Renewables developer Pattern Energy Group LP will explore the potential of developing a green hydrogen production project along with wind turbine power generation within Canada's Port of Argentia.
The developer has signed an option to lease agreement with the port in Newfoundland and Labrador province that will enable it to assess the commercial feasibility of its proposal and later undertake development activities. The pact was announced by port authorities on Wednesday.
The multi-stage project envisages the installation of wind turbines that will power an electrolysis plant for the production and storing of green hydrogen and derivative renewable fuels. The idea is to export green fuels, including carbon-free green ammonia, to global markets.
“This development at Argentia aligns with both provincial and federal initiatives in reaching zero emissions by 2050,” said port CEO Scott Penney. Highlighting the rising demand for low-carbon green fuels, Pattern Energy Canada’s country head Frank Davis said that the Canadian province has the potential to become a major export hub of green fuels, especially to European markets.
Pattern Energy operates 5.9 GW of renewable capacity globally and has a development portfolio totalling 15 GW, its website shows.
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