels. Those have all been filled.”

Other nations are making progress with solar sharing, especially in countries that face a similar lack of space. South Korea has set a target of 10 gigawatts of agrivoltaics capacity by 2030 under its Renewable Energy 3020 plan. Taiwan is considering the scheme as it seeks available spaces for renewable installation, said Mr Magami. Italy plans to invest €1.1 billion ($1.2bn) in agrivoltaics to create about 2 gigawatts of capacity.

Larger countries also have a significant presence. China, the world’s top solar panel producer, is home to the biggest agrivoltaic system: a project covering 20 million square metres of land in the desert in Ningxia. Of the 2.8 gigawatt agrivoltaic systems installed globally, China had roughly 1.9 gigawatt of capacity as of 2020, according to the Fraunhofer Institute.

Company%20Profile
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Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
SHAITTAN
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EVikas%20Bahl%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAjay%20Devgn%2C%20R.%20Madhavan%2C%20Jyothika%2C%20Janaki%20Bodiwala%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Super 30

Produced: Sajid Nadiadwala and Phantom Productions
Directed: Vikas Bahl
Cast: Hrithik Roshan, Pankaj Tripathi, Aditya Srivastav, Mrinal Thakur
Rating: 3.5 /5

Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Full Party in the Park line-up

2pm – Andreah

3pm – Supernovas

4.30pm – The Boxtones

5.30pm – Lighthouse Family

7pm – Step On DJs

8pm – Richard Ashcroft

9.30pm – Chris Wright

10pm – Fatboy Slim

11pm – Hollaphonic

 

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Brief scoreline:

Liverpool 2

Keita 5', Firmino 26'

Porto 0

ALL THE RESULTS

Bantamweight

Siyovush Gulmomdov (TJK) bt Rey Nacionales (PHI) by decision.

Lightweight

Alexandru Chitoran (ROU) bt Hussein Fakhir Abed (SYR) by submission.

Catch 74kg

Omar Hussein (JOR) bt Tohir Zhuraev (TJK) by decision.

Strawweight (Female)

Seo Ye-dam (KOR) bt Weronika Zygmunt (POL) by decision.

Featherweight

Kaan Ofli (TUR) bt Walid Laidi (ALG) by TKO.

Lightweight

Abdulla Al Bousheiri (KUW) bt Leandro Martins (BRA) by TKO.

Welterweight

Ahmad Labban (LEB) bt Sofiane Benchohra (ALG) by TKO.

Bantamweight

Jaures Dea (CAM) v Nawras Abzakh (JOR) no contest.

Lightweight

Mohammed Yahya (UAE) bt Glen Ranillo (PHI) by TKO round 1.

Lightweight

Alan Omer (GER) bt Aidan Aguilera (AUS) by TKO round 1.

Welterweight

Mounir Lazzez (TUN) bt Sasha Palatkinov (HKG) by TKO round 1.

Featherweight title bout

Romando Dy (PHI) v Lee Do-gyeom (KOR) by KO round 1.

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

Updated: May 22, 2022, 4:30 AM