Export Development Canada lends Newfoundland hydrogen project $128M ...Middle East

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Export Development Canada lends Newfoundland hydrogen project $128M
Canada signed an agreement with Germany in August 2022 to work toward producing and shipping clean hydrogen to Europe.  But Canada does not currently have any green hydrogen plants up and running. World Energy GH2’s Project Nujio’qonik is to include two to three wind farms in and around Stephenville, Nfld., to initially produce about 250,000 tonnes of hydrogen a year. Germany’s hydrogen strategy includes a plan to try and replace its coal-fired power plants with hydrogen over the next 15 to 20 years, and it needs to get most of that hydrogen from imports. The Canada-Germany agreement set a bold ta

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