Newfoundland hydrogen companies owe millions in land fees as industry hype dissipates | Unpublished
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Source Feed: The Globe and Mail
Author: Sarah Smellie
Publication Date: June 12, 2025 - 09:10

Newfoundland hydrogen companies owe millions in land fees as industry hype dissipates

June 12, 2025
Newfoundland and Labrador is owed millions of dollars in fees from green energy companies, underlining growing doubts about whether promises of major projects and multibillion-dollar investments will pan out. Six companies are vying to create new operations in the province that would use wind energy to produce hydrogen for exports overseas. Figures obtained by The Canadian Press reveal some owe a collective total of $13.7-million in fees due in 2024 for the use of Crown land.


Unpublished Newswire

 
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