Canada's EverWind Fuels Plans $C8 Billion Hydrogen and Ammonia Complex in Newfoundland and Labrador
Key Ideas
  • EverWind Fuels is seeking approval to build a $C8 billion production complex in Newfoundland and Labrador for green hydrogen and ammonia, fueled by new wind energy turbines.
  • Canada and Germany have agreed to jointly invest about $400 million in subsidies to boost construction of facilities for manufacturing and exporting green ammonia.
  • The project involves constructing onshore wind farms, a green ammonia facility, and an upgraded deep-water port in Nova Scotia, with operations set to begin by late 2025.
  • Canada's federal hydrogen strategy aims for low-carbon hydrogen to achieve a net-zero emissions goal by 2050, with 80 hydrogen production projects announced since 2020.
EverWind Fuels, a Nova Scotia-based developer, is planning to invest at least $10 billion in two phases to build and operate three onshore wind farms in the province, along with a green ammonia facility in Newfoundland and Labrador. The project is set to manufacture and export green ammonia, with an initial focus on supplying German energy companies. The development follows a hydrogen trade pact between Canada and Germany to promote decarbonization. The project's first phase, estimated at $2.5 billion, has received approval and aims to commence operations by late 2025, with ammonia production starting in 2026. The facility will utilize cutting-edge electrolyzers and ammonia synthesis technology powered by nearby wind farms and water sources. Additionally, a separate ammonia plant in Newfoundland, on the Burin Peninsula, is being planned as a larger facility estimated at $C8 billion. With ambitions to develop 15GW of renewables across Atlantic Canada, EverWind Fuels is also considering offshore wind turbines in the region. The project's growth has sparked concerns among some local residents regarding the export of clean energy resources when the province still heavily relies on fossil fuels for power generation. The broader Canadian federal hydrogen strategy, initiated in 2020, aims to promote low-carbon hydrogen production to achieve net-zero emissions by 2050. Despite the progress, challenges remain as only a small percentage of green hydrogen projects are projected to come online before 2030, according to the International Energy Agency's latest renewables market report.
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