Canada intends to start shipping green hydrogen produced by wind farms to Germany by 2025, the first step in a partnership to help Europe’s biggest economy…
Canada is “aiming to become a major producer and exporter of hydrogen as well as related clean technologies,” according to the accord, and wants to attract foreign direct investment to build the infrastructure.Article content
Trudeau and Scholz inked the agreement in Stephenville, a small town with a deep sea port on the Gulf of St. Lawrence, more than 1,000 miles northeast of New York. There are at least two large-scale wind farm projects proposed for the area that would use water electrolysis to produce hydrogen. The chancellor added that “Germany, for its part, stands ready to become one of your closest partners.”Article content
The trip has seen Volkswagen AG and Mercedes-Benz Group AG seal agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production.
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