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Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.


TSXV:NKW.H - Post by User

Post by BayWallon Jun 07, 2024 11:07pm
134 Views
Post# 36078900

Must be busy.

Must be busy.No call back from the company. 

I tried to find out why Northland Power gave back the development rights last year.

The contracted had to be "negotiated". So I assume then Northland still valued the project. When I called Northland, the project was not a priority at the moment.

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In other news--The green hydrogen industry has begun.---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. (CBC News June 5, 2024)

A small operation but still requires 300MW of wind power.

Now waiting for BC news near Prince Rupert. Wind power needed to produce green hydrogen  A lack of info on tax incentives for hydrogen is slowing things.

Some say 40% tax break coming, but nothing official from Ottawa. Must be bujyPricing is key to be globally competitive. BC Hydro wlll offer low electricity rates for this industry.


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