This interview details Novus Earth, an indoor farming technology company based in Canada. The interview is with Jeff Messner, President & Co-Founder of Novus Earth.
Novus Earth started as a Covid-19 project. I was taking courses in Renewable Energy and Conservation and one of the projects was to create a business plan for a renewable company. Once the school project was completed, I continued with the business plan until it got to the point where it needed to be executed.
There were lots of conversations with oil and gas professionals (drilling engineers, well planners, service companies, etc) to check the validity of what we were offering and once the feasibility was positive we began to bring on people who could help. The original idea was to develop the geothermal to provide electricity and hot water to our vertical farm, but we quickly pivoted to just focus on the geothermal for other CEA operators instead.
There is always regulatory uncertainty that affects projects like this. In Alberta, they recently passed geothermal legislation and the corresponding regulations to go with it, which provides a lot of stability to what we’re doing. The current political unrest with Carbon Credits, a part that greatly improves the economics of our system, adds to uncertainty in investment and development.
Conventional geothermal has been around for a long time, starting with Larderello, Italy which was completed in 1913 and still operating. The problem with conventional geothermal is that it requires very specific conditions to work. Novus Earth is an Advanced Geothermal System (AGS) developer; AGS allows for a location-agnostic system that can be places anywhere in the world. Some areas are more economical than others, but the system itself can be installed anywhere. On top of that, we have a proprietary well design that is more efficient at extracting energy from the ground than any other system.
Our CEA partner, Freshbay Inc., is planning on an indoor space equal to ~20 acres in their first phase. The first phase will be all strawberries with following phases exploring other products.
The plan in this project is to add a natural gas co-gen power plant to the location. The combination of the co-gen and geothermal work in tandem to provide the electricity, heat and CO2 to the greenhouses, and all with better economics.
Because all of the power (thermal and electricity) will be created by Novus Earth and/or Freshbay, we’re able to control our energy costs. There is a much higher CAPEX that goes with this, obviously, but the pay off is in 4-5 years and is able to provide energy for 50+ years.
Our website is www.novusearth.ca and our email is info@novusearth.ca
This interview details Pipp Horticulture, an indoor farming company based in the United States. The interview is with Curtis Dadian, Director of Business Development of Pipp Horticulture. To learn more about Pipp Horticulture and other indoor farming companies, click on this link!
View Full InterviewThis interview details Farm Urban, an indoor farming company based in the UK. The interview is with Jens Thomas, Technical Director and Co-Founder of Farm Urban. To learn more about Farm Urban and other indoor farming companies, click on this link!
View Full InterviewThis interview details Greener Crop, an indoor farming company based in UAE. The interview is with Alexander Kappes, CEO of Greener Crop. To learn more about Greener Crop and other indoor farming companies, click on this link!
View Full InterviewThis interview details GrowDirector, an indoor farming technology company based in Israel. The interview is with Pavel Razbegaev, Business Development Manager at GrowDirector. To learn more about GrowDirector and other indoor farming companies, click on this link!
View Full InterviewThis interview details Freshbay, an indoor farming company based in Canada. The interview is with Vic Reddy, CEO of Freshbay. To learn more about Freshbay and other indoor farming companies, click on this link!
View Full InterviewThis interview details Click & Grow, an indoor farming company based in the Estonia. The interview is with Mattias Lepp, founder of Click & Grow. To learn more about Click and Grow & other indoor farming companies, click on this link!
View Full InterviewThis interview details Ultra Yield Solutions, an indoor farming technology company based in the United States. The interview is with Andy Montgomery, President of Ultra Yield Solutions. To learn more about Ultra Yield Solutions and other indoor farming companies, click on this link!
View Full InterviewThis interview details Ketos, an indoor farming technology company based in the United States. The interview is with Steve Shaffer, SVP, Marketing of Ketos. To learn more about Ketos and other indoor farming technology companies, click on this link!
View Full InterviewThis interview details Moonflower Farms, an indoor farming company based in The United States. The interview is with Federico Marques, CEO of Moonflower Farms. To learn more about Moonflower Farms and other indoor farming companies, click on this link!
View Full InterviewThis interview details YesHealth Group, an indoor farming company based in Taiwan. The interview is with Jesper Hansen, Chief Commercial Officer of YesHealth Group. To learn more about YesHealth Group and other indoor farming companies, click on this link!
View Full Interview