Canadian green hydrogen producer EverWind Fuels has acquired three wind farm projects in Nova Scotia, Canada, totalling 530MW, to power the first phase of its green hydrogen and ammonia production complex in the province.
The wind farms, Windy Ridge, Bear Lake and Kmtnuk, represent nearly C$1bn ($757m) in private investment.
Go deeper with GlobalData
The wind projects will generate 2,500 gigawatt-hours of clean energy, which can help produce more than 200,000 tonnes of ammonia.
The power generated from the farms can also be diverted to Nova Scotia Power’s grid, as variable hydrogen production can allow for flexible usage of renewable power.
This will add to the provincial mandate to generate 80% renewable energy sales by 2030. Wind farms are also expected to benefit from the recently passed Canadian Government Investment Tax Credit for renewable generation.
A total of 650 part-time jobs and 30 full-time jobs are anticipated to be created in the region during construction.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataEverWind Fuels CEO Trent Vichie stated: “The global fight against climate change requires us to work together to get long-term investments in clean, renewable energy over the finish line. This investment helps Nova Scotia move more quickly and cost-effectively towards its clean energy transition.
“The power generated at these three new developments will also ensure EverWind’s green hydrogen and ammonia will meet the strictest international standards for green fuels, including European RFNBO [green renewable hydrogen and products using green hydrogen and supporting decarbonisation] criteria. It is a win for our project, a win for the province and, ultimately, a win for the planet.”
The wind farm trio will be developed in partnership with Renewable Energy Systems (RES).
RES Canada development senior vice-president Peter Clibbon stated: “Both wind projects are well advanced through the Nova Scotia Power interconnection process and are currently undergoing environmental assessment field investigations to allow for the commencement of a full EA process in the fall of 2023.”
The green hydrogen and ammonia plant will be developed and built in partnership with Black & Veatch, a US engineering, procurement and construction company.
Another 2GW of wind farms developed on leased Crown land will provide power for the second phase of the project.
The company also intends to purchase and lease land adjacent to the facility, which will house a 300MW solar project.
