NEW DEEP EARTH GEOTHERMAL POWERED CONTROLLED ENVIRONMENT AGRICULTURE PROJECT
HINTON, AB, Feb. 9, 2023 /CNW/ - Freshbay Inc. has a solution to Canada's need for genuine green energy and local production of fruits and vegetables. Freshbay is launching a large-scale, deep earth geothermal powered, 19-acre controlled environment agriculture (CEA) facility expected to begin operations in Hinton, Alberta, in January 2024. The project will use cutting-edge vertical farming technologies, greenhouses, and scientific horticulture procedures; in order to create 100% sustainable operations, to grow herbs, strawberries, and tropical fruits year-round.
The project will be the first of its kind in North America to harness deep earth geothermal energy to mass produce in remote regions. Freshbay is set to provide a major boost to the local economy, specifically by creating a projected 450 new full-time jobs.
Freshbay has strategic partnerships with the following companies:
- Novus Earth Energy has signed on as a strategic partner to manage drilling, installation and maintenance of the geothermal wells.
- Canada Banana Farms, a leading producer of exotic fruits, will manage growing fresh fruits while prioritizing sustainability.
- F&G Strategic Partners is arranging for the establishment of an appropriate funding structure, to provide the capital debt facility for the project.
Vic Reddy, CEO of Freshbay, commented: "This geo-agriculture project is being led by a strong, passionate geothermal energy team with strategic agriculture and tech partners. They are committed to delivering innovative, sustainable, and economically viable solutions. We are thrilled to launch this large-scale, deep earth geothermal agriculture project, which has the potential to revolutionize indoor farming. By harnessing the power of geothermal energy, we can create a genuinely sustainable and efficient solution for indoor agriculture, providing fresh, healthy produce all year round."
For more information, please contact [email protected].
Freshbay is a cutting-edge agriculture company that is revolutionizing indoor farming. Freshbay combines vertical farming, greenhouses, and sustainable energy sources to grow a variety of fresh herbs, strawberries, and tropical fruits year-round. The company is committed to providing fresh, healthy, and locally-sourced produce, grown using innovative techniques and without the use of harmful pesticides and chemicals. With a team of experts in geothermal energy, agriculture, and indoor farming, Freshbay is dedicated to delivering a sustainable, efficient, and economically viable solution for indoor agriculture, while also making a positive impact on the planet.
SOURCE Freshbay Inc.
Media Contact: Vic Reddy, CEO, Freshbay Inc., 800.430.4610, [email protected]
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