AKVA has signed two contracts to develop new land-based Recirculation Aquaculture Systems (RAS) in Northern Europe.
The aquaculture supplier announced on Tuesday that it has signed a contract with Icelandic Land Farmed Salmon (ILFS) to build a Smolt facility will be built in Vestmannaeyjar, with the project starting in October 2022. The aquaculture company will work on delivering a facility with all production stages from hatchery to smolt, including the “Zero Water Concept” technology.
“This is an exciting project because it makes us self-sufficient in smolt-supply for our coming land-based Grow-out project, thereby giving us the full control of our own value chain,” Lárus Sigurður Ásgeirsson, Chairman of the board of ILFS, said.
ILFS’ markets are Europe and North America. When the Smolt RAS and the grow-out project in Vestmannaeyjar has been completed, the plan is to produce 10,000 tons of Atlantic Salmon a year in the first phase of production. During the second phase, they aim to double this amount.
The contract with ILFS comes after AKVA signed a deal with
“We have chosen to focus on local suppliers in connection with the build-out and they have proven to be both professional and competitive,” General Manager John Morten Abelsen in Kvarøy Smolt, said.
“We have had a great collaboration with Kvarøy in connection with the ongoing upgrading and rebuilding of the hatchery facility, and we look forward to continuing that well into 2023,” General Manager Arnt-Magne Villain of AKVA group Land Based Norway said.
With the latest upgrades, Kvarøy Smolt will exceed NOK 200 million (€20 million) in investments in the hatchery facilities in recent years. AKVA will begin its latest work towards the end of the year, with around 6 months needed for installation.