Montreal-based renewable energy company TES Canada H2 Inc is set to embark on a groundbreaking C$4-billion ($2.9 billion) green hydrogen initiative in Quebec. An insider source revealed to Reuters on Thursday that this project, expected to reduce 3% of the province’s carbon emissions by 2030, will generate 200 permanent jobs.
An official announcement on the project is anticipated on Friday, with Canadian Industry Minister Francois-Philippe Champagne joining TES Canada, a subsidiary of Tree Energy Solutions, in the revelation.
The green hydrogen project aims to harness energy from a wind and solar farm for its operations, fostering sustainability. Throughout its construction phase, the initiative is poised to create over 1,000 temporary jobs, supplementing the 200 permanent positions.
Starting from 2028, the project is projected to yield 70,000 tonnes of green hydrogen annually. Approximately one-third of this output will be designated for decarbonizing long-haul transportation, while the remaining portion will be utilized for the production of electric renewable natural gas.
Canada, committed to reducing greenhouse gas emissions by 40% to 45% below the 2005 level by 2030, is stepping forward with ambitious projects like this green hydrogen endeavor, aiming to play a pivotal role in achieving its environmental targets.
