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President Andy Schnare at Deep Cove Ocean Products, which has received funding to install floating head refrigeration and a heat exchanger in its lobster holding and processing facility in Blandford, Lunenburg County. (Province of Nova Scotia)
The Province is helping 20 seafood and aquaculture companies across Nova Scotia reduce their fossil fuel use and greenhouse gas emissions.
The $2.22-million investment is the third round of funding through the Fisheries and Aquaculture Energy Efficiency Innovation Fund to help companies adopt innovative technology.
“The seafood sector is a pillar of Nova Scotia’s economy and culture, and we’re thrilled to offer this support,” said Kent Smith, Minister of Fisheries and Aquaculture. “The energy efficiency technology that organizations are able to adopt with this funding decreases their carbon footprints and reduces their operational costs. It’s a win-win.”
The three-year fund, administered by Efficiency Nova Scotia, will provide a total of $6.5 million to industry climate change projects, from installing solar panels to outfitting fishing boats with hybrid propulsion systems.
The fourth round of funding is now open for applications.
“Nova Scotia’s fisheries and aquaculture sector is an essential part of our economy and our communities. By supporting innovative, energy efficient solutions, we’re helping businesses strengthen their long-term competitiveness while reducing operating costs and preparing for a lower-carbon future. We’ve seen first-hand the sector’s willingness to embrace new technologies and approaches, and we’re excited to support the next wave of projects that will help build a more competitive and resilient industry.”
— Martha Casey, interim President and CEO, Efficiency One
“The funding received from FAEEIF has not only provided immediate savings in energy costs and reduced our carbon footprint but has set us on a path to continue investing in energy-saving equipment. Deep Cove is putting together an energy-reducing technology program that we hope, in less than three years, makes our business net zero and saves us hundreds of thousands of dollars over the next 15 years.”
— Andy Schnare, President, Deep Cove Ocean Products
“Like many businesses in Nova Scotia, aquaculture companies are looking at how they can reduce emissions, employ renewable energy options and lower their operating costs long term. Investments like the ones announced today for Town Point Oysters and Aqua Production Systems are great examples of how – at home and at work – we can all play a role in making decisions that use new ways of having an impact while doing everyday actions.”
— Jeff Bishop, Executive Director, Aquaculture Association of Nova Scotia
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
Funding recipients and projects:

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