A mockup of what the project infrastructure would look like at Felix Cove Looking South. Via GH2 World Energy Inc.
What is being called a historic deal is being signed today in Stephenville that will provide so-called green hydrogen to Germany.
German Chancellor Olaf Scholz and a long list of leaders from some of Germany’s biggest companies are in Stephenville today – the future site of World Energy’s proposed GH2 green hydrogen development.
Among the German captains of industry in attendance are the CEOs of Bayer, Siemens, Volkswagen and Mercedes-Benz.
Chancellor Scholtz will be joined by Prime Minister Justin Trudeau and several federal cabinet ministers, members of the Qalipu and Miapukek First Nations, and representatives of other large-scale renewable hydrogen initiatives from across Atlantic Canada.
Prime Minister Justin Trudeau and German Chancellor Olaf Scholz. (Via @JustinTrudeau on Twitter.)
World Energy chief executive Gene Gebolys says Germany needs new sources of renewable fuels and the world needs to make “faster and better progress in developing sustainable alternatives to fossil fuels at scale”.
World Energy GH2 is proposing to develop a hydrogen and ammonia production facility on the Port au Port peninsula, with 164 turbines to power a facility at the Port of Stephenville. Ammonia will be used to transport hydrogen over long distances.
The German chancellor, who has been in Canada for a few days, will arrive in Stephenville this afternoon. He will participate in a trade show and tour of the venue immediately upon arrival. VOCM News will be there.
