Tunley Environmental and Algapelago will put an innovative modular cultivation structure developed by Arctic Seaweed, located off the coast of North Devon, England.
Founder Briana Warner is stepping down at the end of January, with experienced seafood industry executive Mikel Durham announced as the Maine company's new interim CEO.
Part of the funding is earmarked for projects demonstrating the feasibility and environmental benefits of regenerative ocean farming, including seaweed and shellfish farming, while spurring algae inno ...
The first phase of North Sea Farm 1 was completed during August, with seeding and installation due to begin mid-October. The facility is planned to become operational by the end of 2024.