Canadian green hydrogen producer acquires three wind farms in Nova Scotia

finance money

EverWind Fuels has acquired three wind farm projects in Nova Scotia, Canada, totalling 530MW, to power the first phase of its green hydrogen and ammonia production complex in the province. The wind farms, Windy Ridge, Bear Lake and Kmtnuk, represent nearly C$1bn ($757m) in private investment.

The wind projects will generate 2,500 gigawatt-hours of clean energy, which can help produce more than 200,000 tonnes of ammonia.

“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 towards 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. 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,” said Chief Terry Paul, Chief & CEO of Membertou.

The wind farms will be developed and built in partnership with Renewable Energy Systems, the largest private developer of renewable power in the world, having constructed over 23GW of wind farms and currently operating over 12GW of wind. 

“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 green hydrogen and ammonia plant will be developed and constructed in partnership with leading engineering, procurement and construction (EPC) company Black & Veatch.

“Our deep experience in the energy transition will allow us to work alongside EverWind’s world-class partners to guide what is expected to be North America’s first large-scale green ammonia production facility forward,” said Ali Assaf, Black & Veatch Vice President and Managing Director. “We are in the final stages of front-end engineering and design (FEED) for the Phase 1 production facility and are progressing all workstreams to deliver on-time and on-budget.”

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% renewable energy sales by 2030.

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