The Tiu Family-led Pure Energy Holdings Corp. (PEHC) is making a case for artificial intelligence (AI)-powered and climate-controlled indoor farms to push the future of the local agriculture sector forward.
Pure Energy said on Wednesday that it will start constructing a pilot model for a climate-controlled indoor farm by the third quarter of the year. The company said it will tap its subsidiaries NexGen Energy Corp. (XGEN) and Repower Energy Development Corp. (REDC) to provide 24/7 power for its planned indoor farms.
XGEN and REDC operate solar, hydropower, and wind power facilities in Bulacan, Zambales, Bataan, Cavite, Laguna, Quezon, and Camarines Sur.
"Agriculture is close to Dexter Tiu's heart, having developed this since he was 6 years old from his grandmother who had a passion for growing plants. This is one of the key reasons why Pure Energy is venturing into this sector," Pure Energy President Eric Y. Roxas said.
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