Wed. Dec 6th, 2023

Ottawa unlocks 125 ;million for a green hydrogen project in N.-É.

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The entrance to the EverWind wind farm facility at Point Tupper. (Archive photo)

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EverWind Fuels plans to produce green hydrogen using wind and solar energy, a project that could see the light of day thanks to $125 million in federal support.

Ottawa announced Friday that it had granted financing to the company, which plans to develop the project at Pointe Tupper, in Cape Breton.

EverWind has already invested $200 million for its project and Ottawa's money will be used to finalize the design of the factory.

Central Nova MP Sean Fraser was warmly applauded by approximately 50 local councilors and business representatives in attendance during the announcement at the Port Hawkesbury Civic Centre.

The hydrogen produced by EverWind could in particular be exported abroad, notably to Germany, which has already concluded agreements with Canada for this purpose, he said. he explains.

Negotiations are also underway to develop storage and distribution capacity in Nova Scotia.

According to the CEO of EverWind Fuels, Trent Vichie, this network is however planned in a second phase of the project.

According to Sean Fraser and Trent Vichie, the project will create thousands of jobs in Cape Breton as well as elsewhere in the province.

We hope that the region will be a world leader in this field and that will bring home some people who work in the west of the country, launched Trent Vichie.

EverWind Fuels will use wind and solar energy to extract hydrogen from water drawn from Lake Landrie.

The company aims to become the country's first green hydrogen and ammonia facility. The plant could produce more than 200,000 tonnes of green ammonia each year from 2025.

Preparation work on the site has already started .

Based on reporting by Tom Ayers,CBC

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