Green 
leadership

Our ambitions

For existing and new fish farms at sea and on land – nationally and internationally – there is great potential for new emission-free energy solutions.

Over time, our business model will combine delivering products and services related to emission-free energy solutions – delivered directly to the customer or via industrial partners (phase 1) – and to Power-as-a-Service, where our revenue stream will be based on kilowatt-hours delivered (phase 2).

Eventually, we will assess opportunities to offer energy to other parts of the value chain, such as well boats and service vessels, and to make fish farms self-sufficient with other input factors such as oxygen, fresh water and heat (phase 3).

Through a planned transformation, we will be applying known and accepted technology in new and unique ways. The aim is to develop and deliver zero-emission systems which can make a large proportion of sea- and land-based fish farms – both in Norway and internationally – self-sufficient in energy.

We will deliver green energy to a rapidly growing aquaculture sector. In collaboration with Norwegian fish farmers and technology providers, we are developing circular zero-emission solutions.

Floating solar power farms will supply the aquaculture sector with green energy throughout the year

This solution benefits the environment by reducing CO2 emissions, and provides opportunities for battery-charging and hydrogen production.

Pilot installation at Hofseth

As part of our development of the Inseanergy Hybrid solution, we installed a solar power facility in the autumn of 2020 for the Hofseth Aqua fish farm at Opshaugvik in Stranda municipality, Norway. The winter months are being used to determine how wind and weather affect the solar panels.

Green leadership

We aim to deliver green energy to the aquaculture sector with the aid of floating solar panels attached to recycled fish-cage float rings.

Over the next few years, in collaboration with our customers and expertise network, we will be developing and installing zero-emission systems which make fish farms self-sufficient in energy.

We are taking a green leadership together with the aquaculture sector, in terms of both transitioning to a circular economy and limiting climate emissions.

Zero emissions
By providing big cuts in emissions and eventually reducing them to zero, our solution will help to limit global warming.

We are developing a system of floating solar panels which generates emission-free energy for fish-farm operation. The long-term goal is to create a self-contained renewable energy system for an aquaculture industry enjoying strong global growth.

This solution will be particularly suitable for fish farms in regions with limited electricity supplies or which are vulnerable to emissions.

In the longer term, we will also explore opportunities for creating self-sufficiency with other input factors, such as oxygen, heat and fresh water, and for supplying energy to other parts of the value chain – such as well boats and service vessels.

Reusing fish-cage float rings
Scarcity of resources increases the need to extend the useful life of products and to reduce over-utilisation of materials, which often end up in the sea and threaten vulnerable ecosystems.

Surplus fish cages have an environmental value and are a profitable green source for the aquaculture industry. In Norway alone, more than 1 000 cage float rings with a circumference of 120 metres are due to be replaced over the next few years. In addition, several cages, regardless of circumference, will be replaced.

Scrapping such rings currently represents a cost for fish farmers. We are making provision for using them as a resource – and as a platform for floating solar power generation.

Partnership

We comprise a commercial core team which will develop our business model and a broader industrial partnership, which possesses unique expertise and which will help to continue developing our innovative energy solutions.

Our attention is heavily focused on creating value for our customers in the aquaculture sector. We therefore give great emphasis to developing solutions which are based on customer requirements at the various fish-farm sites in Norway and internationally.

Collectively, we comprise a broad-based expertise network which extends from aquaculture to the maritime, energy and hydrogen sectors.

Our business model will be developed over time in line with the rapid development of new renewable energy solutions in the ocean industries.

An increased willingness now exists to work together in new partnerships with a high content of matured solutions. That allows us to choose between different suppliers, reduces the risk of bottlenecks or loose threads, and increases opportunities to involve forward-thinking partners in the next phases.

Contact

CEO

Jan Erik Våge Klepp

jan.erik.vk(at)inseanergy.no

+47 986 96 040

CFO

Per Einar Storhaug

pes(at)inseanergy.no

+47 901 42 677

CTO

Erik Rongved

er(at)inseanergy.no

+47 416 46 787

COO

Kari-Elin Hildre

kekh(at)inseanergy.no

+47 932 63 208