Norwegian land-based aquaculture company Salmon Evolution is expecting the Phase 2 expansion of its Indre Harøy facility to be a gamechanger for the company.
Delivering the firm’s Q1 2025 financial results, Salmon Evolution CEO Trond Håkon Schaug-Pettersen said that the groundbreaking expansion is progressing on time and on budget, with 10 months left until the first stocking of the facility is expected to take place.
If the project continues to progress as expected, the facility will produce its first harvest in the fourth quarter of 2026, Schaug-Pettersen confirmed, with Phase 2 expected to eventually add 10,100 metric tons (MT) of head-on-gutted (HOG) capacity, thereby increasing Indre Harøy’s production capacity from 7,900 MT to approximately 18,000 MT HOG.
“We're very confident that Phase 2 will be even better than Phase 1 in the same way that Phase 3 will eventually be even better than Phase 2,” he said. “That's one of the beauties in this industry; there's always room for improvement.”
By the end of Phase 3, Salmon Evolution will have a production capacity of 36,000 MT HOG at Indre Harøy.
Though the company is looking toward the future, it also just concluded a successful Q1 2025 in terms of production, setting a new record by increasing its standing biomass 45 percent from the preceding quarter to 2,939 MT of live weight. It also achieved a new best in terms of net biomass growth, with its 1,624 MT up 7 percent from Q4 2024...
