Source3 Energy X Inc. (Source3X) and the Skeena Industrial Development Park (SIDP) have signed a memorandum of understanding (MoU) for a clean hydrogen center in British Columbia, Canada.
The MoU is for collaboration on the development of the Skeena Clean Hydrogen Hub, a large-scale clean hydrogen and derivative fuel products production center at the Skeena Industrial Development Park in Terrace, British Columbia.
The Skeena hub will produce clean hydrogen from renewables and other energy sources to meet the growing local and global demand for clean fuels as part of the long-term transition to zero-carbon transport and industrial processes, Source3X said in a news release. Once fully developed, the center will produce up to 50,000 metric tons per annum of carbon-free hydrogen or its downstream products such as clean ammonia, e-fuels, or sustainable aviation fuels annually.
“The Skeena Industrial Development Park has been in discussions with Source3 Energy X Inc. for some time and we are thrilled to take this step,” Michael Pucci, Manager of the Skeena Industrial Development Park, said. “This MoU represents an incredible opportunity to potentially establish a new major industry in our area. Better yet, this industry has a lot of room for growth and, as hydrogen is considered a clean source of energy, leads to decarbonization in multiple other industries across our region. We would like to thank the Northern BC Hydrogen Hub for their support in aligning all our interests.”
“The Skeena Clean Hydrogen Hub is a critical and first element of the clean energy cluster we are developing in Northern British Columbia. We expect long-term exponential growth in demand for green hydrogen and its downstream products not only globally, but also in Canada. Terrace is a major hub for energy, road and rail transportation in Pacific Canada, and we look forward to providing a pathway to decarbonize heavy-duty transportation and other industries,” Ayaz Khokhar, Source 3X President and CEO, said.
Source3X is an independent developer of clean energy projects headquartered in Oakville, Ontario, Canada, with projects under development in British Columbia, Atlantic Canada, and Ontario. Source3X said its clean energy cluster in British Columbia includes GW-scale clean electricity generation from wind energy to meet the province’s growing electricity demand, as well as a long-term ramp-up of clean hydrogen production at various sites in Northern British Columbia.
In May, the Canada Infrastructure Bank (CIB) announced a $246.8 million (CAD 337 million) loan to Vancouver-based HTEC to accelerate the deployment of hydrogen production and refueling infrastructure.
The funds will expedite and expand HTEC’s operations in British Columbia and Alberta, the CIB said in an earlier news release. The investment will contribute to the implementation of HTEC’s full-service, sustainable fuel supply chain focused on reducing emissions in the transportation sector, called H2 Gateway.
HTEC plans to build and operate an interprovincial network of up to 20 hydrogen refueling stations to support the deployment of fuel cell vehicles and advance greener transportation solutions, according to the release.
