Ottawa – Canadian companies are known for their sustainable approach to resource development and are leaders in innovative clean energy technologies. Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency, and Seamus O’Regan Jr., Minister of Labour and Seniors, announced on behalf of Mary Ng, Minister of Export Promotion, International Trade and Economic Development, an agreement to support the development of Canada’s first commercial-scale green hydrogen and ammonia facility in Newfoundland and Labrador.
World Energy GH2 and Export Development Canada, on behalf of the Government of Canada, reached an agreement on terms for a US$95 million (approximate Can$128 million) credit facility to support the development of Project Nujio’qonik, located on the west coast of Newfoundland and Labrador. The project will help put Atlantic Canada on the global stage as a leader in clean energy.
“We are committed to reaching net-zero emissions by 2050 by prioritizing clean technology and energy leadership in Canada. The World Energy GH2 project is helping Canada become a top global supplier of hydrogen and will create good, sustainable middle-class jobs.” – Mary Ng, Minister of Export Promotion, International Trade and Economic Development
“Newfoundland and Labrador will be a global leader in clean energy. It will be the workers of our province who will sell hydrogen to the world and take home the profits. That’s because of companies like World Energy GH2 and the workers who will make it happen.” – Seamus O’Regan Jr., Minister of Labour and Seniors
“Newfoundland and Labrador has the resources, the workers and the passion to lead the way to power Canada’s renewable energy future. Working with partners like World Energy, we will get there.” – Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency