World Energy GH2

World Energy GH2 must include more details in its environmental assessment of the massive development, called Project Nujio’qonik, the Department of Environment and Climate Change said.

The successful bidders include the Newfoundland and Labrador arm of EverWind Fuels, based in Nova Scotia, and World Energy GH2, a company whose directors include seafood billionaire John Risley and Brendan Paddick, a friend of Premier Andrew Furey.

Natural Resources Minister Jonathan Wilkinson says new legislation will let Nova Scotia and Newfoundland and Labrador tap into the potential of offshore wind power development.

Allegations of patronage and a cozy relationship between a billionaire and a Canadian premier are threatening to upend a multibillion-dollar green energy project.

An alliance formed this week between Canada and Germany is revealing a major point of disagreement that could determine the future of hydrogen in the global economy.

Patrick Laracy says the historic deal signed on Tuesday, August 23, 2022, between Canada and Germany involving hydrogen energy could be a boon for his company’s salt reserve in western Newfoundland.

Some energy experts warn a deal to sell Canadian hydrogen to Germany will serve as only a small, far-off and expensive part of the solution to Europe’s energy crisis.

Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to sign a green energy agreement later this month in Newfoundland that could prove pivotal to Canada's nascent hydrogen industry.