EverWind was granted environmental approval to begin converting a former oil storage facility and marine terminal at Point Tupper in Nova Scotia into a green hydrogen and ammonia production hub
EverWind Fuels, a company founded by private equity veteran Trent Vichie, told Reuters it became the first green hydrogen producer in North America to secure the necessary permits for a commercial-scale facility on Tuesday.
Hydrogen is used in transportation, industrial processes and to make fertilizers. The fuel’s green form is being incorporated by many governments into their future energy plans, given its potential to help reach emission-reduction targets. “To get the permit is a big deal,” said Vichie, who co-founded Stonepeak Infrastructure Partners and also worked at Blackstone Inc.
Production during the facility’s first phase will be powered using wind and solar assets to be built nearby, Vichie said. The company in December leased 137,000 acres which will eventually site turbines generating 2 gigawatts of wind energy, that will power production in its second, larger phase.
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