EVREC Crown lands wind reserve extended to February 28, 2027

The Government of Newfoundland and Labrador extended EVREC's Crown lands wind reserve to February 28, 2027 after a provincial review. The company says the extension supports development of its large-scale wind-to-green hydrogen and ammonia project in Central Newfoundland.

Exploits Valley Renewable Energy Corporation (EVREC) said the Government of Newfoundland and Labrador extended its Crown lands wind reserve to February 28, 2027. The company welcomed the decision and described the preceding provincial review as rigorous. EVREC presented the extension as supporting its disciplined and transparent development approach. The project cited is a large-scale wind-to-green hydrogen and ammonia development located in Central Newfoundland. Key details: - The government extended EVREC's Crown lands wind reserve to February 28, 2027. - EVREC welcomed the extension following a provincial review. - The review was described by the company as rigorous. - The project is a large-scale wind-to-green hydrogen and ammonia development in Central Newfoundland. - The announcement originated from Botwood, Newfoundland and Labrador. Summary: The extension gives EVREC additional time to continue its stated development process and highlights the company's emphasis on disciplined, transparent planning. Undetermined at this time.