(via TheNewswire)
EverWind NL Company ;Exploits Valley Renewable Energy Corporation ;Toqlukuti’k
Wind and Hydrogen Ltd. (ABO); andWorld Energy GH2 Inc
According to the Newfoundland Government, the issuance of recommendation letters to four bidders is the next step in the development of a wind-hydrogen industry in the province. These four companies now have the right to pursue the development of their project and can proceed through the Government of
The construction, operations and decommissioning phases of these four projects (ranging from 35 to 40 years) are anticipated to have an overall economic impact (GDP) of
Projects will be required to have benefits plans with the province, including commitments to full and fair opportunity as well as a gender equity and diversity plan that outlines proactive measures for the inclusion of women and other under-represented groups.
Bids were subject to a two-phase assessment conducted by an evaluation committee, with representation from Industry, Energy and Technology; Finance; Indigenous Affairs and Reconciliation;
Environmental Assessment registration is required prior to final award of Crown land and an environmental assessment will be required for these wind projects.
Requests for connection to the provincial electricity grid to support hydrogen production and/or rates other than published rates will be subject to the PUB regulation.
The Provincial Government is committed to continuing to work with the companies that were not successful in this round and they will have opportunities in the future to apply, either through private lands or future calls for bids.
“Newfoundland and
“This is an incredible announcement from the Newfoundland Government” says
About Atco Mining (CSE: ATCM):
Atco is a junior exploration mining company focused on exploring for green energy metals throughout
For further information contact:
Email:info@atcomining.com
Telephone: (604) 681-0084
www.atcomining.com
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