EverWind Fuels Secures Funding for Green Hydrogen Export Infrastructure in Nova Scotia
Key Ideas
- EverWind Fuels secured CAD $22.5m in funding to enhance marine and port infrastructure in Nova Scotia for the export of green hydrogen.
- The project aims to produce 240,000 tonnes of green ammonia per year and start production by 2026, targeting the European market.
- Canada's collaboration with Germany in the hydrogen sector, including a recent CAD $300m pledge, highlights the country's commitment to becoming a hydrogen supplier to Europe.
- The investment is expected to accelerate the development of the Point Tupper project and position Nova Scotia as a global leader in reducing emissions from transportation sectors.
EverWind Fuels has received CAD $22.5m in funding to support marine and port infrastructure developments at its Point Tupper project in Nova Scotia, Canada. The investment, provided through Transport Canada’s Green Shipping Corridor Fund, will be utilized to upgrade existing marine terminal infrastructure to handle green fuels, install a green ammonia loading arm, and establish green ammonia pipelines. The project's initial phase aims to produce 240,000 tonnes of green ammonia annually, with plans to commence production by 2026 for export to Europe, including an agreement with the Port of Rotterdam. EverWind's CEO expressed gratitude for the government's commitment to positioning Nova Scotia as a green energy shipping hub. Canada's collaboration with Germany in the hydrogen sector, demonstrated by a joint €400m commitment for a hydrogen import auction, aligns with efforts to meet European green hydrogen demand. The Canada-Germany Hydrogen Alliance aims to facilitate the first hydrogen exports by 2025. The investment is expected to expedite the Point Tupper project's development and solidify Nova Scotia's standing in emissions reduction within transportation. The article also mentions the increasing interest in hydrogen investments and the launch of hydrogen training modules to bridge the skills gap in the industry.
Topics
Projects
Funding
Green Energy
Export
Transportation Emissions
Marine Infrastructure
Canada-Germany Collaboration
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