Industry update News
Nordic Aqua to start fish feed in China RAS facility in May

Nordic Aqua Partners AS said that its recirculating aquaculture system (RAS) project in China is on-time and on-budget and that the company expects to commence its first feeding in May this year.

“Project execution has been excellent, and we are very satisfied with the progress at the construction site. With the first inlay of eggs and start of first feeding completed, we are gradually evolving from a pure project company to a farming company,” the company’s first quarter report for 2022 quoted Ragnar Joensen, chairman of Nordic Aqua, as saying. “The project continues to run according to the original plan.”

Nordic Aqua began work in its China RAS facility in 2021. The company raised raised $65.4 million to kick off the project and commissioned AKVA Group to build its RAS.

The company had its first inlay of 350,000 eggs in March. A total of  four inlays were scheduled for this year. The company expects to generate 4,000 tons (HOG) salmon, with first harvest planned for in Q1, 2024.

Stage 1 of the project continues to develop on time and within budget. Since completion of the building containing administration, hatchery, and RAS 1, 2 and 3 (“the small building”) in late 2022, focus has been on installation and commissioning of the RAS process equipment, the report said. RAS 1 was completed and commissioned on schedule, and fish was moved into the facility in May to start feeding. Installation of RAS 2 is in process, and installation of RAS 3 is scheduled to start in June.

Nordic Aqua has also signed a contract with a local energy bureau for installation of solar panels on the roof of the facility, which will produce 25 percent of the required energy for Stage 1 at Gaotang Island. The rest of the energy will be sourced from the local 400 GWh solar and wind power facility in Gaotang.