The negative effects of climate change have burdened humanity with the necessity of decarbonization by moving to clean and renewable sources of energy generation. While energy demand varies across the sectors, fisheries, including fishing and aquaculture, are among the most energy intensive processes in the food production industry. The synergistic opportunities for co-located aquaculture and renewable energy can thus provide a multifunctional use of space and resources, creating opportunities to meet the identified energy demands of a variety of aquaculture operations. This study has investigated a sustainable energy model for a small-scale shrimp farm in western Taiwan with synergies for the dual use of the water area for solar photovoltaic electricity generation and aquaculture. Based on the simulation results and SWOT analysis, recommendations have been made for the design and operation of a solar-powered aeration system for shrimp farms. The average monthly energy production of 32 MWh is attainable at the estimated canopy space on a carport by installing 896 solar modules on the proposed site, fully covering the power demand of the shrimp farm. These findings have significance for encouraging effective practices in deploying solar techniques in aquaculture and making them replicable in global settings.