Quality Salmon and the Circular Industry Model of RAS Development

Last year, Roy Høiås, the owner and CEO of seafood-industry financing firm Lighthouse Finance, launched Quality Salmon with the goal of building one of the largest and most modern salmon aquaculture facilities in the world. Quality Salmon is the centerpiece of a recirculating aquaculture system (RAS) fish farming complex that will span 75 hectares in Sotenäs, Sweden. The project is founded on a circular industry model – besides 100,000 metric tons of farming capacity, the project also includes feed production and processing plants, a byproducts biorefinery, a wastewater treatment facility, a solar energy plant, and other auxiliary services designed around an “integrated industry solution [that] paves the grounds for the highest salmon quality and lowest operating cost the market has seen in high-volume production,” according to Høiås. In this webinar, Høiås will discuss the benefits and difficulties of the circular industry model for RAS development, and give an update on the status of the project.

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