Red Sea Development Company Produces Sustainable Seafood from Sunlight

The signing ceremony of MoU between the Red Sea Development Company and Blue Planet Ecosystems (TRSDC)
The signing ceremony of MoU between the Red Sea Development Company and Blue Planet Ecosystems (TRSDC)
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Red Sea Development Company Produces Sustainable Seafood from Sunlight

The signing ceremony of MoU between the Red Sea Development Company and Blue Planet Ecosystems (TRSDC)
The signing ceremony of MoU between the Red Sea Development Company and Blue Planet Ecosystems (TRSDC)

The Red Sea Development Company (TRSDC) announced a solution proposed to produce sustainable seafood and algae in a desert environment.

TRSDC strives to explore innovative technology solutions in response to growing consumer demand for sustainable protein during their travel experiences and support regenerative ambitions.

CEO Joe Pagano indicated that this project would set a new global standard in sustainable, multitrophic desert aquaculture where the company can turn sunlight into seafood.

“The [LARA] system has a minimal environmental footprint and will aid in carbon sequestration for our flagship destination as well as future projects on the Red Sea coast in alignment with the company’s aspiration to achieve 100 percent carbon neutrality,” added Pagano.

The project is done in collaboration with Blue Planet Ecosystems (BPE).

The Land-based Automated Recirculating Aquaculture (LARA) system works by replicating natural aquatic ecosystems in a modular and automated system.

LARA converts CO2 directly into chemical-free seafood using phyto and zooplankton as transitional stages. It is constructed of a tower of three horizontal units.

Pagano explained that the top unit uses the sun’s energy to grow microalgae which powers the entire system. The microalgae are then moved to the subsequent division down, where it nourishes zooplankton. The zooplankton is then transported to the bottom unit, where fish eat it.



OSP Signs MoU with Hyundai Motor Company to Advance Technological Innovation in Sustainable Mobility

The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
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OSP Signs MoU with Hyundai Motor Company to Advance Technological Innovation in Sustainable Mobility

The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)

OSP (Oil Sustainability Program) signed a Memorandum of Understanding (MoU) with Hyundai Motor Company in Seoul, South Korea, marking a significant step towards strengthening innovation in the transportation sector and promoting the adoption of advanced, environmentally friendly technological mobility solutions. 

The MoU outlines the development of advanced automotive technologies, including enhancements to hybrid powertrain systems, internal combustion engine (ICE) technologies, and emission aftertreatment systems (EAS), with the aim of improving fuel efficiency and reducing emissions. The MoU also includes supporting innovations that enable the building of a sustainable mobility ecosystem that contributes to quality of life. 

The collaboration supports the Kingdom of Saudi Arabia’s broader environmental vision through the deployment of advanced technologies and innovations in the transportation sector, while advocating for effective practices across different mobility solutions to help reach net zero ambitions. It also reflects the shared commitment of both countries to push boundaries of innovation and advance more efficient and sustainable mobility solutions.