Breaking Ground: EVREC Project Secures Pre-Certification for Green Hydrogen and Ammonia in Newfoundland
Key Ideas
  • EVREC's pre-certification of green hydrogen and ammonia under the RFNBO scheme highlights a significant milestone in sustainable energy production.
  • The EVREC project in Newfoundland aims to produce 200,000 tonnes of green hydrogen and 1 million tonnes of green ammonia annually, contributing to a low-carbon future.
  • The project's expected investment of CAD $12 billion will boost the province's economy and create hundreds of skilled jobs, positioning Newfoundland and Labrador as a leader in the green energy sector.
  • Abraxas Power's commitment to driving meaningful change in the energy sector is reinforced by achieving pre-certification for green hydrogen and ammonia, accelerating the transition towards a sustainable future.
Abraxas Power Corp. and its subsidiary Exploits Valley Renewable Energy Corporation (EVREC) have announced the pre-certification of their EVREC project for green hydrogen and ammonia production in Newfoundland. EVREC's achievement of pre-certification under the Renewable Fuels of Non-Biological Origin (RFNBO) scheme by the European Commission demonstrates a commitment to sustainable energy solutions and leadership in the global shift towards a low-carbon future. The project, located in central Newfoundland, is set to generate over 3 GW of wind and solar energy, producing 200,000 tonnes of green hydrogen and 1 million tonnes of green ammonia annually. The certification process, supported by Hinicio and Bureau Veritas, ensures compliance with the European Renewable Energy Directive (RED II), positioning EVREC as a key player in the green energy sector. This milestone is expected to have a significant economic impact, with a projected CAD $12 billion investment, job creation, and GDP growth in Newfoundland and Labrador. Abraxas Power's COO emphasized the importance of this pre-certification in driving sustainable energy production and supporting global climate goals, highlighting the company's dedication to a greener future.
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