Nova Scotia’s Minister of Environment and Climate Change released a decision (PDF) today approving the Point Tupper Green Hydrogen/Ammonia Project – Phase 1.
The Minister has approved the undertaking in accordance with Section 13(1)b of the Environmental Assessment Regulations, pursuant to Part IV of the Environment Act, according the the ministry, subject to a number of conditions (PDF).
EverWind will begin construction in early 2023 of the $1bn phase 1 of the project, consisting of a 300 MW electrolysis plant along with a 600 tonnes-per-day ammonia production facility. The project also involves construction of a liquid ammonia pipeline to a jetty for international shipping and a 230 kW substation that will bring in electricity.
The developer approached multiple vendors for electrolysis production technology but only two companies were considered for the final project design: Nel ASA and Siemens, environmental filings show.
The German groups E.ON and Uniper said in August that they aim to buy up to 500,000 tonnes per year of ammonia each from EverWind, starting in 2025, when the project is set to begin production.
In April, EverWind acquired the NuStar storage terminal in Point Tupper to advance the project.
CIBC Capital Markets and Citi are acting as EverWind’s joint financial advisors. International law firm Shearman & Sterling LLP and Canadian firm McInnes Cooper are acting as EverWind’s legal counsels.
