Copenhagen Infrastructure Partners (CIP) has recently acquired a 90% majority stake in ABO Energy's hydrogen project, Toqlukuti'k, located in Newfoundland, Canada. The project is set to utilize wind energy for the production of hydrogen and ammonia, with ABO retaining a 10% stake. The initiative aims to decarbonize production at the Braya Renewable Fuels refinery in Come-by-Chance and export ammonia. However, challenges have arisen as the refinery considers idling due to financial difficulties and uncertainties in biofuels policy. Despite the setback, the project plans to kick off construction in 2026. Newfoundland's advantageous wind resources and proximity to Europe have positioned it as a crucial player in Canada's hydrogen capacity development. Canada had previously signed a hydrogen supply agreement with Germany, but delays in project timelines and sluggish demand in Europe have hindered immediate exports. Another developer in Newfoundland is exploring alternate project locations due to slow market growth. The article highlights the evolving landscape of hydrogen projects and export markets, showcasing both the potential and challenges in transitioning towards cleaner energy sources.