EverWind Fuels Awarded $16 million investment from Canada for clean port and green fuels hub

November 1, 2024 |

In Canada, EverWind Fuels said it has been awarded $16 million through Transport Canada’s Green Shipping Corridor Fund, marking a significant milestone in establishing Atlantic Canada as a premier hub for green hydrogen and ammonia production and transportation.

The firm noted that this strategic investment will support critical marine and shore-side infrastructure development at EverWind’s Point Tupper Terminal, including, but not limited to the enhancement of existing marine terminal infrastructure for green fuel handling, the installation of a state-of-the-art green ammonia loading arm and the development of green ammonia supply pipelines.

The company also highlighted that this investment will accelerate the development of the EverWind’s Point Tupper green hydrogen and green ammonia project and position the Strait of Canso region as a vital hub for sustainable energy development while driving economic growth throughout Nova Scotia and as a transport hub for its sister project on the Burin Peninsula in Newfoundland.

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Category: Fuels

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