NEWS RELEASE

Major milestone for global green hydrogen industry achieved in Newfoundland and Labrador

For Immediate Release
August 30, 2023

Four companies have been awarded exclusive rights to crown land in Newfoundland and Labrador to pursue wind-to-hydrogen projects.

“This is a major milestone for Newfoundland and Labrador’s clean energy sector,” said Kieran Hanley, CEO of econext. “In fact, this has international significance – our province is on the forefront of a new global green hydrogen energy industry.”

econext has already been hard at work identifying the jobs and skills that would be required for the emerging industry, and helping to prioritize opportunities for R&D and innovation. “Stay tuned for news on the work that we have been doing on these fronts,” said Hanley.

Much still has to occur before proposed projects advance, including environmental assessments, financing, approvals, and more. “Our Annual Conference will explore in detail what’s next for the sector,” said Hanley. econext‘s conference is taking place on October 26 in St. John’s – click here for more information.

“Congratulations to those proponents who have the opportunity to progress their projects in the near term,” said Hanley. “And to those who were unsuccessful this time around – we hope you continue to pursue clean energy developments in Newfoundland and Labrador.”

econext is an association of businesses that accelerates clean growth in Newfoundland and Labrador and works on behalf of over 200 members to foster environmentally sustainable economic development. More information can be found at https://econext.ca.

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