EverWind Fuels has secured CAD $22.5 million (approximately $16.2 million) in funding aimed at enhancing marine and port infrastructure for green hydrogen export from its Point Tupper project in Nova Scotia, Canada, reported H2 View.
The funding, provided through Transport Canada’s Green Shipping Corridor Fund, will be utilized to upgrade existing marine terminal facilities to accommodate green fuels, install a green ammonia loading arm, and develop pipelines for green ammonia.
The project is designed to produce 240,000 tonnes of green ammonia annually in its initial phase, with production expected to commence in 2026 for export to Europe.
EverWind has already established a partnership with the Port of Rotterdam, which will facilitate the import of its green hydrogen. This investment is anticipated to expedite the development of the Point Tupper project.
“This announcement underscores the Government of Canada’s ambitious plan to position Nova Scotia as a hub for green energy shipping and a global leader in emissions reduction within the transportation sector,” stated EverWind founder and CEO Trent Vichie.
This move aligns with Canada’s efforts to enhance its status as a hydrogen supplier to regions including Europe.
In August, Canada and Germany pledged a combined €400 million to facilitate a hydrogen import auction under Germany’s H2Global initiative, allowing for the purchase of Canadian hydrogen at full price before resale to buyers at reduced rates.
This initiative builds on the Canada-Germany Hydrogen Alliance established in 2022, aimed at meeting a significant portion of Germany’s green hydrogen demand.
