Seven New Projects Approved Through Green Transition Fund
Press Release
April 1, 2025
Through the Green Transition Fund, the Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, today announced $740,000 to support seven green projects throughout the province.
Through the expression of interest process, seven new projects have been approved for funding. These include:
- Ever Green Environmental Corporation – $120,310
- Fisheries and Marine Institute of Memorial University – $114,425
- Newfoundland Adventures Limited – $97,000
- Nunacor Development Corporation – $131,500
- Oceans Advance – $93,200
- Pedego Ebikes – $18,243
- Qalipu Development Corporation – $165,452
Information related to the projects can be found in the backgrounder below.
The Green Transition Fund aims to propel the development of environmentally sustainable business practices and clean technologies in the province and position Newfoundland and Labrador as a leader in the global green transition. This fund supports the greening of commercial operations, research and development, manufacturing and extractive resource development, and other areas that help transition to a greener economy.
There has been significant interest shown for the Provincial Government’s Green Transition Fund with over $4.9 million in funding approved. To date, throughout the province there have been 27 projects approved and 23 are currently under assessment by the department. This funding has leveraged significant investment from the Federal Government and private sources.
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“We are pleased to see continued interest in the Green Transition Fund with a number of innovative projects being undertaken. Our government recognizes the importance of supporting local businesses and organizations through the global green transition. This support with have a positive impact on our economy and contributes to Newfoundland and Labrador’s strong position in the green economy.”
Honourable Andrew Parsons, KC
Minister of Industry, Energy and Technology
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Learn more
Green Transition Fund
Provincial Government Invests in Initiatives Through Green Transition Fund
Government of Newfoundland and Labrador Announces First Two Projects from Green Transition Fund
Provincial Government Launches New Green Transition Fund
BACKGROUNDER
Below are projects approved to receive funding from the Green Transition Fund.
Ever Green Environmental
Ever Green Environmental, a non-profit social enterprise, is receiving $120,310 in funding for its Next Generation Smart 24/7 Mobile Automated Recycling Systems project. The company’s U-Cycle bins are aiding to the greening of their supply chain, reducing barriers to regular recycling and increasing access in rural areas, which directly diverts waste from landfills. In addition, their U-Cycle bins are being sought in other areas of Canada, opening up lines of export for the organization. This shines a spotlight on Newfoundland and Labrador as an expert and leader in the rapidly growing global green economy. Ever Green Environmental’s operations are enhancing economic development in the province. Their mandate is to promote innovation and excellence in the environmental sector, achieve self-sufficiency as a social enterprise and to employ and advance individuals from vulnerable populations.
Fisheries and Marine Institute of Memorial University
The Fisheries and Marine Institute of Memorial University School of Maritime Studies is receiving $114,425 in funding for their Transitioning the Fishing Industry to Whalesafe Fishing Technology project. An educational campaign to build awareness of the project and the need for whalesafe fishing technologies in the commercial fishery, the project will also promote technology adoption among commercial fishing enterprises who will need to transition to these technologies. The project will work with over 200 commercial fishers to build awareness, trial technologies and demonstrate their results to the fleet. The objective of this project is assisting the Newfoundland and Labrador fishing industry in its transition to the green economy by reducing its environmental impact. The project aims to improve education and awareness of the problem and assist technology developers with a testbed for emerging new technologies that can assist fishing enterprises.
Newfoundland Adventures Limited
Newfoundland Adventures Outfitters is receiving $97,000 in funding for a solar energy installation to expand to all year operations at their recently renovated lodge that offers upscale accommodations, attracting hunters from all over the world. Established in 1989, the company provides world-class hunting experiences for Eastern Moose, Woodland Caribou, and Black Bear in Newfoundland’s remote wilderness. The system is necessary to reduce its diesel fuel dependence, enhance its environmental sustainability and decrease operational costs. By expanding its solar power, the outfitter aims to mitigate the environmental risks and noise pollution caused by its diesel generators, while ensuring a quieter, eco-friendly environment that will benefit wildlife habitats and breeding patterns in the area. The new solar installation will contribute to reduced fuel costs, aligning with the outfitter’s long-term sustainability goals and Canada’s 2050 net-zero target and bring in new revenue streams.
Nunacor Development Corporation
Nunacor Development Corporation, the economic development arm of the NunatuKavut Community Council (NCC), is receiving $131,500 in funding for the Cartwright Wind Energy Project. The project is being proposed as a potential onshore wind renewable energy generation facility located nearby Cartwright, Labrador. This site has been chosen due to its location, abundance of wind resources, local support of wind energy and year-round community energy demand characteristics. The funding will be used to complete the necessary pre-development project phase as they work towards the first renewable energy development project for Nunacor. These developments will help to increase energy sovereignty and security through capacity and knowledge acquisition as an Inuit-owned independent power producer. Existing relationships with NL Hydro will help prepare this project for market in the future.
Oceans Advance
Oceans Advance, Newfoundland and Labrador’s Ocean technology innovation cluster, is receiving $93,200 in funding. A member-driven not-for-profit, it consists of export-oriented ocean technology companies, research and technology organizations, municipal, provincial and federal governments along with several post-secondary educational institutes and trade associations that are focused on producing the next generation of ocean leaders. The proposed project receiving funding is a nine-month study project focusing on evaluating energy diversification options for marine vessels. The study will evaluate alternative fuels, hybridization, powertrains, batteries, and coatings to reduce emissions and promote greener vessel technologies and electrification. This study will explore the potential for hydrogen production utilizing existing or upcoming renewable energy projects and assess the feasibility of employing hydrogen, or other alternative fuels, in Newfoundland and Labrador’s shipping sector.
Pedego Ebikes
Pedego Electric Bikes, a premium retailer of electric bikes and mobility devices launched in 2023, will be receiving $18,243 in funding. Located in St. John’s, the company offers electric bike rentals in three separate locations within the metro region. With this funding, they are proposing to provide support for enhanced electric bike technical education and training to maintain and repair electric bikes that will grow and support sustainable transportation solutions for commuting and recreational use within communities year-round. With the growing number of electric bike and electronic scooter users in the province, Pedego would like to expand their services throughout other areas in Newfoundland and Labrador. Usage and popularity in electric bikes continue to grow, contributing to a greener economy and supporting the health and wellbeing of communities.
Qalipu Development Corporation
Qalipu Development Corporation, representing Qalipu First Nation, is receiving $165,452 in funding to explore business partnerships in green hydrogen projects across Newfoundland and Labrador. This initiative is crucial not only for economic growth, ensuring that financial benefits remain within the local community, but also for positioning the province as a key player in the global green economy. This collaboration between Indigenous leadership and industry integrates Qalipu First Nation, a vital Indigenous community stakeholder, into the foundation of the green hydrogen projects’ success. This initiative presents an opportunity for Indigenous economic participation, job creation and workforce development, regional economic growth, global market positioning and sustainable development as a leader in carbon reduction. By securing funding, Qalipu Development Corporation will set a precedent for sustainable, Indigenous-led economic development while ensuring Newfoundland and Labrador remains at the forefront of the global green hydrogen economy.
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