A Canadian port has today (August 22) it had reached an agreement in principle with Cross River Infrastructure Partners to develop a green hydrogen production facility supporting regional, federal, and global efforts to transition to cleaner energy.
Under the agreement, the hydrogen facility will be situated at the Port of Belledune, New Brunswick, Canada and use 200MW of clean power to produce green ammonia for export, with potential expansions creating capacity to serve local and global energy needs.
H2 View understands, pending the outcome of feasibility studies, environmental assessments, due diligence, and permitting, the hydrogen production facility could come online by 2027.
The companies have said they are working closely with New Brunswick’s public utility to secure certified clean energy already available on the grid to support the first phase of the project.
Rishi Jain, Managing Director of Cross River Infrastructure Partners, said, “We believe the Port of Belledune is the best location in Eastern Canada to establish this innovative green hydrogen production facility
“Belledune is an established year-round port with easy access to the key European Union and North American markets we’re targeting. With most of the required infrastructure already in place, including a critical source of existing clean energy and substantial existing transmission to power our operations, we view this as a significant opportunity for everyone involved.”
Denis Caron, President and CEO of the Belledune Port Authority, added, “As a federal port authority, we welcome the opportunity to support Canada’s efforts to provide sustainable solutions to the world. This agreement is an important step in our port’s plan to foster new investment, enable a transition to green energy and bring greater prosperity to all New Brunswickers.”
