Green Transition Fund Supports Six New Projects

Press Release

September 12, 2025

Through the Green Transition Fund, the Honourable Steve Crocker, Minister of Industry, Energy and Technology, today announced over $519,000 to support six green projects throughout the province.

Through the expression of interest process, six new projects have been approved for funding. These include:

• A1 Hunts Twin Lakes Inc. – $14,157
• Fisheries and Marine Institute of Memorial University – $19,985
• HoldfastNL Seaweed Company – $110,000
• Larch Grove Farm Ltd. – $71,512
• Faculty of Engineering and Applied Science, Memorial University – $45,816
• Newfoundland Power Inc. (Mysa Smart Thermostat) – $258,400

Details about the projects are provided in the backgrounder below.

The Green Transition Fund aims to propel the development of environmentally sustainable business practices and clean technologies in the province and position Newfoundland and Labrador as a leader in the global green transition. This fund supports the greening of commercial operations, research and development, manufacturing and extractive resource development, and other areas that help transition to a greener economy.

There has been significant interest shown in the Provincial Government’s Green Transition Fund with over $12.7 million in funding approved. To date, throughout the province there have been 40 projects approved and 18 are currently under assessment by the department. This funding has leveraged significant investment from the Federal Government and private sources.

Quote
“These latest investments from the Green Transition Fund demonstrate that Newfoundland and Labrador businesses and organizations are embracing the challenge of decarbonization. We remain committed to supporting initiatives that strengthen our green economy and position our province as a leader in the global energy transition.”
Honourable Steve Crocker
Minister of Industry, Energy and Technology

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BACKGROUNDER

A1 Hunts Twin Lakes Inc.
A1 Hunts Twin Lakes Inc., providing hunting experiences for over 30 years, is receiving $14,157 in funding. The project involves the installation of a solar-panel system which will replace fossil-fuel-powered generators currently used to operate the business. By transitioning to solar energy, A1 Hunts will reduce its fuel consumption by up to 70 per cent in 2025, with further reductions anticipated in subsequent years. This one-time investment will lead to long-term financial savings, reduced fuel costs and significantly reduced environmental impact. This project will contribute to the economic development of the region through job creation, operational growth and a stronger year-round tourism product.

Fisheries and Marine Institute of Memorial University
The Fisheries and Marine Institute (MI) is receiving almost $20,000 to enhance its existing engine room laboratories through the installation of two modern diesel engines. This enhancement will contribute to the green transition in the marine sector by enabling MI to deliver enhanced education and applied research in alternative marine fuels, including electrification, renewable diesel, and emerging options such as methanol and hydrogen. The enhanced engine lab space will also provide researchers, students and industry partners with the infrastructure required to test, adopt and commercialize green propulsion systems and support the shift to clean maritime operations. This work reinforces MI’s role in driving innovation and supporting the broader sustainability goals set out by both provincial and federal governments.

HoldfastNL Seaweed Company
Operating since 2023, HoldfastNL is receiving $110,000 for the installation of a temporary seaweed curtain system in Conception Bay South. This pilot system uses native seaweed species as a natural wastewater treatment, offering a sustainable, nature-based solution for improving coastal water quality. The seaweed biofilter could serve as a viable solution for enhancing water quality at saltwater wastewater outfalls. This project could be a replicable model for other municipalities as well as provide social and economic growth in the form of cooperation and potential employment opportunities between government, communities and research institutions.

Larch Grove Farm Ltd
Larch Grove Farm Ltd., a sixth-generation dairy farm located in Cormack, is receiving $71,512 to modernize its manure handling system. Producing over four million litres of milk annually with a herd of 320 Holstein cows, the farm operates with five state-of-the-art robotic milking systems in a recently completed 54,000 square foot energy-efficient dairy facility. These upgrades are focused on reducing greenhouse gas emissions, transitioning to clean energy sources, improving soil health and promoting more efficient nutrient management practices on the farm. By replacing an aging diesel pumping system with an electric alternative and integrating precision application equipment, the farm will reduce fuel use, improve manure distribution accuracy, and minimize environmental risks such as nutrient runoff.

Faculty of Engineering and Applied Science, Memorial University
The Faculty of Engineering and Applied Science is receiving $45,816 to offer an internship program to students in grades 11 and 12 to educate and provide exposure to labour opportunities in green and sustainable processing of energy and mineral resources. This project will assist with future labour force development for the mining, critical minerals and green processing sectors of the Newfoundland and Labrador economy. The project will focus on increased education and awareness of environmental issues affecting the sector and provide an understanding of practices and technology that can reduce those effects for future generations in the industry. Through the direct targeting of rural and Indigenous students for this program, the project further aims to promote future long-term employment opportunities for residents closest to major industry developments throughout the province.

Newfoundland Power Inc. (Mysa Smart Thermostat)
Newfoundland Power Inc. is receiving $258,400 to work in collaboration with Mysa on a pilot program using Mysa smart thermostats. The project will evaluate the effectiveness of the thermostats in managing electric baseboard heating loads during critical winter peak periods through demand response events on the Island of Newfoundland. The pilot will explore customer comfort and satisfaction, load-shifting potential and overall system benefits. Utilizing Mysa smart thermostats, which are specifically designed for electric baseboard heating, the pilot will demonstrate how intelligent energy management can reduce reliance on fossil fuel generation, contribute to greenhouse gas emissions reductions, and support the development of a Virtual Power Plant strategy for Newfoundland and Labrador.

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