Seafood Companies Receive Climate Change Funding

NOTE: The list of funding recipients and projects follows this release.

The Province is supporting 22 seafood companies and related organizations throughout Nova Scotia to support efforts in lowering their carbon emissions.

The Fisheries and Aquaculture Energy Efficiency Innovation Fund is investing $1.73 million in projects that range from electrifying vessels to installing solar systems.

"Our seafood sector is a key partner in addressing climate change,” said Kent Smith, Minister of Fisheries and Aquaculture. “This funding will help seafood organizations in their efforts to reduce fossil fuel consumption and greenhouse gas emissions, while also helping the industry lower its operational costs.”

The three-year fund, administered by Efficiency Nova Scotia, will provide a total of $6.5 million to industry climate change projects.

There will be a third call for project funding applications later this year.

Quotes:

“Nova Scotia’s fisheries and aquaculture industry is a cornerstone of our economy, supporting jobs and communities across the province. Energy efficiency is a powerful way for organizations in the sector to reduce costs and boost productivity both in the short and long term – and this fund is helping more businesses adopt innovative, energy-efficient practices that support a more resilient and sustainable future. We’re excited to see the initiatives from these new fund recipients come to life, driving innovation and sustainability across the sector.”
— Stephen MacDonald, President and CEO, EfficiencyOne

“Nova Scotia produces the best seafood in the world and the investments announced today will help make our processing sector more efficient and productive. With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home. These investments show that the Province understands these challenges and is working to grow the sector.”
— Ian McIsaac, President, Seafood Producers Association of Nova Scotia

Quick Facts:

• 36 projects have received funding to date through the Fisheries and Aquaculture Energy Efficiency Innovation Fund, totalling $3.54 million
• the fund is a commitment in Our Climate, Our Future: Nova Scotia’s Climate Change Plan for Clean Growth
• the Department of Energy provided $2 million to the fund
• the Nova Scotia Fisheries and Aquaculture Loan Board will make available $10 million over three years in dedicated lending to support eligible applicants

Additional Resources:

Fisheries and Aquaculture Energy Efficiency Innovation Fund: https://www.efficiencyns.ca/business/business-types/agriculture/fisheries-and-aquaculture-energy-efficiency-innovation-fund/

Nova Scotia Fisheries and Aquaculture Loan Board lending program: https://nsfishloan.ca/energy-efficiency

Our Climate, Our Future: Nova Scotia’s Climate Change Plan for Clean Growth: https://climatechange.novascotia.ca/sites/default/files/uploads/ns-climate-change-plan.pdf

Approved projects:

• Mersey Seafoods – $28,000 toward wharf electrification infrastructure to eliminate idling of three vessels while tied up at the wharf

• Waycobah First Nation – $18,953 for data logging on lobster vessel to explore potential for future vessel electrification

• Membertou Fisheries Ltd. Partnership – $250,000 for charging infrastructure to support electric lobster vessel

• Asadalia Fisheries – $250,000 for a hybrid diesel-electric lobster vessel

• Canadian Red Crab Co. Ltd. – $38,500 for a two-degree heat exchanger in their live lobster holding facility, to reduce refrigeration loads

• Saww Lobster Inc. – $18,000 for a floating head condenser refrigeration for their live lobster holding facility

• RRPM Lobster Inc. – $97,500 for floating head refrigeration and two-degree heat exchanger for the refurbishment of their lobster pound

• Twin Seafood Ltd. – $52,500 for floating head refrigeration in their live lobster holding facility

• Deep Cove Aqua Farms Ltd. – $100,000 for floating head refrigeration and two-degree heat exchanger to expand their live lobster holding capacity

• Lobster Hub Inc. – $100,000 for floating head refrigeration and two-degree heat exchanger for a new lobster pound

• Age Lobster Inc. – $25,000 to add floating head refrigeration and two-degree heat exchanger to their currently unrefrigerated tanks

• Emery Smith Fisheries Ltd. – $100,000 for floating head refrigeration, two-degree heat exchanger and settling tank to assist with water level issues at their live lobster holding facility

• Fisherman’s Market International Inc. – $35,000 for floating head refrigeration in their live lobster holding facility to help reduce their electrical load

• Hot Lobster Fisheries Ltd. – $56,984 for a ground-mounted solar photovoltaic system to offset their lobster processing facility

• Hailmar Investments Ltd. – $100,000 for a roof-mounted solar photovoltaic system to offset their electrical load at their lobster pound

• South Shore Lobster Ltd. – $87,155 for a roof-mounted solar photovoltaic system to offset their electrical load at their lobster pound

• Shoal Cove Developments – $24,826 for a roof-mounted solar photovoltaic system at their marine/boat repair shop

• Shandaph Oysters Co. Inc. – $33,997 for a roof-mounted solar photovoltaic system with storage capability to electrify their off -grid aquaculture operations

• Ryan’s Fancy Fisheries Ltd. – $67,571 for a roof-mounted solar photovoltaic system on infrastructure supporting their commercial fishing operations at two sites

• Innovative Fishery Products – $95,165 for a ground-mounted solar photovoltaic system at their operational facility

• Aqualitas Inc. – $100,000 for a ground-mounted solar photovoltaic system at their finfish aquaculture facility

• Right Source Group Ltd. – $50,867 for a roof-mounted solar photovoltaic system at their seafood processing facility