CWP Global and Corner Brook Port Corporation Partner to Develop Green Hydrogen Hub in Newfoundland and Labrador
Key Ideas
- CWP Global and Corner Brook Port Corporation have signed a memorandum of understanding to develop a green hydrogen hub known as Project Gwinya in Newfoundland and Labrador.
- The project will be located at the Port of Corner Brook and will include a hot briquetted iron (HBI) plant, creating new jobs and boosting local economic activity.
- Project Gwinya aims to use up to 5 GW of wind energy to produce green hydrogen and green iron, providing significant long-term benefits to the region.
Serbia-headquartered renewable energy developer CWP Global has partnered with Canada-based Corner Brook Port Corporation to establish a green hydrogen hub, Project Gwinya, in Newfoundland and Labrador. The project, to be located at the industrial port in Corner Brook, aims to boost local economic activity and create new jobs by incorporating a hot briquetted iron (HBI) plant. Project Gwinya will utilize up to 5 GW of wind energy to produce green hydrogen and green iron. This initiative signifies a significant step towards sustainable energy development in the region, highlighting the potential for green hydrogen to drive economic growth and environmental benefits in Newfoundland and Labrador.