
Newfoundland's smallest green hydrogen project becomes 1st to ink agreement with a buyer
Few North American companies have found buyers, as industry awaits subsidy details
Pattern Energy is the first Canadian green hydrogen company to break into the European market, announcing on Wednesday that it signed a letter of intent with a German company to purchase all of the product coming from Pattern's proposed Argentia site.
The deal was signed quietly in March, but wasn't made public by Pattern until Wednesday at the Energy N.L. annual conference and exhibition.
The deal with German energy firm Mabanaft slingshots Pattern Energy ahead of other companies in the race to produce green hydrogen and ammonia for foreign markets.
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