Canada announces support for hydrogen project in Nova Scotia

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Canada’s Minister of Housing, Infrastructure and Communities, Sean Fraser, has announced the International Trade and Economic Development, which is an agreement imposed to support a clean energy hub.

This energy hub is being developed by EverWind Fuels in Nova Scotia.

EverWind and Export Development Canada have agreed in principle on terms for a $125-million debt facility that’ll support the project. The project is poised to help Atlantic Canada become a leader in clean energy.

Hydrogen will play a key role in helping Canada meet its net-zero goals. Canada’s plan to build a cleaner economy includes more than 90 clean-growth projects that have a total value exceeding $40 billion. This plan started more than three years ago.

Source: Canada

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H2Nation hopes to serve as a conduit between those who produce, develop, design, or sell hydrogen or renewable energy devices and products.

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