EverWind Fuels buys three wind projects

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EverWind Fuels, a Canadian large-scale green hydrogen project, recently announced the purchase of three wind-farm development projects: Windy Ridge, and in partnership with Membertou, Bear Lake, and Kmtnuk, together representing about 530 MW. The wind farms will represent a private investment in new, clean, renewable energy generation in Nova Scotia to power Phase 1 of EverWind’s green hydrogen and ammonia project.

Highlights of the development include $1 billion in private investment to deliver additional renewable energy to Nova Scotia; about 650 construction jobs and 30 full-time jobs; support for Nova Scotia’s 80 perent renewables by 2030 standard; new generating capacity, and development of EverWind’s green hydrogen and ammonia production facility.

“The global fight against climate change requires us to work together to get long-term investments in clean, renewable energy over the finish line,” said Trent Vichie, CEO of EverWind. “This investment helps Nova Scotia move more quickly and cost-effectively toward its clean-energy transition. The power generated at these three new developments will also ensure EverWind’s green hydrogen and ammonia will meet the strictest international standards for green fuels, including European RFNBO criteria. It is a win for our project, a win for the province and, ultimately, a win for the planet.”

“Membertou is proud to partner with EverWind Fuels in the Bear Lake and Kmtnuk wind-farm developments,” said Chief Terry Paul, Chief & CEO of Membertou. “As majority owner, Membertou will inform the development process, and along with our partners, we will work to progress the transition to green energy in Nova Scotia and the world. This development will provide a necessary source of energy, and will create economic benefits for the people of Membertou.”

The wind farms will be developed and built in partnership with Renewable Energy Systems Ltd., which has been working with municipalities, corporations, First Nations, and government authorities in Canada since 2003, including extensive work in Nova Scotia.

“RES is excited to partner with EverWind to deliver these farm developments,” said Peter Clibbon, Senior VP of Development for RES in Canada. “RES brings significant experience in wind-farm development, particularly in Nova Scotia. We are pleased with the advanced state of development for the wind farms and are excited to take these developments through to commercial operations.

Both wind projects are well advanced through the Nova Scotia Power interconnection process and are currently undergoing environmental assessment field investigations to allow for the commencement of a full EA process in fall of 2023.”

The three new wind projects will increase the total amount of wind-generated electricity on Nova Scotia Power’s grid and bring Nova Scotia Power closer to meeting the provincial mandate of 80 percent renewable energy sales by 2030.

Any green power in excess of EverWind’s requirements can be made available to Nova Scotia Power for consumption by customers and provide benefits in terms of cost provided by the recently passed Canadian Government Investment Tax Credit for renewable generation.All power for EverWind’s Phase 1 of production will be supplied from newly built renewable energy sources.

“Every wind project we consider building is conditional on ensuring that we do not remove a single watt slated for domestic residential, commercial, or industrial usage from Nova Scotia’s grid,” Vichie said.

More info everwindfuels.com