CIP takes control at 5GW onshore wind mega-plan to power green hydrogen
Project tapping strong winds in Canada's Newfoundland & Labrador province slated to produce ammonia and green H2 for local and export markets
Copenhagen Infrastructure Partners (CIP) will acquire a 90% stake in ABO Energy’s planned 5GW onshore wind and hydrogen complex in the Canadian province of Newfoundland and Labrador, the companies announced Tuesday.
The Toqlukuti’k Wind & Hydrogen project is slated to produce green hydrogen and ammonia underpinned by Eastern Canada’s exceptional wind resources, existing infrastructure, and federal and provincial support.
“With the wind speeds present in Atlantic Canada, we see that Toqlukuti’k has the potential to produce green hydrogen and ammonia at globally competitive prices,” said Karlis Povisils, a partner at CIP.
Germany's ABO Energy will stay on as minority partner and co-developer, the companies said. Financial terms were not disclosed.
The project plan envisages phased development, with an initial 700MW earmarked to supply green hydrogen to a renewable diesel refinery operated by Braya Renewable Fuels.
Subsequent phases from 2028 are anticipated to take the project up to as much as 5GW of wind power.
Toqlukuti’k is the second project in the partnership between CIP and ABO Energy, which also includes Canada’s largest onshore wind farm, the 495MW Buffalo Plains array in the western province of Alberta.
These resources are increasingly being eyed by Canada for production of green hydrogen and in 2022 it and Germany forged an alliance to build a transatlantic supply chain to help compensate for the implosion of Russian natural gas exports to European markets amid the ongoing Ukrainian conflict.
Last year Canadian firm EverWind Fuels teamed up with UK-based RES on 530MW of onshore wind capacity in the neighbouring province of Nova Scotia likewise for green hydrogen production.