Fish farm solar energy pioneer will bring power to the people
Inseanergy changes name as it embarks on expansion beyond the aquaculture sector
Inseaenergy, which supplies floating solar power solutions for fish farmers, has re-branded to reflect its ambition to move beyond the aquaculture sector. The Norwegian company is now called Alotta.
Since its inception in 2020, Ålesund-based Alotta has focused on the aquaculture industry, using redundant net pen float collars to support flexible solar panels. Moored at fish farms, the floating solar stations make it possible to replace the use of diesel generators and reduce emissions.
Now, the company is expanding its activities and intends to become a leading global player in decentralised renewable energy.
“It has been an adventure so far. Our growth has opened up a global space of opportunities for the company that our former identity did not embrace,” said Alotta chief executive Kari-Elin Hildre.
Alotta said its work with the aquaculture industry had proved the significant potential of its solutions. Alotta can completely, or partially, replace fossil power in areas where there is limited access to renewable alternatives, including island communities with limited land area and power infrastructure.
Worldwide, there are over 1,000 inhabited islands with a total population of more than 65 million. These islands, known as small island developing states (SIDS), typically rely on imported fossil energy sources for their electricity, said Alotta.
Renewable solutions
Decentralised, renewable energy solutions are crucial for meeting future energy needs, without hindering economic growth and welfare. Alotta said its solutions will not only provide electricity to homes, schools, and hospitals but also create opportunities for development while preserving the vulnerable ecosystems and natural environments that these communities depend on.
“For island communities, this means more than just electricity - it means independence, and sparks hope for a sustainable future,” said Alotta founder Jan Erik Våge Klepp.
Alotta has a strategic partnership with global aquaculture supplier AKVA Group, among others, and raised NOK 30 million (£2.1m) in a funding round in February from impact investor Norselab and industrial investment company Umoe, which holds a 30.3% stake in the company.
Klepp said Alotta is expanding into new markets and finalising agreements with international clients.
“We are commencing installations at several sites in Norway and are in final negotiations with clients in other parts of the world,” he added.
