Abraxas Power Corp. Achieves Pre-Certification for Green Hydrogen and Ammonia Project in Newfoundland
Key Ideas
  • EVREC's project in Newfoundland achieves pre-certification for its green hydrogen and ammonia under the latest European regulatory framework, demonstrating commitment to sustainable energy solutions.
  • The project is set to generate over 3 GW of onshore wind and solar energy, produce nearly 200,000 tonnes of green hydrogen, and export green ammonia to global markets, primarily Western Europe.
  • The CAD $12 billion investment into Newfoundland and Labrador is expected to boost the province's GDP, create skilled jobs, and position it as a leader in the green energy economy.
  • Abraxas Power's achievement of RFNBO pre-certification showcases its dedication to driving energy sector change, supporting global climate goals, and advancing sustainability through innovative solutions.
Abraxas Power Corp. and its subsidiary, Exploits Valley Renewable Energy Corporation (EVREC), have announced the pre-certification of their green hydrogen and green ammonia project in Newfoundland under the European Commission's regulatory framework. The EVREC project, located in central Newfoundland, aims to pioneer a mega power-to-X project generating renewable energy and producing green hydrogen and ammonia for global markets. The project's pre-certification for Renewable Fuels of Non-Biological Origin (RFNBO) highlights Abraxas' commitment to advancing sustainable energy solutions. EVREC's innovative approach involves utilizing onshore wind and solar energy to produce green hydrogen and green ammonia, contributing to global sustainability goals. The project's economic impact includes a significant investment, job creation, and positioning Newfoundland and Labrador as a leader in the green energy economy. Achieving RFNBO pre-certification aligns EVREC with regulatory standards, ensuring environmental responsibility and facilitating market integration. Abraxas Power's COO emphasized the milestone as validation of their dedication to clean energy production and support for global climate goals. The team's extensive experience in energy transition projects and strategic partnerships underpin their success in driving meaningful change in the energy sector.
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