The first out of the gate gets a multi-million dollar loan from the federal government. Ottawa has agreed to give a 128-million dollar loan to World Energy GH2 for its proposed wind-to-hydrogen facilities. We heard from Envirowatvch NL

CBC Newfoundland Morning

The federal government is giving a 128-million-dollar loan to a company that wants to generate wind power in Western Newfoundland. World Energy GH2 has an agreement with Export Development Canada for a loan of up to 128-million dollars. The announcement was made yesterday. The loan is meant to support the development of one of Canada's first commercial scale wind-to-hydrogen facilities, proposed for Stephenville. It will be powered by wind turbines on the Port au Port Peninsula and the Codroy Valley. Federal minister and Newfoundland and Labrador MP Seamus O'Regan made the loan announcement yesterday. Nick Mercer is an expert on renewable energy and is on the executive of Enviro Watch NL. The group that has been urging caution throughout the approval process for wind energy in this province.