Roots delivers world first renewables-powered condensation irrigation system

By Meagan Evans. Published at May 3, 2018, in Technology

Roots Sustainable Agricultural Technologies Limited (ASX:ROO) has unveiled the world’s first solar or wind-operated Irrigation by Condensation (IBC) system that works ‘off the grid’.

Roots’ IBC system is the first stand-alone Irrigation by Condensation (IBC) system powered by solar or wind energy capable of growing and sustaining entire growth cycles of food, independent of the electricity grid or a normal water supply.

It was specifically designed to enable small and medium scale farmers to grow food crops irrigated only from humidity in the air, even in remote semi-arid areas suffering water scarcity and quality issues with no access to grid electricity or irrigated water.

Today’s announcement follows the successful proof of concept conducted late last year with electric power, which demonstrated the technical and agronomical ability to sustain the full growth cycle of several crops.

The ‘Irrigation by condensation off-grid’ installation is designed initially for growing high protein crops including beans and alfalfa. It will be showcased at the Agri-Tech Israel 2018 International Exhibition and Conference — one of the world's leading agriculture exhibitions from 8-10 May.

Many delegates to the exhibition have expressed interest in viewing the IBC system as well as the company’s root zone heating and cooling technology, its Root Zone Temperature Optimization (RZTO) technology.

RZTO works to heat and cool the roots of crops such as vegetables, herbs and flowers and maintain relatively stable and favourable temperature range throughout the year, improving plant yields. In mid-April the company announced that it had has installed an advanced, hydroponic, nutrient temperature-controlled greenhouse based on its RTZO technology. This greenhouse will also be unveiled next week at Agri-Tech Israel 2018.

It should be noted, however, that this is an early stage tech company and success is no guarantee. Investors should seek professional financial advice before making an investment.

Boaz Wachtel, the inventor of the IBC technology and the co-founder of Roots said, “Roots’ successful installation of the world’s first solar or wind-powered IBC system demonstrates a viable decentralised solution for many of the 500 million smallholder farmers who currently struggle with water for crop production.

“Our patented IBC system has the ability to play a tangible role in benefiting many of the two billion people across the world who depend on these smallholder farms for their livelihoods, by providing a more sustainable living for farmers, families and the communities in which they operate. This is particularly important in areas where rainfall is scarce. The IBC system is also designated for use in advanced agricultural countries to irrigate plantations, covered crops in greenhouses and anywhere where water scarcity is the limiting production factor.”


Where to invest $1,000 right now

When the experts at Next Investors have a stock pick, it may pay to listen.

The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.

They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.

Click the link below to see what they are currently investing in.


SEE THE PORTFOLIO

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!

X