For Immediate Release
July 23, 2024
Today North Atlantic announced a new Green Energy Hub to stimulate growth and advance export-oriented projects in the province’s green energy and low-carbon sector.
“Newfoundland and Labrador is on the frontier of a new global hydrogen industry,” said econext’s CEO Kieran Hanley, “and North Atlantic’s commitment to developing a green energy hub gets us one step closer to realizing the great potential that is in front of our province.”
The Green Energy Hub will aim to:
“In addition to the commercial/industrial plans which have been laid out, we are excited to see a deliberate focus on research and training,” said Hanley. “Being on the front end of this new global hydrogen industry, investments in workforce and innovation will help ensure Newfoundland and Labrador benefits from a lasting clean energy legacy.”
Last year econext published a discussion paper exploring opportunities to maximize the economic development potential for the province associated with its growing clean energy industry.
“One of the key opportunities we identified was for Newfoundland and Labrador to strive to become a global leader in research, development, training, and innovation,” said Hanley. “We congratulate North Atlantic in helping the province advance its position in this regard in a very tangible way.”
econext is a not-for-profit association with a mission to accelerate clean growth in NL. econext has been working for over 30 years on behalf of its members across many sectors to support environmentally sustainable economic development. econext is a driver for clean growth innovation in the province, a coordinator of green workforce development, and a catalyst for net zero by 2050 planning within NL’s communities and industries. More information can be found at https://econext.ca.
Media Contact
Kieran Hanley
kieran@econext.ca
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