Supporting one of Canada’s first clean hydrogen tax credit claims
EverWind’s Point Tupper project is expected to become Canada’s first green hydrogen project to meet the rigorous standard required for the Clean Hydrogen Investment Tax Credit (CH ITC). Using carbon intensity modelling, validated a 99% emissions reduction compared to fossil-fuel based hydrogen, qualifying EverWind for the highest tier of the CH ITC – 40% of eligible capital expenditures. This milestone supports EverWind’s leadership in clean energy and advances Canada’s path to a Net Zero future.