The Exploits Valley Renewable Energy Corporation (EVREC) Green Hydrogen Project in Central Newfoundland has received approval from the Newfoundland and Labrador Department of Environment and Climate Change to advance to the next stage of development. The Department's recommendation for an Environmental Impact Statement (EIS) signifies a step forward in the responsible development of the Project in the Botwood, NL area. EVREC's commitment to collaborating with stakeholders, regulators, and the public remains strong as they move forward with providing detailed information on the Project's scope, environmental impact, and various components. The CEO of Abraxas Power Corp., J. Colter Eadie, expressed gratitude for the Department's support and emphasized the importance of maintaining transparency and engagement throughout the Project's progression. The Green Energy Hub project includes plans for onshore wind capacity, energy storage, and the production of green hydrogen and green ammonia. With an ambitious goal of generating 200,000 tons of green hydrogen and 1,000,000 tons of green ammonia annually, EVREC aims to contribute to sustainable energy solutions and economic growth while creating employment opportunities and benefiting local economies. The Project's significant capital investment of CAD$12 billion is expected to have wide-ranging economic impacts, including boosting provincial GDP, employment income, and tax revenue. The Economic Impact Assessment highlights the potential for job creation, increased household spending, and substantial tax contributions over the Project's lifespan. As EVREC progresses through pre-construction activities and environmental assessments, their dedication to integrity and responsible development shines through. The Project's focus on sustainability, community partnerships, and economic benefits positions it as a key driver for clean energy advancements in the region.