EverWind Fuels Company has received Environmental Approval for the initial phase of its $6 billion, 1 million tonnes per annum green hydrogen and green ammonia project located in Point Tupper, Nova Scotia. The approval was issued today by the Honourable Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia.
EverWind remains on track to deliver green ammonia to German off-takers, E.ON and Uniper, by 2025, achieving the goals outlined in the historic Canada-Germany Hydrogen Alliance signed in August of 2022 by the Honourable Jonathan Wilkinson, Minister of Natural Resources Canada, and Vice-Chancellor Robert Habeck of Germany.
The Environmental Approval is a significant milestone for EverWind and its First Nations equity partners, Membertou, Paqtnkek (Bayside Development Corporation) and Potlotek. It paves the way for construction to commence in the first half of 2023. It is the first independent green hydrogen and green ammonia project in North America to receive an Environmental Approval, and amongst the first in the world.
In December 2022, EverWind was the successful proponent in a Provincial request for applications for Crown land and is now exclusively applying for leases on 137,000 acres of land to develop a 2GW onshore wind farm. The onshore wind is expected to power the second phase of its green hydrogen production facility by 2026.
EverWind acquired the Point Tupper terminal in early 2022. Its existing, operational marine terminal is the deepest ice-free berth on the East Coast of North America. The site has capacity to produce more than 10 million tonnes per year of green ammonia. The site, with approximately $1 billion of existing storage and logistics assets, is an ideal hydrogen hub and is connected via critical infrastructure including rail, road and pipelines, in addition to its port facility.
Trent Vichie, CEO and founder of EverWind welcomed the news from the government, saying: "As a first mover in Atlantic Canada, EverWind is establishing a globally competitive clean energy hub, unlocking the immense local, national, and international opportunities presented by green hydrogen and green fuels. The Environmental Approval announced today, will enhance the region's ability to create the first mover supply chains necessary to scale quickly in new markets. Furthermore, it creates the foundation of a new industry in Canada and Nova Scotia that will lead the green energy transition."
Laurel Broten, CEO of Invest in Canada, Canada's global investment attraction and promotion agency acknowledged the significance of today's announcement. "Hydrogen is a critical tool in the energy transition and in how we meet our net-zero goals by 2050. EverWind Fuels' planned hydrogen and ammonia project in Point Tupper, Nova Scotia is an example of the transformative benefits foreign direct investment can bring to Canada and to Canadian communities."