Amazon to fund world's first commercial seaweed farm nestled between offshore wind turbines in EU

Published Feb 21, 2023

Tridge summary

A consortium led by North Sea Farmers (NSF), with funding from Amazon's Right Now Climate Fund, is planning to establish a seaweed farm in the North Sea. The initial investment of €1.5 million will establish a 10-hectare farm, with the potential to produce 6,000 kg of seaweed in the first year. The project aims to analyze the carbon removal potential of seaweed farming at large scales and create job opportunities. If successful, it could expand across the North Sea, potentially creating 85,000 jobs and helping combat climate change by removing millions of tons of CO2 until 2040.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farm project in the North Sea Source: Amazon The project, which will make the most of the space left between the wind turbines, is being managed by a consortium of researchers and partners from the seaweed industry, led by the nonprofit North Sea Farmers (NSF). It is expected to be put into operation by the end of this year. Amazon's funding for this farm will be €1.5 million and will come from the Right Now Climate Fund's global fund. The amount planned for this project, Amazon explains, will provide the necessary investment to build a 10-hectare seaweed farm that is expected to produce at least 6,000 kg of fresh seaweed in the first year. The company estimates that if the algae farm spreads throughout the North Sea, occupying millions of hectares of free space that exists in wind farms, it could potentially remove millions of tons of CO2 from the atmosphere per year until 2040. This funding, which will help North Sea farmers analyze and improve production capabilities, will also ...

Source: Fishretail