Canada’s Minister of Housing, Infrastructure and Communities, Sean Fraser, has announced the International Trade and Economic Development, which is an agreement imposed to support a clean energy hub.
This energy hub is being developed by EverWind Fuels in Nova Scotia.
EverWind and Export Development Canada have agreed in principle on terms for a $125-million debt facility that’ll support the project. The project is poised to help Atlantic Canada become a leader in clean energy.
Hydrogen will play a key role in helping Canada meet its net-zero goals. Canada’s plan to build a cleaner economy includes more than 90 clean-growth projects that have a total value exceeding $40 billion. This plan started more than three years ago.