Salmon farming giant Mowi says it plans on investing NOK 3.1 billion ($360 million/€323 million) into a new subsea farming method that will protect fish from sea lice while helping the company take advantage of optimal growing conditions, according to IntraFish sister publication Tekfisk.

The project, dubbed Aquastorm, is under application as part of Norway's development license scheme.

The Aquastorm system raises fish at far deeper levels than conventional farms.