North Atlantic Refining’s Avalon Isthmus Green Energy Project, which combines a 324 MW onshore wind farm with electrolysis and hydrogenation facilities at the Come By Chance terminal, recently received environmental assessment release and is targeting a final investment decision in early 2027, positioning Newfoundland
The provincial government has reserved Crown land since August 2023 for green hydrogen projects, charging 3.5% of land market value quarterly as reserve fees. It has invoiced $54.6 million total, receiving $20.1 million as of Feb 9, 2026, and now seeks $34.5 million unpaid from delinquent companies. Energy Minister Llo
Recently extended Crown lands Wind Energy Land Reserve and Wind Energy Contingency Land Reserve deadlines to support renewable energy developments, demonstrating commitment to advancing wind-hydrogen projects and a broader clean energy transition strategy.
The provincial government signed a memorandum of understanding (MOU) with the Port of Amsterdam to establish Newfoundland as a green energy export hub.
Supporting World Energy GH2's Placentia Bay project, underscoring the province's pivot towards industrial decarbonization and sustainable energy. The government is providing regulatory clarity and financial incentives.
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