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Energy NL & econext Welcome International Renewable Energy Agreement

(St. John’s, NL –August, 23, 2022) Energy NL and econext welcome the agreement signed today by Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz as a signal to the world that Newfoudnalnd and Labrador can help supply global energy demands.

“I was proud to represent members of Energy NL today in Stephenville as the Prime Minister and Chancellor signed the Canada-Germany Hydrogen Accord between our two nations. Newfoundland and Labrador has an abundant supply of energy that can meet global demand, and do so with low-carbon and renewable energy. Being joined by Kieran Hanley, Executive Director of econext, to share this day was an exceptional demonstration of our ongoing collaboration and desire to support our members and produce world-class energy products. I look forward to the continued work to bring the principles of this memorandum of understanding to fruition, and the many benefits it will bring our members, province, country, and indeed the world.”
• Charlene Johnson, Energy NL CEO

Today, Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz visited Stephenville, Newfoundland and Labrador, where they signed the Canada-German Hydrogen Accord to cooperate on renewable energy, specifically wind-to-hydrogen projects, to help meet the energy needs of Germany. The MOU is an important step in Newfoundland and Labrador providing its vast renewable energy resources to Europe and beyond.

“Through discussion papers, strategic research, policy and regulatory guidance, stakeholder engagement, and more – econext and Energy NL have been working diligently to help define the world class hydrogen production potential that exists within Newfoundland and Labrador. We are thrilled that these opportunities are gaining international interest, and we look forward to working with our partners in this province, Canada, and Germany to help realize them. Newfoundland and Labrador is well positioned to make a significant contribution to the world’s pursuit of net zero.”
• Kieran Hanley, econext CEO

Energy NL represents approximately 460 member organizations worldwide which are involved in the energy sector. Members are active in all areas of the supply and service sector and include a diverse representation of businesses that range from offshore supply vessels and helicopters, carbon reduction and sustainable technologies, health and safety equipment and training, engineering solutions and fabricators to law firms and human resource agencies.

econext is an association of businesses that accelerates clean growth in Newfoundland and Labrador, working on behalf of over 200 members to foster environmentally sustainable economic development.