World Energy GH2 is pressing ahead with plans to produce and ship green hydrogen and green ammonia to global markets with the acquisition of the Port of Stephenville on the west coast of the province of Newfoundland and Labrador.
In particular, the acquisition of the port is an important step toward the shipping of green hydrogen and green ammonia to global markets. In order to fulfil the August 23, 2022 CanadaGermany Hydrogen Alliance, Project Nujio’qonik aims to produce green hydrogen in 2025.
The Port of Stephenville is the cornerstone of our project and will position the Bay St. George area as a green energy hub.
..said Sean Leet, Managing Director and CEO of World Energy GH2.
As a project and an industry, we are building serious momentum here. In just the last few weeks, several key pieces have come together, including the partnership agreement with SK ecoplant, marking the first overseas investment in a Canadian green hydrogen project.
Project Nujio’qonik will be the first project in the country to produce hydrogen and ammonia from renewable wind energy at scale, so we can make good on Canada’s promise to Germany by 2025.
..said John Risley, Chairman of World Energy GH2.
As explained, the Port of Stephenville will follow protocols from leading European ports to ensure robust international safety standards. The World Energy GH2 team is committed to upholding the highest standards for the safe shipping of green ammonia