Abraxas Power Corp. and its subsidiary EVREC have received positive news regarding their Green Energy Hub project in Botwood, Newfoundland and Labrador. The Department of Environment and Climate Change has approved the advancement of the project to the next stage, requiring the submission of an Environmental Impact Statement. This move signifies a step forward in the responsible development of the project, with a focus on transparency and collaboration with stakeholders, regulators, and the public. EVREC's Power-to-X project plans to incorporate over 3 gigawatts of onshore wind capacity for the production of green hydrogen and green ammonia, aiming to generate significant amounts of both annually. The project is not only beneficial for clean energy solutions but also for job creation, economic stimulation, and community partnerships in the region. EVREC's dedication to sustainability and integrity in all aspects of its work highlights its commitment to environmental responsibility and social impact.