125M in government support for Everwind massive wind power project

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Everwinds Fuel’s proposed hydrogen production plant in Richmond County’s Point Tupper Industrial Park in Nova Scotia has received a shot in the arm from a government loan of 125m funding. The funds will bring the almost $3Bn project closer to reality.

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Scope

Everwind Fuels’ Hydrogen production plant intends to use wind and solar energy to convert water to hydrogen for both local as well as export.

The company aims to get electrical power from 3 onshore windfarms to be constructed and which are undergoing regulatory approval in Colchester County as well as use a solar plant that will be setup at the site of the hydrogen plant.

Powering the hydrogen plant

The EverWind Fuels Company is planning to construct a wind farm named, Windy Ridge, in Colchester County. It’ll consist of 66-turbines and once it is approved by the Province, and begin construction by 2025. The project is to produce 340 megawatts from its turbines and cost around $660 Million.

However EverWind is working together with Membertou to construct two other wind farms Kmtnuk and Bear Lake project. Kmtnuk has been estimated to cost $190-million, it will produce 98 megawatts of power through 20 turbines. The project is schedule to take place in late 2024 and 2025.The Bear Lake is schedule for the same timeline of construction, except it will cost $170 million and will generate 89 from its 15 turbines in Hants County, near Smiths Corner. Though working together on this wind farm project Membertou will own 51 percent of the green hydrogen of both Kmtnuk and Bear Lake, the reminder 49 percent belongs to EverWind.

Generating approximately 539 megawatts, the three wind projects will be capable to power the EverWind hydrogen and ammonia project, as well as supply power to Nova Scotia’s electricity grid. There are plans to bring up around 300 turbines in Guysborough County are said to come about during a different phase of the project, it will play a part in the hydrogen project.

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