EverWind Fuels has been awarded $22.5 million through Transport Canada’s Green Shipping Corridor Fund, according to a news release.
The strategic investment will support critical marine and shore-side infrastructure development at EverWind’s Point Tupper Terminal, including, but not limited to:
- Enhancement of existing marine terminal infrastructure for green fuel handling
- Installation of a state-of-the-art green ammonia loading arm
- Development of green ammonia supply pipelines
The $22.5 million contribution through Transport Canada’s Clean Ports stream is a testament to the strong federal confidence that EverWind continues to lead Canada’s green hydrogen and ammonia production sector. This investment will accelerate the development of the EverWind’s Point Tupper green hydrogen and green ammonia project and position the Strait of Canso region as a vital hub for sustainable energy development while driving economic growth throughout Nova Scotia and as a transport hub for its sister project on the Burin Peninsula in Newfoundland.
The infrastructure supported by this funding will also help catalyze emissions reductions in the marine transportation sector and serve as a gateway for the movement of green fuels from Atlantic Canada to markets at home and abroad.
