EverWind Fuels, a private developer of green H2 and ammonia production, storage facilities and transportation assets, has announced that it has acquired the NuStar storage terminal in Point Tupper, Nova Scotia. EverWind intends to expand and develop the Point Tupper site to be the location of a regional green H2 hub for Eastern Canada, including new green H2 and ammonia production facilities. These facilities will create new clean energy jobs, help support Nova Scotia’s carbon emissions reduction targets, and establish Nova Scotia as a global leader in the production of green H2 for domestic and export markets.
“As part of the clean energy transition, we are proud to invest in Nova Scotia and support the province in unlocking the immense opportunity presented by green H2,” said Trent Vichie, CEO of EverWind Fuels. “The development of green H2 is an essential tool in the fight against climate change. Expansion of the Point Tupper site will support significant economic development in the region that can attract billions of dollars in new investment, create new jobs, and help make Nova Scotia and Canada global leaders in this exciting industry.”
As an alternative fuel, green H2 produced at the site is expected to help provide a green fuel for Nova Scotia and support carbon emissions reduction by over 1 MMtpy by 2025. By 2030, the project could reduce domestic and international carbon emissions by more than 4 MMtpy through the production of green H2.
The Point Tupper site is ideally positioned to produce green H2 as early as 2025, supported by significant existing in-place infrastructure. Point Tupper has an existing ice-free, deep-water port with 27-meter depth and two berths which can accommodate the largest vessels in the world. The port is the deepest in Nova Scotia and the surrounding region. In addition, the Point Tupper site has existing rail loading facilities and is adjacent to pipeline networks to support domestic and regional markets. Electricity transmission is available at the site as well as 7.7 MM barrels of liquids storage and abundant freshwater, which is adjacent to the site.
The site is operated by a highly qualified, 70-person team trained to protect the surrounding environment and deliver safe operations. In addition, EverWind has engaged a world-class group of partners to support development of the initial phases of the project, including: