World Energy GH2 is spearheading a significant green hydrogen and ammonia production venture in Placentia Bay, Newfoundland and Labrador. The project, backed by the Government of Newfoundland and Labrador, represents a pivotal shift away from traditional oil and gas industries towards more sustainable energy practices and a diversified economic landscape. Currently undergoing environmental assessments and feasibility studies, the initiative is poised to utilize wind energy to power electrolysis, a process vital for producing clean hydrogen by splitting water molecules. The resulting hydrogen may be either exported directly or converted into ammonia for more convenient transportation. Placentia Bay finds itself at the forefront of hydrogen innovation, amidst a growing interest in renewable energy ventures across Atlantic Canada. With substantial provincial support, an abundance of underutilized wind resources, and ambitious aspirations to lead in global hydrogen exports, the project is positioning the region as a significant player in the expanding global hydrogen economy.