Solaqua

solaqua.com ↗ ·Madrid ·Seed

Solaqua is a Madrid-based cleantech startup that designs and finances autonomous solar-powered irrigation systems for farmers and irrigation communities, using patented power-electronics technology (licensed from the Universidad Politécnica de Madrid's Instituto de Energía Solar) that runs high-power pumping directly off PV without batteries or grid connection. It sells through a zero-upfront-cost model in which SPVs own the PV irrigation plant and sign 15-20 year PPAs with irrigators, and it targets rolling out ~100 MW of PV irrigation backed by private financing. Founded in 2020 by three solar-engineering PhDs, it is their third venture after QPV (Qualifying Photovoltaics) and Entec Solar, and it is an EIT InnoEnergy portfolio company; the technology builds on four EU R&D projects including the Horizon 2020 SolaQua project.

Founded
2020
Founders
3
Total funds raised
—
Rounds
0
Investors
1
SectorsEnergy & Climate, Foodtech & Agtech, Deeptech & Hardware, Solar PV, Agrivoltaics Start-up MapEnergy & Climate › Clean energy generation hardware

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Founders

Jorge Solórzano del Moral
Co-founder & Board Member
Manuel Castillo Cagigal
Co-founder & Board Member
Rodrigo Moretón Villagrá
Co-founder & President

Global models 5

SunCulture
Sells solar-powered irrigation to farmers on pay-as-you-go and energy-as-a-service terms, so farmers pay nothing upfront.
$80MComparable
Ecozen
Sells solar irrigation pumps and pump controllers to farmers, with financing that lets them run pumping off PV without the grid.
$65MComparable
Simusolar
Tanzania · simusolar.com ↗
Supplies financed off-grid solar water pumps for irrigation to smallholder farmers, paid back in instalments.
$12MComparable
Claro Energy
Deploys solar irrigation pumps for farmers, including a pay-per-use pumping-as-a-service model with no upfront cost.
$8MComparable
Futurepump
United Kingdom · futurepump.com ↗
Makes solar irrigation pumps that run directly off PV with no batteries, sold to farmers on asset-financed pay-as-you-go terms.
$5MComparable

In the same niche 28 others

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Notes: Most funded first

Investors 1

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Funding rounds

No announced rounds on record.

News

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