# Amazon grants 1.5 million euros to Dutch seaweed farm project
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-02-16
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Amazon funds Dutch seaweed project in offshore wind farms
Meta Description: Discover how Amazon is investing in sustainable seaweed farming between offshore wind turbines in the Netherlands for carbon capture.
URL: https://financedigest.com/amazon-grants-1-5-million-euros-to-dutch-seaweed-farm-projecthtml

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AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farms, the company and organisers said on Thursday.

The project, led by non-profit group North Sea Farmers, will also research the potential of using seaweed for carbon capture.

Hundreds of thousands of hectares (acres) of the Dutch North Sea have been earmarked for wind parks as the government seeks to build 21 gigawatts of offshore wind power by 2030 and will be closed for shipping. The spaces between the turbines will be mostly unused.

Other projects are looking at the feasibility of operating floating [solar panels](https://www.financedigest.com/ahold-turns-to-solar-panels-lowers-thermostats-to-save-energy.html "Ahold turns to solar panels, lowers thermostats to save energy") between the turbines.

The Amazon grant will used to build a 10 hectare seaweed farm, called [North Sea](https://www.financedigest.com/offshore-crews-to-strike-on-bps-north-sea-installations-says-unite.html "Offshore crews to strike on BP’s North Sea installations, says Unite") Farm 1, which organisers said would be finished by the end of 2023 and would produce about 6,000 kgs of fresh seaweed annually.

($1 = 0.9339 euros)

(Reporting by Toby Sterling; Editing by Edmund Blair)


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