World Energy GH2 Takes Important Step In Leading The Global …

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World Energy GH2 takes important step in leading the global green hydrogen race.

World Energy GH2 Inc. announced that the company has submitted an Environmental Impact Statement (EIS) for Project Nujio’qonik. This submission marks the first comprehensive environmental study in North America for a commercial-scale green hydrogen project.

Project Nujio’qonik is planned to be constructed on the west coast of Newfoundland and Labrador and will be one of the world’s first wind-to-green-hydrogen projects at scale with production coming online starting in 2025.

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Completion of the project’s initial stages will provide an immediate impact on greenhouse gas (GHG) reduction efforts on a global scale. The initial stages of the project will offset ~850,000 tonnes of CO2 emissions per year based on displacing the equivalent amount of energy generated from coal.

Qalipu First Nation, a key partner in the project, also participated in the Environmental Assessment process hrough multiple consultations, and by conducting a Traditional Land and Resource Use Study amongst members of the Newfoundland and Labrador Mi’kmaq community.

Sean Leet, Managing Director and CEO of World Energy GH2, says this EIS is a key milestone for Project Nujio’qonik.

Sean Leet, Managing Director and CEO of World Energy GH2, said:

Over the past few months, we’ve achieved several key milestones for Project Nujio’qonik.

“We acquired the Port of Stephenville, a key asset for the production and shipping of green hydrogen and green ammonia; we closed a $50M investment with our newest partner, SK ecoplant, marking the first overseas investment in a Canadian green hydrogen project; we successfully completed the first phase of the province’s Crown lands bidding process; we made major strides towards completing our Pre-FEED (initial phase of front-end engineering and design) and we have now submitted a comprehensive Environmental Impact Statement.”

“We look forward to the province anouncing its decision regarding the final phase of the Crown lands bidding process at the end of this month, and to the province’s response to our EIS submission later this fall.”

John Risley, Chairman of World Energy GH2, says this is an important milestone in the development of Project Nujio’qonik and in the launch of a new industry.

John Risley, Chairman of World Energy GH2, said:

As we work to stand up a new, clean, renewable energy industry in Atlantic Canada, this is an important step in our progress.

“Signs of climate change are all around us. Atlantic Canada is ideally situated to be part of the solution, and we need to develop green energy solutions now. Our project is on track to produce initial quantities of green hydrogen in 2025, so Canada has the opportunity to be a first-mover and to become a globally important producer, consumer and exporter of green energy. The world desperately needs clean, green energy, and we’re working to make that a reality here in Atlantic Caada.”

The Environmental Assessment process for Project Nujio’qonik, which was registered with the province in June 2022, includes 27 studies and plans as required by the Department of Environment and Climate Change. WEGH2 has been carrying out the studies required since early summer of 2022.

World Energy GH2 takes important step in leading the global green hydrogen race, ST. JOHN’S, NL, August 22, 2023

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