Signify signs deal with Agro-Inwest to more than double the size of the world’s largest LED horticultural lighting project to 68.5 hectares

• Improvements in tomato production, quality and predictability lead Agro-Inwest to expand its LED installation from 25 to 68.5 hectares – an area equivalent to 100 soccer pitches
• First look inside the world’s largest LED horticulture lighting project in new video

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that Agro-Inwest, one of Russia’s most modern and rapidly growing companies cultivating fresh vegetables will expand its use of Philips LED lighting for growing tomatoes from its current 25 hectares to 68.5 hectares – an area of greenhouses equivalent to 100 soccer pitches. In 2017, Signify and Agro-Inwest introduced the largest LED horticulture lighting project in the world. The quick payoff and the clearly visible improvements in the crop yield, has led to the company expanding its investment in Philips GreenPower LED toplighting and Philips GreenPower LED interlighting system for its tomato production. The scale of the project illustrates Signify’s leadership in horticultural lighting.

Click here to take a look inside Agro-Inwest’s greenhouse. 

Agro-Inwest has already achieved excellent results in the 25 hectares of tomato greenhouses that use Philips LED horticultural lighting. “The Philips LED lighting has reduced energy usage by almost 50% and improved growth predictability, crop appearance and yield,” said Irina Meshkova, Deputy CEO and General Director, Agro-Inwest. “We are on track to recoup our costs on that project in two to four years, a very attractive return on investment. In addition, Signify has been very accurate in projecting our yields which gives us great confidence in future results. We know LED is the future and Signify has proved a reliable and knowledgeable partner.”
 

Signify N.V. became the new company name of Philips Lighting N.V., the ultimate parent company of the worldwide group of Philips Lighting companies. The legal name of Philips Eurasia LLC will be changed in the beginning of 2019.