CWP mulls 5-GW green hydrogen project at Canadian port

CWP mulls 5-GW green hydrogen project at Canadian port The Corner Brook Port in Canada. Image source: www.cornerbrookport.com.

Renewables developer CWP Global and Corner Brook Port Corporation (CPBC) have signed a memorandum of understanding (MoU) to consider the development of a green hydrogen hub at the industrial port in the eastern Canadian province of Newfoundland and Labrador.

Project Gwinya is expected to use up to 5 GW of wind power capacity to produce green hydrogen. The contemplated complex will also include a green hydrogen-powered hot briquetted iron (HBI) plant for the production of green iron, CWP said in a press statement on Friday.

Do you know we have a daily hydrogen newsletter? Subscribe here for free!

CWP, which intends to hold public information sessions in July, will now proceed towards the formal filing of project registration, launching an environmental assessment process and conducting a feasibility study to assess various aspects of the proposed hub, including infrastructure, logistics and economic impacts.

“We are committed to developing this project in continuous consultation with local communities, First Nations and other stakeholders, ensuring the project aligns with regional development goals and its benefits extend beyond the energy transition,” said Steve Delaney, business and development manager for hydrogen at CWP.

More stories to explore
Share this story
Tags
 
About the author

Marta is an M&A and IPO specialist with years of experience covering energy deals in the US and EU.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription