REDSEA AWARD-WINNING GREENHOUSE FACILITY IN ABU DHABI

these huge issues ahead of COP 28.

Ryan Lefers, Chief Executive Officer of RedSea, said: “We are delighted for UAE audiences to have their first glimpse of our award-winning technology, which is transforming global controlled environment agriculture and open-field farming. There is a clear path for local growers to use this technology to generate higher production yields, operate more sustainably and be more profitable.

“Globally, food production is frequently unsustainable and very vulnerable to climate change. Our technology - which addresses these problems directly - is a solution born in the deserts of the Middle East and already being delivered in hot climates around the world.”

Miles Thornhill, Team Head Corporate Banking and Head of Business Banking UAE at HSBC, commented: “HSBC is focused on helping to deliver a net zero global economy, which includes channelling investment towards sustainable projects. Sustainable finance has an important role to play in allowing AgTech companies, such as RedSea, to scale and demonstrate solutions that help build a better future.”

The greenhouse facility is powered by 2,000m2 of elevated solar panels functioning as agrivoltaics, with protected crops grown under the panels and heat-blocking net - showcasing the full capability of RedSea’s sustainable technologies.

RedSea is also demonstrating its resilient genetics, which enable salt, heat, and droughttolerant crops of better quality and increase yields. The facility will showcase RedSea’s saltwater irrigated fodder plota ground-breaking use of salty brine for irrigation of fodder for livestock feed.

For more information, visit www.redsea.ag